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Friedland sees copper supply cliff

ROBERT Friedland’s Ivanhoe Mines is expanding its Kamoa-Kakula operation in the Democratic Republic of Congo to 600,000 tonnes of copper per annum, but it is not expected to put a dent in demand.

Kristie Batten in Cape Town
 Robert Friedland speaking at Mining Indaba 2022

Robert Friedland speaking at Mining Indaba 2022

Kamoa-Kakula achieved first production a year ago and the phase two concentrator achieved commercial production last month. Guidance for 2022 is 290,000-340,000t of copper at C1 costs of US$1.20-1.40 per...

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