The Vancouver-based firm mentioned that as of the tip of September, the Section 2 plant was greater than 50% full.
Kamoa-Kakula, the largest copper mine to return on-line in many years, began production on May 25 and made its first supply of bulk concentrates to the Lualaba Copper Smelter on June 1. Since then, shipments to the smelter have been occurring every day, the corporate mentioned.
Ivanhoe inked a deal in June with China’s Zijin Mining’s DRC subsidiary and dealer Citic Steel to promote every 50% of the copper manufacturing from the copper mine.
Kamoa-Kakula’s Section 1 concentrator, the corporate mentioned, has persistently achieved a run-rate throughput of 12,600 tonnes of ore per day (a charge of roughly 4.2 Mtpa). Ivanhoe says the determine is 10.5% larger than the design throughput of roughly 11,400 tonnes per day, or 3.8 Mtpa.
The miner highlighted that in preliminary commissioning of the second filter press final week, it had reached a brand new every day manufacturing document of 721 tonnes of copper in filtered focus.
Kamoa-Kakula had, by the tip of September, floor ore stockpiles of about 3.6-million tonnes, grading 4.73% copper, containing greater than 173,000 tonnes of copper, Ivanhoe mentioned.
The corporate’s co-chairperson, mining magnate Robert Friedland believes the mission will turn out to be the world’s second-largest copper mine and the one with the best grades amongst main operations.
The firm has additionally vowed to provide the trade’s “greenest” copper, as it really works to turn out to be the first net-zero operational carbon emitter among the many world’s top-tier copper producers. Friedland has not but set a goal date for reaching that aim.