Global copper demand to soar

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

Global copper demand to soar Global copper demand to soar Global copper demand to soar Global copper demand to soar Global copper demand to soar

Robert Friedland presenting in Cape Town this week

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.

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