No Result
View All Result
  • Login
Monday, July 13, 2026
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Business

Ivanhoe Mines begins copper anode production at smelter in Africa

by theadvisertimes.com
6 months ago
in Business
Reading Time: 2 mins read
A A
0
Ivanhoe Mines begins copper anode production at smelter in Africa
Share on FacebookShare on TwitterShare on LInkedIn


Ivanhoe Mines has announced the initial production of copper anodes at its Kamoa-Kakula smelter in Africa.

The direct-to-blister facility, said to be Africa’s largest copper smelter, has a capacity of 500,000 tonnes (t) per annum.

The smelter produced the first anodes in December 2025, approximately five weeks after the start of its heat-up process and just one week after receiving its first concentrate feed.

Ivanhoe Mines anticipates that by 2026, sales will surpass production levels as it processes 20,000t of stockpiled copper in concentrate into 99.7% pure copper anodes.

This strategy aims to take advantage of near-record copper prices.

The ramp-up phase of the smelter is expected to continue through 2026 and reach a steady-state production rate by the end of the year.

During this period, Kamoa-Kakula’s management plans to prioritise processing concentrates produced by its three concentrators on-site.

Any surplus will be treated at the Lualaba Copper Smelter near Kolwezi in the Democratic Republic of the Congo.

It is estimated that unsold stocks of copper in concentrate will decrease from 37,000t to around 17,000t throughout 2026.

The smelter also recently produced its first batch of byproduct sulphuric acid.

With annual production capacity forecast at up to 700,000t of high-strength sulphuric acid, this byproduct is expected to meet local demand, particularly after Zambia’s export ban in September 2025.

The first sale has already been completed, with deliveries forthcoming.

Ivanhoe Mines founder and executive co-chairman Robert Friedland said: “The first production of copper anodes from our world-class smelter is a defining moment for Kamoa-Kakula.

“This achievement is the culmination of a $1.1bn [C$1.51bn] investment, 18 million man-hours of disciplined execution, and an outstanding health and safety record that reflects the professionalism and commitment of everyone involved.”

In terms of infrastructure developments, Kamoa-Kakula has installed a 60MW uninterruptible power supply system and expects its solar power site to be operational by the second quarter of 2026.

Moreover, mining operations at Kakula have achieved completion of stage two dewatering and have started selective mining on the eastern side earlier than planned.

Dewatering on the western side has enabled access to higher-grade ore areas.

“Ivanhoe Mines begins copper anode production at smelter in Africa” was originally created and published by Mining Technology, a GlobalData owned brand.

 

The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.



Source link

Tags: AfricaanodebeginsCopperIvanhoeminesproductionsmelter
ShareTweetShare
Previous Post

NTA mulls bond issue to finance Metro

Next Post

The Future of Beauty Packaging: Here’s What Brands Need to Know

Related Posts

US stocks today: US stocks end lower as Iran tensions dampen risk appetite; chipmakers drop

US stocks today: US stocks end lower as Iran tensions dampen risk appetite; chipmakers drop

by theadvisertimes.com
July 13, 2026
0

Tech shares pulled U.S. stocks lower on Monday after President Donald Trump announced that he would reinstate a blockade on...

Exclusive: Delaware Secretary of State partners with Norm Ai to propose the AIC, a legal entity for agents

Exclusive: Delaware Secretary of State partners with Norm Ai to propose the AIC, a legal entity for agents

by theadvisertimes.com
July 13, 2026
0

In a 2023 essay published in Science, one of us argued that nothing in the law of several states clearly...

Germany opposes EU trade embargo on settlements

Germany opposes EU trade embargo on settlements

by theadvisertimes.com
July 13, 2026
0

The German government made it clear today that any vote on a boycott or toughening of trade terms with...

Germany approves healthcare costs overhaul despite significant pharma opposition

Germany approves healthcare costs overhaul despite significant pharma opposition

by theadvisertimes.com
July 13, 2026
0

Lawmakers in Germany have passed a bill that will cut health insurance costs in a shakeup that has generated strong...

Regev pushes to appoint crony as Israel Railways chair

Regev pushes to appoint crony as Israel Railways chair

by theadvisertimes.com
July 13, 2026
0

Several days before the dissolution of the Knesset, Minister of Transport Miri Regev is pushing for the appointment of...

SK Hynix US-listed shares slip nearly 8% as Nasdaq debut euphoria cools

SK Hynix US-listed shares slip nearly 8% as Nasdaq debut euphoria cools

by theadvisertimes.com
July 13, 2026
0

SK Hynix's US-listed shares fell nearly 8% in early trade on Monday, giving up part of Friday’s strong debut gains...

Next Post
The Future of Beauty Packaging: Here’s What Brands Need to Know

The Future of Beauty Packaging: Here’s What Brands Need to Know

China seeks to shield investments after U.S. attack jolts Venezuela

China seeks to shield investments after U.S. attack jolts Venezuela

  • Trending
  • Comments
  • Latest
Should You Offer a Concession to Get Your Apartment Leased Faster?

Should You Offer a Concession to Get Your Apartment Leased Faster?

June 15, 2026
How I Maximize My Sapphire Reserve Dining Credit

How I Maximize My Sapphire Reserve Dining Credit

July 10, 2026
Fourth of July 2026 Freebies and Deals

Fourth of July 2026 Freebies and Deals

July 3, 2026
5 things financial therapists want every advisor to know

5 things financial therapists want every advisor to know

June 26, 2026
The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

July 6, 2026
Prime Day, June 2026: How Retailers Competed With Amazon

Prime Day, June 2026: How Retailers Competed With Amazon

June 29, 2026
Germany opposes EU trade embargo on settlements

Germany opposes EU trade embargo on settlements

0
Ford Recalls Nearly 1M Vehicles in 2 Weeks. Is Your Car on the List?

Ford Recalls Nearly 1M Vehicles in 2 Weeks. Is Your Car on the List?

0
Goldman Sachs quietly snags a corner of America’s retirement money

Goldman Sachs quietly snags a corner of America’s retirement money

0
US stocks today: US stocks end lower as Iran tensions dampen risk appetite; chipmakers drop

US stocks today: US stocks end lower as Iran tensions dampen risk appetite; chipmakers drop

0
Bolivia Considers Recognizing USDT for Payments Amid Dollar Shortage

Bolivia Considers Recognizing USDT for Payments Amid Dollar Shortage

0
How Outdated EBT Cards Are Fueling a Surge in SNAP Benefit Theft

How Outdated EBT Cards Are Fueling a Surge in SNAP Benefit Theft

0
Ford Recalls Nearly 1M Vehicles in 2 Weeks. Is Your Car on the List?

Ford Recalls Nearly 1M Vehicles in 2 Weeks. Is Your Car on the List?

July 13, 2026
How Outdated EBT Cards Are Fueling a Surge in SNAP Benefit Theft

How Outdated EBT Cards Are Fueling a Surge in SNAP Benefit Theft

July 13, 2026
US stocks today: US stocks end lower as Iran tensions dampen risk appetite; chipmakers drop

US stocks today: US stocks end lower as Iran tensions dampen risk appetite; chipmakers drop

July 13, 2026
Waller says Fed shouldn’t ‘fight the last war’ on inflation but warns hikes still possible

Waller says Fed shouldn’t ‘fight the last war’ on inflation but warns hikes still possible

July 13, 2026
Exclusive: Delaware Secretary of State partners with Norm Ai to propose the AIC, a legal entity for agents

Exclusive: Delaware Secretary of State partners with Norm Ai to propose the AIC, a legal entity for agents

July 13, 2026
Will the Trump Admin Buy Into OpenAI & Save Softbank?

Will the Trump Admin Buy Into OpenAI & Save Softbank?

July 13, 2026
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Ford Recalls Nearly 1M Vehicles in 2 Weeks. Is Your Car on the List?
  • How Outdated EBT Cards Are Fueling a Surge in SNAP Benefit Theft
  • US stocks today: US stocks end lower as Iran tensions dampen risk appetite; chipmakers drop
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.