DR Congo: Robert Friedland’s Ivanhoe Mines next smelter operator after China Nonferrous

The new copper smelter unit requires an investment of $600 million.

05/04/2021 at 16h05, by Africa Business+

Ivanhoe Mines’ recent fundraising of $575 million—at an unprecedented 2.5% interest rate—is advancing the feasibility study to build a $600 million smelter. The plant will process red metal concentrates from its giant Kamoa-Kakula project in Lualaba province (ex-Katanga).

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