The revival of the historic Kipushi mine in the Democratic Republic of Congo has made significant progress. The first ore arrived at the new Kipushi concentrator on May 31 and the first zinc concentrate was produced on June 14. This achievement marks the beginning of a new era for the mine, which has been in maintenance for the past 31 years.
The Kipushi ball mill with the first load of ore. Source: ivanhoemines.
Expectations of the Kipushi mine for zinc production
Ivanhoe Mines has set an ambitious production forecast for the Kipushi mine in 2024. The mine is expected to produce between 100,000 and 140,000 tons of zinc in concentrate during the next year. This estimate reflects Kipushi’s significant potential and its ability to contribute to the global zinc market. the global zinc market.
The first concentrate in Kamoa-Kakula. Source: Ivanhoe Mines.
During the first five years of operation, Kipushi’s zinc production is expected to average 278,000 tons per year. This capacity places Kipushi as the fourth largest zinc mine in the world, highlighting its importance in the global mining industry. The mine is not only a giant in production, but also an example of efficiency and sustainability.
Expansion of processing and commercial alliances
Basic engineering is already underway to increase the Kipushi concentrator’s processing capacity by 20% to 960,000 tons per year. This increase will allow the mine to maximize its production and efficiency, ensuring a constant and high quality supply of zinc to the market.
To ensure Kipushi’s continued success, Ivanhoe Mines has signed zinc concentrate purchase agreements with. CITIC Metal and Trafigura. In addition, financing facilities totaling US$170 million have been arranged, providing the necessary financial backing for future operations and expansions.
Greener zinc mine
Kipushi has been reconfirmed as the zinc mine with the lowest carbon intensity in the world, according to Scopes 1 and 2. This achievement reflects Ivanhoe Mines’ commitment to sustainability and reducing its environmental impact, aligning with industry best practices.
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Source and photo: ivanhoemines