On December 26th, the Phase II copper and cobalt project of Kolwezi copper mine started pre-commercial production. The Phase II project began on March 24th, adopting processing method as crushing, grinding, solvent-extraction, electrowinning, and cobalt precipitation. The designed production of Phase II is 50,000 tonnes of copper, 3,000 tonnes of cobalt.
Kolwezi copper mine was the first copper mine constructed by Zijin and put into operation abroad. Kolwezi has produced over 70,000 tonnes of copper, providing more than 1,000 jobs for local people. Currently the Kolwezi copper mine is accelerating the finishing of the Phase II. The annual capacity of Kolwezi after full commissioning will be 100,000 tonnes of copper and 3,000 tonnes of cobalt.
About Zijin Mining
Zijin Mining is a leading global metals and mining company and one of the world’s largest producers of gold, copper, and zinc. The company has more than 30 large-scale mining operations and projects across 19 countries on 5 continents. Leveraging strong in-house research, engineering, and development capabilities, Zijin maintains high operational efficiency and low costs in both acquisitions and operations. This enables the company to be an industry leader in value creation, underpinned by its philosophy of pursuing development for all and sustained by superior environmental, social, and governance performance. Zijin’s shares trade on the Hong Kong Stock Exchange (HKEX: 2899) and the Shanghai Stock Exchange (SSE: 601899).