In depth: Newly opened Congo mine feeds China's vast hunger for copper

Prices spiking along with demand as nation's economy recovers from COVID-19

20210903 Congo copper mine

The Kakula Copper Mine in the Democratic Republic of Congo. The proportion of China’s total overseas mining exploration investment going to Canada, Australia and Southeast Asia declined significantly from 2011 to 2020, while investment in Africa and Latin America increased from 10.1% to 18.7% during the same period. (Photo by ivanhoemines.com)

LUO GUOPING, LU YUTONG and HEATHER MOWBRAY, Caixin

The first shipment of copper ore from the Kamoa-Kakula mine in the southern Democratic Republic of Congo is expected to arrive in China this month after traveling overland to the South African port of Durban.

The mine, operated by a Chinese-Canadian joint venture, is expected to produce 200,000 tons of copper a year in its first phase, rising to a peak of 800,000 tons or more by 2029, with a majority of the output to be smelted, processed and sold in China.

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