The DRC - copper and cobalt

  •  CuTop 10 copper producer in the world
  •  CoThe world's largest cobalt producer

CMOC is the world's leading producer of copper and cobalt. CMOC holds an 80% stake in the TFM copper-cobalt mine and a 71.25% stake in the KFM copper-cobalt mine in the DRC. As two world-class projects, TFM and KFM cover an area of 1,600 square kilometers and 33 square kilometers, respectively. The company's main business is the exploration, mining, extraction, processing, and sales of copper and cobalt, boasting a complete set of techniques and processes for all stages from mining to processing. It mainly produces copper cathode and cobalt hydroxide. As of 2024, TFM operates five production lines with an annual copper production capacity of over 450,000 tonnes, while KFM has one production line with a capacity of over 150,000 tonnes of copper. In 2024, the company produced 650,200 tonnes of copper and 114,200 tonnes of cobalt, achieving RMB50.6 billion in revenue, up 80.71% YoY.

Copper and cobalt mines in the DRC

  TFM Copper-Cobalt Mine KFM Copper-Cobalt Mine
Geographic location Fungurume, Kolwezi, Lualaba, DRC Bayeke, Lubudi, Lualaba, DRC
Main products Copper
Cobalt
Copper
Cobalt
Shareholding percentage 80% 71.25%
Project status In production In production
Resources/ Grade Cu 30.14MT@2.24%
Co 3.31MT@0.25%
Cu 4.31MT@1.88%
Co 2.09MT@0.91%

Recent highlights:

  • TFM Mixed Mine Project achieved full production capacity and met all targets as planned, reinforcing TFM's position among the world's top five copper mines.
  • Through technological upgrades, process optimization, and refined management, KFM successfully reduced production costs while improving equipment operating rates and copper/cobalt recovery rates.
  • Commitment to High ESG Standards. TFM passed the Responsible Minerals Initiative (RMI) audit, while KFM obtained external certifications for ISO 9001 (Quality Management), ISO 14001 (Environmental Management), and ISO 45001 (Occupational Health & Safety Management), along with RMI audit compliance.

Website:http://tfmofficial.com

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