https://newsletter.mw.creamermedia.com
Copper|Energy|PROJECT
Copper|Energy|PROJECT
copper|energy|project

China's CMOC to invest $1.1bn to expand its KFM copper mine in DRC

Copper smelting

Photo by Bloomberg

24th October 2025

By: Reuters

  

Font size: - +

China's CMOC Group will spend $1.08-billion to expand its KFM copper mine in the Democratic Republic of Congo to add about 100 000 metric tons of output per year, it said on Friday.

It will launch the second phase of its KFM project in 2027. The first phase of KFM reached full capacity in 2023.

The investment comes as copper supplies face possible shortage amid mine worldwide disruptions, including the suspension of Freeport's flagship Grasberg project in Indonesia.

CMOC owns 71.25% of KFM through its Hong Kong-based subsidiary and also operates the Tenke Fungurume mine in Congo. Both mines are key suppliers of copper and cobalt, metals key for energy transition.

CMOC said the KFM expansion will strengthen its position in the global market but warned of possible risks from price swings and the DRC's political and economic uncertainty.

Edited by Reuters

Article Enquiry

Email Article

Save Article

To advertise email advertising@creamermedia.co.za or click here

Showroom

Rentech
Rentech

Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

VISIT SHOWROOM 
ABB Electrification
ABB Electrification

Electrifying the world in a safe, smart, and sustainable way, ABB Electrification is a global technology leader in electrical distribution and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

This week: Africa must collaborate to protect the planet; Engen showcases digital innovation, long-term commitment to coal sector at Coal Africa 2025 and, Pilot Crushtec demonstrates innovation, sustainability in crushing solutions at Coal Africa 2025
Resources Watch
22nd October 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.158 0.235s - 144pq - 2rq
Subscribe Now