KFM – Phase II project, Democratic Republic of Congo
Name of the Project
KFM – Phase II project.
Location
Bayeke, Lubudi, Lualaba, in the Democratic Republic of Congo.
Project Owner/s
A joint stock company incorporated in China CMOC Group.
Project Description
The project is expected to increase the project’s processing capacity of raw ore by 7.26-million tonnes and, upon reaching full production, have an expected average increase of 100 000 t/y of copper metals.
The first phase of KFM reached full capacity in 2023.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
$1.08-billion.
Planned Start/End Date
The project is expected to take two years to build and is scheduled to be completed and put into production in 2027.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
Not disclosed.
Contact Details for Project Information
CMOC Group investor liaison, tel +86 21 80330506 or email 603993@cmoc.com.
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