Zijin warns Kamoa-Kakula flooding threatens its 2026 copper target
Zijin Mining said flooding at Kamoa-Kakula could cut its attributable copper output by up to 57,000 tonnes in 2026, threatening its group-wide 1.2 million tonne target.
Zijin Mining said flooding at Kamoa-Kakula could cut its attributable copper output by up to 57,000 tonnes in 2026, threatening its group-wide 1.2 million tonne target.
The Manono lithium project in the DRC, controlled by China's Zijin Mining, received certification for its first export batch in July 2026, making the country a lithium producer for the first time.
Newmont finalised its $1bn sale of the Akyem gold mine in Ghana to China's Zijin Mining Group in August 2025, receiving the last $100m instalment after Ghana's Parliament ratified the mine's extended lease.
Ivanhoe Mines publicly contradicted joint-venture partner Zijin Mining's description of roof collapses at the Kakula copper mine, saying inspections found no evidence of structural failure.