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Kamoa Copper signs off-take agreements with Chinese companies
Kamoa Copper signed off-take agreements with CITIC Metal (HK) Limited (CITIC Metal) and Gold Mountains (H.K.) International Mining Company Limited, a subsidiary of Zijin Mining Group, for 50% each of Kamoa’s copper products from phase 1. The remaining 50% of products will go to a multiple of other partners. The demand for Kamoa’s copper is due to its clean, high-grade concentrate, is estimated to contain roughly 57% copper and very minimal levels of contaminants. Munanga comments: “We are very pleased to have reached agreements with our partners CITIC Metal and Zijin at internationally-competitive terms. The ... (full story)