CMOC Group

Tenke Fungurume

One of the largest copper-cobalt operations in the world, central to global cobalt supply.

Capacity

Major copper and cobalt output; see operator disclosures

Status

Operating

Power supply for DRC copper expansion

Copper expansion in Lualaba is power-constrained. Hydropower rehabilitation, imports and IPP capacity represent a recurring investment need rather than a single tender.

Copper

The core electrification metal. African supply is concentrated in the Central African Copperbelt across the DRC and Zambia.

Cobalt

Battery cathode input produced largely as a copper by-product in the DRC, which accounts for the majority of world mine supply.

African copper growth is a power and logistics problem

Grade is not the constraint in the Central African Copperbelt. Firm electricity and export corridor capacity are.

Africa's critical minerals: concentrate exporter or materials producer?

Graphite, lithium, nickel and cobalt endowments are established. Processing location is the open question that determines value capture.