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analysis

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.

23 Aug 20267 min read

Kamoa-Kakula and Kansanshi S3 both add processing capacity in a region where firm power availability is contested and where every additional tonne must find a route to sea.

The Lobito Atlantic Railway changes the arithmetic by offering a materially shorter Atlantic route, but the relevant metric is realised tonnage rather than concession announcements.

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