Ivanhoe Mines Responds to Media Reports Regarding Copper Concentrate Exports from the Democratic Republic of Congo
Discussions are ongoing with DRC Government officials regarding an individual concentrate export derogation
- Ivanhoe Mines also is aware of a subsequent letter confirming that companies with a derogation letter from the Minister of Mines will be allowed to export concentrates.
- Ivanhoe Mines' President and CFO Marna Cloete commented, "The concentrate export ban is not new.
- On March 26, 2021, Ivanhoe Mines announced the start of copper concentrate production at the Phase 1, 3.8 million-tonne-per-annum (Mtpa) Kamoa-Kakula Mine, several months ahead of schedule.
- (L-R): President Kgalema Motlanthe, Former President of South Africa and an Ivanhoe Mines Independent Director; Flix Tshisekedi, President of the Democratic Republic of the Congo; Marna Cloete, Ivanhoe President and CFO.