Mining Intelligence and News
DRC

KFM (Kisanfu) Mine

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KFM (Kisanfu) Mine

Location: 53 km E from Kolwezi, DRC

Address:

N°1, avenue Kisanfu, Territoire de Lubudi, Province du Lualaba
Kisanfu
DRC

Contacts:

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Categories

Overview

Mine TypeOpen Pit
StatusActive
Commodities
  • Copper
  • Cobalt
Mining Method
  • Truck & Shovel / Loader
Production Start... Lock
Mine Life... Lock
SnapshotKFM, one of a few high-grade copper and cobalt mines in the world, has maintained high production since its completion. It is the largest cobalt producer in the world.

The KFM Development Project (oxide and mixed ores) (phase I reached production capacity in the second quarter of 2023, with the main products being copper cathode, cobalt hydroxide and a small amount of copper and cobalt sulfide concentrate.

The first phase of the KFM mining and smelting project has been completed and maintained full capacity.

Owners

SourceSource
CompanyInterestOwnership
Government of the Democratic Republic of the Congo 5 % Indirect
Contemporary Amperex Technology Co., Ltd. (CATL) 23.75 % Indirect
CMOC Group Ltd. 71.25 % Indirect
CMOC Kisanfu Mining SARL (operator) 100 % Direct
CMOC Kisanfu Mining SARL owns the KFM (Kisanfu) mine and is 95% owned by KFM Holding. KFM Holding is owned 75% by CMOC Group and 25% by Contemporary Amperex Technology Co., Ltd. (CATL).

As a result, CMOC Group owns 71.25% of the KFM mine, CATL owns 23.75%, and the DRC government retains a 5% stake.

Contractors

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SourceSource

Deposit type

  • Sediment-hosted
  • Stratabound

Summary:

The Kisanfu (KFM) copper-cobalt deposit, located in the Lualaba Province of the Democratic Republic of the Congo (DRC), is classified as a sediment-hosted stratiform copper-cobalt deposit. These deposits are characterized by their formation within sedimentary basins, where mineralization occurs in stratiform layers. In such deposits, copper and cobalt minerals are typically disseminated within sedimentary rocks, often associated with organic material or evaporitic sequences. The Central African Copperbelt, where KFM is located, is renowned for hosting numerous significant sediment-hosted stratiform copper-cobalt deposits.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

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Processing

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Production

Main products being copper cathode, cobalt hydroxide and a small amount of copper and cobalt sulfide concentrate.
CommodityProductUnits2023
Copper Cathode kt  ....  Subscribe
Cobalt Metal in hydroxide kt  ....  Subscribe

Operational metrics

Metrics20242023
Annual production capacity  ....  Subscribe  ....  Subscribe
Annual production capacity  ....  Subscribe  ....  Subscribe
Ore tonnes mined  ....  Subscribe  ....  Subscribe
Tonnes processed  ....  Subscribe  ....  Subscribe

Production Costs

Commodity production costs have not been reported.

Financials

Units2023
Revenue M RMB  ....  Subscribe
Operating Income M RMB  ....  Subscribe

Heavy Mobile Equipment

Fleet data has not been reported.

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Jan 28, 2025

EmployeesYear
...... Subscription required 2023

Aerial view:

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