Ivanhoe hits upper end of 2022 guidance, expects higher output this year after debottlenecking

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The lower end of the 2022 production guidance was raised to 325,000 tonnes last year following the successful ramp-up of Kamoa Copper’s Phase 2 concentrator plant, which was commissioned several months ahead of schedule and declared commercial production on April 7, 2022.

“Kamoa-Kakula has firmly established a track record of excellence during the development of Phase 1 and Phase 2 operations, which has led to an industry-leading growth profile in terms of copper production that will continue as we bring Phase 3 online,” Ivanhoe’ co-chair Robert Friedland said in a press release.

Friedland said Kamoa-Kakula stands out among its peers as one of the few mining operations worldwide to strongly deliver on its original 2022 production guidance, which he said “is a further testament to the team of engineers and contractors who commissioned the Phase 2 concentrator several months ahead of schedule.”

The 2023 annual production…

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