Facility

Kisanfu Mine (KFM)

Operated by CMOC Group (China Molybdenum)CD · Lualaba Provincemine

Kisanfu Mine (KFM; also referred to as Kamoto Fungurume Mine in some early reporting) is a copper-cobalt mine in Lualaba Province owned by Kisanfu Mining SAS (75% CMOC, 25% CATL). Acquired by CMOC from Freeport-McMoRan in 2020 for $550M. KFM ramped up aggressively in 2023-2024, contributing substantially to CMOC's cobalt production surge. Expected average annual cobalt capacity of ~50kt in 2025-2026. CATL's 25% stake makes this the only major DRC mine where a battery manufacturer holds a direct equity position in the upstream ore supply. Source: Copperbelt Katanga Mining; CMOC investor communications.

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