5 days ago
Flooded Mine in Congo Is Latest Threat to Global Copper Supply
By , Thomas Biesheuvel, and Jack Farchy
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The status of one of the world's most important copper mines remains clouded in uncertainty, more than a week after seismic activity caused widespread flooding deep below ground.
Ivanhoe Mines Ltd. 's Kamoa-Kakula complex in the Democratic Republic of Congo is one of the world's top sources of copper and was on course to become the third-biggest supplier of the key energy-transition metal this year. Yet its current condition is a mystery, with contrasting messages from its biggest shareholders.
