Kipushi Zinc Mine
The Kipushi zinc-copper-germanium-silver-lead mine in the DRC is the world's highest-grade zinc mine, and is on track to return to production in Q3 2024. Kipushi is expected produce approximately 270,000 tonnes of zinc in concentrate upon recommencement of production, which will place it among the world's largest zinc producers. The mine is adjacent to the town of Kipushi in the DRC approximately 30 kilometres southwest of the provincial capital of Lubumbashi. It is a high-grade, underground zinc-copper project in the Central African Copperbelt which mined approximately 60 million tonnes grading 11% zinc and 7% copper between 1924 and 1993. In addition to producing copper and zinc, the mine produced 12,673 tonnes of lead and approximately 278 tonnes of germanium between 1956 and 1978. The mine had been managed on a care and maintenance basis since 1993. In late 2022, Ivanhoe and its partner Gécamines finalized an agreement to return Kipushi to production.