Our Operations

SPCC MINING is the second largest cobalt producer and a leading copper producer in the world. Covering an area of over 1,500 square kilometers, our Tenke Fungurume Mine (TFM) in the DRC specializes in exploration, mining, extraction, processing, and sales of copper and cobalt, boasting a complete set of techniques and processes for all stages from mining to processing. It mainly produces copper cathode and cobalt concentrate.

Highlights

• Covering a mining concession of over 1,500 square kilometers, TFM is one of the highest grade copper and cobalt mines globally with great prospects for resource exploration and development;
• Benefits from cost and efficiency programs start to show: the total cash cost decreased by US $ 130 million, of which the unit cost of mining was down 29%, the plant unit cost down 7%, and the administrative cost down 11%.
• Advancing steadily, the 10K expansion project is expected to commission in 4Q2020. The project will allow the copper output to increase to more than 200,000 tons after a period of ramping up.