Kisanfu Mining
KFM
A company incorporated under Congolese law on January 23, 2021, KFM is a subsidiary of China Molybdenum Company Ltd ("CMOC"), which has held the mining permit ( PE 815) since December 13, 2020, following the indirect transfer of mining assets of the KISANFU project held by PHELPS DOGDE CONGO SARL to China Molybdenum Company Ltd (CMOC). In 2021, CATL acquired a 25% stake in Kisanfu Holding, thereby acquiring 71.25% of the Kisanfu Mine project.
DRC
Lualaba
2021
Annual Production
| Year | Status | Bauxite | Copper | Cobalt | Lithium | Tantalum |
|---|---|---|---|---|---|---|
| 2022 | not started | - | - | - | - | - |
Mining Details
KFM is located in the Bayeke chiefdom, Lubudi territory, Lualaba province, in southern DR. Congo, the project is about 55 km east of the town of Kolwezi and 25 km west of the city of Tenke, and about 33 km southwest of the existing TFM copper and cobalt mine. Several mining companies operate in the vicinity of PE 815. The two closest mines are KISANFU Mining and Minière de KALUMBWE-MYUNGA .
Ownership
Deposit Size
198.8 million tonnes
2.13% Cu and 1.01% Co
Contained Metals
1.999 million tonnes
4.23 million tonnes
Mineral resources estimated according to the geological model built by NERIN in 2021 are 198.8 million tonnes. - Copper content is 2.13%, containing approximately 4.23 million tonnes of copper metal - Cobalt content is 1.01%, containing approximately 1.999 million tonnes of cobalt metal
Project Impacts
Environmental Impacts
Sampling site with elevated metal concentrations.
resolvedMeaning: Sampling site with elevated metal concentrations in sediments; near Kasulo neighborhood.
Sampling site with elevated metal concentrations in sediments; near Kasulo neighborhood.
Environmental and social issues tracked
resolvedMeaning: Environmental and social issues tracked by watchdogs as production increases.
Environmental and social issues tracked by watchdogs as production increases.
Project Impacts
Environmental Impacts
| Name | Meaning | Year | Status | Description |
|---|---|---|---|---|
| Sampling site with elevated metal concentrations. | Sampling site with elevated metal concentrations in sediments; near Kasulo neighborhood. | 2025 | resolved | Sampling site with elevated metal concentrations in sediments; near Kasulo neighborhood. |
| Environmental and social issues tracked | Environmental and social issues tracked by watchdogs as production increases. | 2025 | resolved | Environmental and social issues tracked by watchdogs as production increases. |