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Flooded mine in Congo is latest threat to global copper supply
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’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.
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’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.
