We export ~20% of the 99.7%-pure copper anodes we produce at our Kamoa-Kakula copper smelter along the Lobito Railway Corridor to the Atlantic port of Lobito in Angola. We are proud supporters of the Lobito Corridor and the investment made by @trafigura and @DFCgov to improve the capacity of the rail line, which is fast becoming a major rail artery for copper and critical minerals from the DRC Copperbelt to the global market. The Lobito Corridor is the shortest and most direct export and import route from the Copperbelt to the seaborne international market. Cheaper logistics increases the amount of economically recoverable critical minerals mined in the Copperbelt, lowering cut-off grades. @IvanhoeMines_ @kamoa_copper_sa

Ella Langley's Dandelion debuted at No. 1 on the April 25, 2026-dated chart, spent its first two weeks at the top of the list, and has never left the top five.⁠ ⁠ (via @billboard)

I like this chart by Chris Lafemina at @Jefferies. Chris clearly highlights the challenge of bringing new large-scale copper projects online. Even world‑class assets, operated by experienced management teams, have struggled in recent years to achieve design capacity on schedule. Collectively, the projects in his analysis delivered cumulative copper production 30% BELOW TARGET (36% below target if you exclude Kamoa-Kakula, which was delivered above target, as shown in the table). Copper supply forecasts for the next wave of new copper projects are clearly overestimated. As an industry, we will increase hurdle rates to fully account for the many construction and ramp-up risks, which increase exponentially as projects get larger. As Chris points out, this implies projects will require a higher incentive price to be built... which will lead to higher copper prices. Risk-averse management teams may instead prefer to buy, rather than build, production capacity... but this doesn't solve our lack of supply growth problem... which will lead to higher copper prices. @kamoa_copper_sa @IvanhoeMines_ @ivanhoeelectric