Ivanhoe Mines Ltd. Reports Strong Copper Production in Q2 2025

Ivanhoe Mines Ltd., a materials company specializing in the exploration and development of mineral properties, has reported a significant production milestone for the second quarter of 2025. The company produced 112,009 tonnes of copper from its Kamoa-Kakula project in the Democratic Republic of Congo, marking an 11% increase compared to the same period last year. This production update was released before the market opened on Tuesday, July 8, 2025.

The Kamoa-Kakula project, a key asset for Ivanhoe Mines, has seen its Phase 1 and 2 concentrators operating at approximately 85% of their design capacity. Notably, 45% of the feed is sourced from the western side of the Kakula mine. The company has also reported that Stage 1 dewatering of the Kakula Mine is progressing as planned, with Stage 2 dewatering scheduled to commence the following month.

In financial terms, Ivanhoe Mines Ltd. is listed on the Toronto Stock Exchange with a market capitalization of CAD 10.51 billion. As of June 12, 2025, the company’s close price was CAD 9.88, with a 52-week high of CAD 20.95 on September 25, 2024, and a 52-week low of CAD 8.76 on June 11, 2025. The price-to-earnings ratio stands at 24.83.

In related news, Trafigura Group has agreed to pay $200 million for copper anodes from an Ivanhoe Mines Ltd. smelter in the Democratic Republic of Congo, which is expected to start operations in September 2025. This prepayment underscores the strategic importance of Ivanhoe’s copper production capabilities.

Ivanhoe Mines continues to develop its portfolio with projects in the Democratic Republic of Congo and South Africa, focusing on zinc-copper and palladium-rhodium-platinum-nickel-copper-gold mines, respectively. The company remains committed to exploring new copper discoveries in the Democratic Republic of Congo, further solidifying its position in the metals and mining industry.