mine · Democratic Republic of the Congo
Mutanda
A very large copper-cobalt operation whose output decisions move the global cobalt market.
Earthern Project Score
69 / 100
Resource, economics and jurisdiction
- Resource
- Large oxide copper-cobalt resource.
- Production
- Restarted output making it one of the largest cobalt sources globally.
- Economics
- Swing producer economics; output responds directly to cobalt prices.
- Infrastructure
- Integrated processing with regional power supply constraints.
- Jurisdiction
- High risk
- Ownership
- Glencore 100%
- Region
- Lualaba
What this asset is
A very large copper-cobalt operation whose output decisions move the global cobalt market.
Earthern Project Score 69
Version v0.1
- Resource Quality
- 67 (weight 1.2) — Grade, continuity and metallurgical complexity of the resource.
- Project Scale
- 74 (weight 1) — Annual output potential relative to the global market for its primary mineral.
- Development Stage
- 75 (weight 0.9) — How far the asset has advanced toward or through production.
- Jurisdiction
- 68 (weight 1.1) — Political stability, permitting predictability and rule of law.
- Infrastructure
- 71 (weight 0.9) — Access to power, water, transport and processing capacity.
- Economics
- 64 (weight 1.2) — Cost position and margin resilience through the price cycle.
- Strategic Importance
- 70 (weight 1) — Relevance to national critical mineral strategies and allied supply chains.
- Supply-Chain Value
- 71 (weight 1) — Whether the asset relieves a genuine downstream bottleneck.
- Sustainability
- 69 (weight 0.9) — Carbon intensity, water use, tailings approach and community standing.
- Execution Risk
- 62 (weight 1) — Technical, financing and schedule risk to reaching nameplate output. Higher is lower risk.
Minerals produced
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