DRC boosts US copper sales to 500,000 t: supply and offtake notes for mine planners
Reviewed by Tom Sullivan

First reported on MINING.com
30 Second Briefing
The Democratic Republic of Congo has lifted planned copper sales to the US to 500,000 tonnes via a Gécamines–Mercuria joint venture backed by the US International Development Finance Corporation, drawing on minority stakes in Kamoto Copper Company and the high-grade Tenke Fungurume mine. Congo’s copper output reached 3.5 million tonnes in 2025, while a new ARECOMS-run strategic reserve will stockpile cobalt, germanium and other designated minerals, including up to 9,600 tonnes of quota-reserved cobalt in 2026. For miners and traders, this signals tighter state control over export volumes and increased competition with Chinese operators such as CMOC, Zijin and Huayou.
Technical Brief
- Gécamines–Mercuria JV structure leaves Mercuria as seller of record while Gécamines builds trading capability.
- Transition to in-house trading requires new capacity in trade finance, cargo insurance and price/credit risk management.
- ARECOMS’ strategic reserve can absorb unshipped quota cobalt, germanium and other designated minerals, tightening effective export supply.
- For other African producers, Congo’s quota-plus-reserve model illustrates a template for state-managed critical mineral supply.
Our Take
Glencore’s shift to a standalone copper-led strategy in the DRC, highlighted in our recent coverage of its Orion Critical Mineral Consortium deal, means US-linked offtake from Kamoto and Tenke Fungurume could increasingly compete with long-established Chinese buyers for the same 2026–27 production streams.
With Chinese firms already controlling about 80% of Congo’s mining output and tax breaks locked in until 2040, the fivefold ramp-up in US-bound copper sales mainly changes offtake direction rather than ownership, suggesting future leverage for Kinshasa will hinge on renegotiating marketing rights at assets like Kamoto and Gécamines’ Mutoshi project.
Congo’s forecast 3.5 Mt copper output in 2025 and its 70% share of global cobalt production place it at the centre of the 306 copper/cobalt-tagged pieces in our database, and the new 10% cobalt export reservation for strategic use signals that future US deals may increasingly be structured around bundled copper–cobalt supply rather than copper alone.
Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.
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