A HIGH-GRADE COPPER AND COBALT PRODUCER IN KATANGA
Mutanda Mining (known as “MUMI”) comprises the Mutanda and Kansuki concessions in the Katanga province of the Democratic Republic of Congo which were merged in July 2013. MUMI is jointly owned by Glencore (69% ownership) and Fleurette (31% ownership).
MUMI is managed by Glencore who also have a 100% offtake contract for all copper and cobalt production. MUMI is a high-grade copper and cobalt producer. Total copper production for 2014 was up 31% to 197,129 tons (2013: 150,553 tons).