Congo state miner reaches deal to sell copper from Glencore mine
Congo state miner Gecamines secured rights to market half of the copper output from a Glencore operation. The deal covers thirty percent of production later.
Insights:
The Democratic Republic of Congo 
CD state miner Gecamines has secured the rights to market approximately half of the copper output from Kamoto Copper Company for at least the next two years, with the share adjusting to 30 percent thereafter. This development, reported on February 18, 2026, reallocates marketing rights for a major operation controlled by Glencore plc and represents a significant change in how a large portion of the mine's production will be sold.
CD state miner Gecamines has secured the rights to market approximately half of the copper output from Kamoto Copper Company for at least the next two years, with the share adjusting to 30 percent thereafter. This development, reported on February 18, 2026, reallocates marketing rights for a major operation controlled by Glencore plc and represents a significant change in how a large portion of the mine's production will be sold.Under the new arrangement, Gecamines will take over the marketing of about 50 percent of the copper produced at the facility for a minimum of two years. After this initial period concludes, the state miner is set to market 30 percent of the production. This shift is material to stakeholders in the asset because it directly alters who handles the sales of the output and has direct implications for how the associated revenues are realized.
