Ivanhoe Mines targets Congo market for sulphuric acid
Ivanhoe Mines is supplying sulphuric acid to DRC miners as global prices rise. Output is set to reach 700,000 tons annually at the Kamoa-Kakula smelter.
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IVANHOE MINES LTD-CL A has secured a dominant position in the sulphuric acid market within the Democratic Republic of the Congo, according to the company's chief executive. Speaking on the sidelines of a copper industry gathering in Santiago, CEO Marna Cloete highlighted that the Vancouver-based miner is benefiting from a "captive audience" as global supplies of the essential chemical tighten due to ongoing conflict involving Iran.
