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Ivanhoe Mines Ltd. T.IVN

Alternate Symbol(s):  IVPAF

Ivanhoe Mines Ltd. is a Canada-based mining, development, and exploration company. It is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include Kamoa-Kakula Complex, Western Foreland, Kipushi and Platreef. The Kamoa-Kakula Complex project is a stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers (kms) west of the town of Kolwezi and approximately 270 kms west of the provincial capital of Lubumbashi. The 17 licenses in the Western Foreland cover a combined area of 2,407 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex. The Kipushi Project lies adjacent to the town of Kipushi and 30 kms southwest of the provincial capital of Lubumbashi. Its Platreef project is situated approximately eight km from Mokopane and 280 km northeast of Johannesburg, South Africa.


TSX:IVN - Post by User

Post by crow27on Jun 30, 2024 7:50pm
234 Views
Post# 36112894

225 MW needed when everything is up and running

225 MW needed when everything is up and running

In addition, Kamoa Copper's engineering team continues to expand its on-site, backup-power generator capacity, to ensure there is on-site redundancy for the Phase 1, 2 and 3 operations. On-site, backup-power generator capacity is scheduled to increase, via a phased roll-out, to a total of more than 200 MW by the end of 2024. The generator farm sites are being built adjacent to the Phase 1 and 2 concentrators and smelter at Kakula, as well as adjacent to the Phase 3 concentrator at Kamoa.

10 MW of new on-site, backup-power generator capacity was recently installed, increasing Kamoa-Kakula's immediate total installed backup capacity to 73 MW. An additional 60 MW is expected to be installed within the coming month, increasing the total backup capacity to 133 MW by the end of July. Peak on-site power demand from Phase 1 and 2 operations is approximately 105 MW. The Phase 3 concentrator adds an additional power requirement of 45 MW, once fully ramped in the third quarter. In addition, the smelter will require a further 75 MW of power once fully ramped up.

No more poor production numbers due to power issues, that's a big checkmark
folks!!!!


 

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