Ivanhoe Mines Ltd T.IVN

update AFC financing closing and mention of Lobito Corridor

[cashtango00]

https://www.lobitocorridor.org/post/lobito-corridor-energized-by-150-million-afc-loan-for-kamoa-kakula-expansion

[chintzy]

We still see 600K tonnes/year quoted for 2025 when after de-bottlenecking, Project 95 etc., Phases 1 and 2 should be close to 450K in 2025 so the thinking is only 150-175 tonnes/year for Phase 3? I'd say 625K is the floor and 650-675K quite possible, that's a lot of lbs. Wake up media 600K doesn't reflect what's going on. 2025 to be a blockbuster year for IVN.

[nextime]

so the thinking is only 150-175 tonnes/year for Phase 3? I also so wondered why only 150 to 175 Tonnes/ year out of a larger plant. The Phase 3 concentrator is 30% larger in capacity, compared with the Phase 1 and 2 concentrators. MDA 1st quarter 2024 page 9 Copper in concentrate produced by the Phase 3 concentrator is expected to have a higher cash cost when compared to Phase 1 and Phase 2