Ivanhoe Sells New Zinc Mine’s Output to Trafigura, China’s Citic

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Ivanhoe Mines Ltd. will sell the zinc it produces from a large new mine in the Democratic Republic of Congo to Trafigura Group and China’s Citic Metal Co.

The Kipushi zinc mine produced its first concentrate on June 14, Ivanhoe saidBloomberg Terminal Tuesday. The operation is set to be one of the world’s largest zinc mines, with output projected to range between 100,000 and 140,000 tons this year.