Trafigura joins Kamoa-Kakula to became first customers of Lobito Atlantic Railway

Trafigura and Kamoa-Kakula have signed long-term commitments to transport minerals via the Lobito Atlantic Railway for a minimum of six years, marking the first commercial commitments to the new import-export trade route between the African Copperbelt and Angola’s Atlantic coast.

The terms of the Reserved Capacity Agreements were signed during the Mining Indaba in Cape Town, South Africa.

Lobito Atlantic Railway is set to increase its annual export capacity to one million tonnes by the end of the decade, with Trafigura’s allocation increasing to 450,000 tonnes tons in 2025.

The Kamoa-Kakula copper complex, a joint venture between Ivanhoe Mines and Zijin Mining, has been allocated a minimum capacity of 120,000 tonnes and up to 240,000 tonnes per annum of copper products from 2025, with an initial commitment of 10,000 tonnes in 2024.

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