Ivanhoe Mines provides clarification to Reuters’ article announcing the ban of copper and cobalt concentrate exports from the DRC JOHANNESBURG, SOUTH AFRICA - A story was published by British news agency Reuters

August 06, 2026

Ivanhoe Mines provides clarification to Reuters’ article announcing

the ban of copper and cobalt concentrate exports from the DRC

JOHANNESBURG, SOUTH AFRICA - A story was published by British news agency Reuters

today, August 6, 2026, announcing the ban on copper and cobalt concentrates from the

Democratic Republic of the Congo (DRC). Ivanhoe Mines clarifies that a ban on the export of

unbeneficiated concentrate has been in place and enforced in the DRC for close to 10 years.

Since the start of production at Kamoa-Kakula in 2021, multiple derogations were issued to the

complex allowing the export of the operation’s copper concentrates. Currently, copper

concentrate produced by Kamoa-Kakula is smelted at the on-site smelter or at the Lualaba

Copper Smelter, in Kolwezi. In addition, the Kipushi Mine has a derogation in place allowing

the export of the operation’s zinc concentrates.

About Ivanhoe Mines

Ivanhoe Mines is a Canadian mining company focused on advancing its three principal

operations in Southern Africa; the Kamoa-Kakula Copper Complex in the DRC, the ultra-high-

grade Kipushi zinc-copper-germanium-silver mine, also in the DRC; and the tier-one Platreef

platinum-palladium-nickel-rhodium-gold-copper mine in South Africa.

Ivanhoe Mines is exploring for copper in its highly prospective, 54-100% owned exploration

licences in the Western Forelands, covering an area over six times larger than the adjacent

Kamoa-Kakula Copper Complex, including the high-grade discoveries in the Makoko District.

Ivanhoe is also exploring for new sedimentary copper discoveries in new horizons including

Angola, Kazakhstan, and Zambia.

Information contacts

Follow Robert Friedland (@robert_ivanhoe) and Ivanhoe Mines (@IvanhoeMines_) on X.

Investors

Tommy Horton +44 7866 913 207 (London)

Eric Zurmuehle +1 203 451 5834 (New York)

Media

Tanya Todd +1 604 331 9834 (Vancouver)