Producer

CMOC Group

Copper-cobalt group with majority interests in Tenke Fungurume and Kisanfu.

Sources support the description and the individual connections below. Publication and checking dates refer to the evidence, not a guarantee of current operations.

Documented relationships

Reported means the cited source describes the relationship at its evidence date. Historical relationships refer to an earlier period. Announced agreements may not have been implemented. None of these labels confirms that trade continues today.

  • Reported · Evidence as of 2025

    Owns

    CMOC described IXM as wholly owned in 2022; IXM’s 2025 presentation also identifies it as part of the group.

    2 sources
    1. Delegation of IXM and international banks visit TFM

      CMOC · Published 2022-05-25 · Checked 2026-09-16

      IXM is a leading global metal trader wholly owned by CMOC and is responsible for selling all of TFM's copper and cobalt products.

      Main article paragraph 1; paragraph 4 discusses warehouse traceability and product arrival at IXM.

    2. IXM Corporate Presentation 2025

      IXM · Published 2025 · Checked 2026-09-16

      IXM is part of the CMOC group

      Printed page 6 (PDF page 4), Introduction; pp. 10, 14–18 and 26 describe cobalt trading, geographic footprint, initiatives and logistics.

  • Reported · Evidence as of 2026-09-16

    Owns

    CMOC reports a 71.25% interest in KFM.

    1 source
    1. The DRC: copper and cobalt

      CMOC · Checked 2026-09-16

      CMOC holds an 80% stake in the TFM copper-cobalt mine and a 71.25% stake in the KFM copper-cobalt mine

      Business operations; Copper and cobalt mines in the DRC

  • Reported · Evidence as of 2026-09-16

    Owns

    CMOC reports an 80% interest in TFM.

    1 source
    1. The DRC: copper and cobalt

      CMOC · Checked 2026-09-16

      CMOC holds an 80% stake in the TFM copper-cobalt mine and a 71.25% stake in the KFM copper-cobalt mine

      Business operations; Copper and cobalt mines in the DRC