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Glencore Hosts Seventh Annual DRC Conference under the theme: “Securing the Future: From Global Standards to Local Impact.”

posted: 04/11/2025

Kinshasa, Democratic Republic of Congo
04 November 2025

Kinshasa, DRC — On November 4, Glencore DRC was proud to host its seventh annual conference at the Hilton Hotel, Kinshasha. The event gathered institutional partners, stakeholders, and community leaders to review progress, address challenges, and outline the path toward a sustainable mining sector in the Democratic Republic of Congo (DRC).

Glencore has operated in the DRC since 2007, managing two significant copper/cobalt mining operations: Kamoto Copper Company (KCC), a partnership with Gécamines and the DRC state, and Mutanda Mining (MUMI), in which the state holds a 5% interest.

Glencore’s DRC business achieved substantial progress in 2025. MUMI successfully resumed mining operations following a phased ramp-up; whilst KCC invested over $33 million in a new High-Gac processing circuit. Once operational the circuit will increase copper production—a key mineral for the global energy transition.

In line with Glencore’s commitment to safe, reliable production, over the last few years both assets have been recognised by the Responsible Minerals Initiative. KCC and MUMI are also the first mines in Africa to be awarded The Copper Mark against the new Risk Readiness Assessment (RRA) version 3.0. RRA 3.0 became effective in January 2024 and includes more stringent requirements, as well as added criteria on climate change and circular economy, underscoring Glencore’s dedication to responsible copper production.

“Initiatives such as these allow KCC and MUMI to establish themselves as leaders in sustainable mining,” said Mark Davis, CEO, Copper Africa. “This helps enhance the DRC’s reputation among international customers and investors committed to ethical sourcing.”

Special guests at the event were headlined by the presence of H.E. Prime Minister Judith Suminwa Tuluka, who participated in a fireside chat, highlighting the critical role of public-private partnerships in driving meaningful progress. The Prime Minister emphasized the government’s active efforts to foster a business climate that both protects investors and accelerates national development. By prioritizing a win-win approach, her administration is paving the way for sustainable growth and impactful investment.

This year's panel discussion included participation from H.E.M Louis Watum, Minister of Mines, H.E.M Leo Trembley, Ambassador of Switzerland to the DRC, Evariste Kabamba, Associate Director of Corporate Banking at Equity BCDC and Rock Bashala, Business Climate Coordinator who all made important contributions to the discussion on the sustainability of DRC's mining sector.

Other notable attendees included H.E.M Julie, Shiku, Minister of Portfolio as well as Senators and MPs along with members of the Diplomatic corps.

Glencore’s commitment to local empowerment is reflected in its workforce. As of May 2025, MUMI and KCC employ over 8,000 individuals, more than 97% of whom are Congolese nationals and over 8,000 contractors. In 2025, a new graduate programme was launched at KCC and MUMI providing opportunities for more than 50 talented young Congolese to begin their careers in the mining industry.

Local impact is evident in job creation for Congolese youth, investments in schools, improved healthcare, support for local enterprises, and infrastructure projects. Currently, KCC and MUMI are implementing more than 100 social and economic development projects—valued at over $100 million—through their DOT and Cahier de Charges programmes.

The company invests in communities by supporting rural development through the PRO-AC programme in partnership with Equity Bank. Initiatives such as youth summer camps and collaboration with the Fair Cobalt Alliance contribute to child protection and promote responsible mining practices. In 2024 alone, $83 million was spent with Congolese suppliers, fostering job creation and local enterprise.

“Securing the future requires building trust, supporting our communities, and ensuring that Congolese copper and cobalt are sources of national pride,” said Marie Chantal Kaninda, President of Glencore DRC and Chairperson of KCC. “We remain committed to translating global standards into tangible opportunities for the people of the DRC.”

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For further information please contact:

Investors

Martin Fewings

t: +41 41 709 28 80

m: +41 79 737 56 42

martin.fewings@glencore.com

Media

Charles Watenphul

t: +41 41 709 24 62

m: +41 79 904 33 20

charles.watenphul@glencore.com

 

www.glencore.com

Glencore LEI: 2138002658CPO9NBH955

Notes for Editors

Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities that advance everyday life. Through a network of assets, customers and suppliers that spans the globe, we produce, process, recycle, source, market and distribute the commodities that support decarbonisation while meeting the energy needs of today.

With over 150,000 employees and contractors and a strong footprint in over 30 countries in both established and emerging regions for natural resources, our marketing and industrial activities are supported by a global network of more than 50 offices.

Glencore’s customers are industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors. We also provide financing, logistics and other services to producers and consumers of commodities.

Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the International Council on Mining and Metals. We are an active participant in the Extractive Industries Transparency Initiative.

We will support the global effort to achieve the goals of the Paris Agreement through our efforts to decarbonise our own operational footprint. For more information see our 2024-2026 Climate Action Transition Plan, available on our website at glencore.com/publications.

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