Africa: CMOC Achieves Record Results in First Nine Months of 2025 with 72.61% Net Profit Growth

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CMOC reported record financial results for the first nine months of 2025, achieving a net profit growth of 72.61% year-on-year to $1.998 billion with operating revenue reaching $20.36 billion. The company's robust performance was driven by strong output from its mines in the Democratic Republic of Congo (DRC), particularly TFM and KFM, where copper production increased by 14.14% year-on-year to 543,376 tonnes. CMOC also exceeded planned targets for several key minerals including cobalt, molybdenum, tungsten, niobium, and phosphate fertilizer. Additionally, the company's cost reduction initiatives led to a 10.94% decrease in total operating costs year-on-year.
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