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Angola's Tetelo copper mine, owned by Shining Star Icarus, marked its first major copper concentrate exports in January 2026. The mine, part of a $250 million investment, commenced operations in October 2025.

It plans to produce approximately 19,000 tons of copper concentrate this year, reaching a steady production of 23,000 tons in 2027, and aims for 36,000-40,000 tons per annum by 2030. The concentrates are shipped to offtakers including Glencore. The project will start with open-pit mining and transition to underground operations in late 2026.