Angola Begins Major Copper Exports from $250 Million Tetelo Mine
Angola's Tetelo copper mine, owned by Shining Star Icarus, shipped its first copper concentrates in January 2026. The mine, which began operations in October 2025, aims to produce 19,000 tons of copper concentrate in its first year and reach steady production of 23,000 tons by 2027, eventually ramping up to 36,000-40,000 tons annually by 2030.
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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.
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