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Oil-Rich Angola Makes First Major Copper Exports

Angola has completed its first major copper exports, marking a key step in the oil-rich nation’s efforts to diversify its economy beyond petroleum. The initial shipment of copper concentrates was exported in January 2026, representing the country’s first significant commercial delivery from a large-scale mining operation, CNBC Africa reported. 

The exports came from the new Tetelo copper mine, part of Angola’s broader strategy to develop critical minerals needed for clean energy technologies, electric vehicles, and advanced infrastructure. The mine, valued at approximately $250 million, is transitioning from open-pit to underground production, with output expected to increase steadily over the coming years, The Voice of Africa highlighted.

Authorities project that Angola will produce around 19,000 tons of copper concentrates in 2026, rising to 23,000 tons in 2027 and potentially reaching 36,000–40,000 tons annually by 2030. EIN News said the milestone highlights the country’s ambitions to play a larger role in Africa’s copper and critical minerals markets.

The shipments also benefit from improved logistics, including the Lobito Atlantic Railway Corridor, which links Angola’s mining regions to the Atlantic port of Lobito. This infrastructure is expected to streamline exports, reduce transport costs, and enhance Angola’s access to global copper markets. 

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