Investment Project - The company plans to invest in the KFM Phase II project in the Democratic Republic of Congo, with a total investment of $1.084 billion, which includes engineering costs of $859 million, other expenses of $109 million, and contingency costs of $116 million. The funding will come from internal and self-raised funds [1]. Equity Structure - The company indirectly holds a 71.25% stake in KFM, with the investment entity being KFM Holding Limited, registered in Hong Kong [2]. Construction Plan - The Phase II project will add a raw ore processing capacity of 7.26 million tons per year, expected to yield an average of 100,000 tons of copper metal annually. The construction period is set for 2 years, with production planned to commence in 2027 and a service life of 15 years [2]. Approval Process - The investment requires approval or filing with the National Development and Reform Commission and the Ministry of Commerce [3].