Mercuria Energy Group Ltd. and Glencore Plc renewed a deal to buy copper from the Democratic Republic of Congo’s state miner, ...
Rivalry for critical minerals is intensifying, but observer says US ‘doesn’t offer viable alternative’ to Chinese investments ...
The two trading houses successfully bid to buy copper from the giant Tenke Fungurume mine, which is majority-owned by China’s CMOC Group Ltd., according to people familiar with the matter.
The DRC seeks to offer key minerals to the U.S., but rebel forces and China largely control access to these vital rare earth ...
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Stockhead on MSNHigh Voltage: Congo’s cobalt cuts cause price spike as China scrambles for supplyA DRC cobalt export ban may only impact prices in the short term, but could point to a broader price control strategy to come ...
General view on a pit of the Tenke Fungurume industrial mine, one of the world's largest copper-cobalt mines, in Lualaba province, Democratic Republic of Congo, June 17, 2023. (Photo by Arlette ...
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The Print on MSNHow China has been playing the long game, quietly building its global reserves in critical mineralsReport by AidData, a research lab at US's College of William and Mary, shows China has financed forays into a number of ...
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The Daily Monitor on MSNUS open to minerals partnerships with Democratic Republic of CongoThe United States is open to exploring critical minerals partnerships with Congo, the State Department said in a statement to Reuters on Sunday, after a Congolese senator contacted U.S. officials to ...
The mineral deal talks are taking place at a time when the political situation in the country is increasingly fragile. Tshisekedi’s hold on power has looked shakier in recent weeks as his political ...
A view of processing facilities at Tenke Fungurume, a copper and cobalt mine 110 km (68 miles) northwest of Lubumbashi in Congo’s copper-producing south. Picture taken January 29, 2013.
CMOC, the world's biggest cobalt miner, more than doubled cobalt output last year to about 114,000 metric tons as it ramped up copper output at its Tenke Fungurume and Kisanfu mines in Congo. CMOC's ...
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