Norinco already operates two copper and cobalt mines in southeastern Congo. Gecamines is a mining company that includes a mining complex in Katanga Province (Congo). The complex is mainly used for ...
Oversupply and shifting battery chemistries are set to define the cobalt market in 2025. Prices -subdued by excess supply ...
Cobalt prices started 2024 trading at the US$29,151.50 per metric ton level, the highest price point the battery metal achieved in 2024. By the end of the year prices had contracted by 16.68 percent ...
Congo President Joseph Mobutu last week nationalized the Union Minière du Haut-Katanga, the Belgian company ... of the world’s copper and 60% of its cobalt, running efficiently.
In DRC, the Lobito Corridor links the mining provinces of Tanganyika, Haut-Lomami, Lualaba and Haut-Katanga – home to some of the world’s largest deposits of critical minerals like cobalt and ...