Chinese interests now own 15 of the 17 cobalt operations in the DRC. The five biggest Chinese mining companies with cobalt and copper interests in the country can draw on lines of credit with Chinese state banks totalling an extraordinary US$124 billion.
The CCP are playing you. AVZ are screwed, sorry. Bribes are what gets results and Australian companies are bound whereas The CCP do whatever they want. The CCP have made their move and are going to pour billions into the lithium Congo too in orfer to extract those resources. AVZ are victims of this.
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