COB cobalt blue holdings limited

Congo mining dispute., page-13

  1. 10,449 Posts.
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    A dispute over one of the biggest copper and cobalt mines is escalating in the Democratic Republic of Congo, threatening to disrupt exports of essential battery materials and raising questions about the project’s future.A top executive from state mining company Gecamines said that partner CMOC Group Ltd. owes $7.6 billion in overdue payments, and even accused the Chinese metals producer and trader of posing a threat to national security. CMOC said it denies the allegations, “strongly” opposes what it views as unjustified attacks, and will defend its rights and interests. QUOTE
    COB is on track to provide secure ethical primary cobalt right at the time when the global market demands are crucial IMO.

    https://www.mining.com/web/one-of-worlds-biggest-cobalt-mines-is-at-stake-in-congo-fight/

 
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