Chinese companies also are expanding in Congo. Last year, China Molybdenum acquired the Tenke Fungurume copper-cobalt mine, south of Glencore’s Mutanda, from Freeport-McMoran Inc. for $2.65 billion. Seven of the 10 largest producers in Congo in 2016 were Chinese owned.
History in the making indeed .
LITHIUM next major export from Manono.
Haplo table may be in good humour but the reality is Manono has the potential for multiple off takes due to its size and quality.
The table could be split in 2 as potential to "farm out" Manono to another miner such as China Molybedenum.
A 10 MTPA plant output is possible within 3 to 5 years ,and a centralised downstream processing plant . TINCI
60% to 70% of world cobalt is From DRC due to cost competitiveness then a new market in lithium supply from DRC is possible.
If lithium can be obtained at a range of 10% to 20% discount to other world producers for long term supply the Chinese will be first at the table.
All Imo
https://www.bloomberg.com/news/arti...-on-one-african-nation-avoiding-chaos-of-past
