AVZ avz minerals limited

China leads in the mining and infrastructure sectorsChina’s...

  1. 13,394 Posts.
    lightbulb Created with Sketch. 1254

    China leads in the mining and infrastructure sectorsChina’s investments in DRC focus on the mining sector, with major stakes in the cobalt and copper industries. The engagement stems from the 2008 Sicomines joint venture between Chinese companies (Sinohydro and China Railway Engineering Corporation) and the Congolese government.
    The venture is the foundation of the Congo-China cooperation. Originally valued at $9 billion, the deal is a minerals-for-infrastructure barter. After pushback from the World Bank, the International Monetary Fund, and Congolese civil society organizations, the deal was renegotiated to $6 billion in 2009.

    In exchange for mining rights, China has financed infrastructure projects, including roads and hospitals. In 2024, Chinese infrastructure investment commitments were valued at $7 billion. Today, China is the largest investor in the country.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.