AVZ 0.00% 78.0¢ avz minerals limited

DRC lifted ban just few days later. Due to relationship between...

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    DRC lifted ban just few days later.

    Due to relationship between DRC and China governments, I expect DRC government is more negotiable to Chinese investments.






    October 11, 2017 / 11:41 PM / a month ago
    Congo lifts ban on raw metal exports by Chinese joint venture

    Reuters Staff


    ABIDJAN (Reuters) - Congo’s government has lifted an order requiring a joint venture of Chinese investors to stop exporting raw copper and cobalt, the mines ministry and the company said on Wednesday.
    Democratic Republic of Congo’s mines minister Martin Kabwelulu last month ordered Sicomines, one of the country’s largest copper producers, to only export processed metals because they command higher values on international markets.


    https://www.reuters.com/article/us-...xports-by-chinese-joint-venture-idUSKBN1CG260
 
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