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Why This Photo May Indicate That China’s Mining Contracts Problem in the DR Congo Has Been Resolved

DR Congo President Félix Tshisekedi meeting with China Molybdenum President Sun Ruiwen in Kinshasa. Image via the DRC Presidency.

DR Congo President Félix Tshisekedi’s office published a photo of a Christmas Eve meeting with Sun Ruiwen, president of China Molybdenum (aka “China Moly.”) The company controls the massive Tenke Fungurume cobalt and copper mine (TFM) in Lualaba province.

Sun reportedly reassured President Tshisekedi that China Moly will fulfill its contractual obligations to build infrastructure, pay its required taxes and increase local hiring. The President conveyed to Sun that he hopes the company will continue to invest in the DRC.

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