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Truckers Strike Paralyzes Chinese Copper/Cobalt Shipments From the DR Congo

Truckers in the DR Congo have brought the all-important copper and cobalt trade to a standstill over their refusal to drive unless logistics firms pay an additional $700 risk allowance fee.

The strike that began late last month has now crippled shipments from many of the world’s largest mines, including the Sino-Canadian joint venture at Kamoa Kakula, China Moly’s Tenke Fungurume mine and the Sino-Congolese venture Sicomines’ Mashamba West mine.

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