Tag: Copper-Cobalt mine

For much of the past two years, Chinese mining giant CMOC Group Ltd. has been producing vast quantities of cobalt from its enormous mines in the Democratic Republic of the Congo. The company's producing so much of the blue metal that it ...

Chinese cobalt prices fell about 13% from a peak in May as China’s ongoing COVID lockdowns hit demand for electric vehicles.  The dynamic reveals a gap between the Chinese domestic price for the metal and how that price is calculated globally. The ...

U.S. President Joe Biden's son, Hunter (photo), is once again at the center of a rapidly expanding controversy, this time about the sale of U.S. mining company Freeport-McMoRan's stake in the massive Tenke Fungurume copper and cobalt mine in the DR Congo to the Chinese mining giant China ...