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WEEK IN REVIEW: Chinese Mining Giant CMOC Surpassed Swiss Rival Glencore to Become Largest Cobalt Producer in DRC
Chinese mining giant CMOC surpassed its Swiss rival Glencore to become the largest cobalt producer in the DR Congo. The Chinese company boosted production from its Congolese mines in 2023 by 170%. The production surge helped to depress cobalt prices that slumped 30% last year: (BLOOMBERG) ...