DRC: Cobalt to Be Declared a ”Strategic” Mineral in DR Congo

Mar 16, 2018 | Herald
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An advisor to Congolese Prime Minister Jean Nkunza on Wednesday said the Democratic Republic of Congo will declare cobalt and coltan, as “strategic” minerals which will earn the country higher royalties. The natural mineral resources are used in the production of electric vehicle and renewable energy technology. A new mining code was signed into law last Friday by President Joseph Kabila despite opposition by global mining companies with operations in the DRC such as Glencore, Randgold and China Molybdenum.