DRC: Congolese Block Export of Raw Metals to China

Oct 11, 2017 | William Clowes, Business Live
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The Democratic Republic of Congo (DRC) has ordered Sinohydro and China Railway Construction’s local mining venture to stop exporting unprocessed copper and cobalt and to refine all its metals within the country. The venture, called Sicomines, must ship "only high-value products" as the government looked to "ensure the prompt repayment" of the country’s $6bn minerals-for-infrastructure deal with China, Mines Minister Martin Kabwelulu said on October 2 in response to questions.