China continues to expand and entrench its mining operations in Congo Much of this activity is in southeastern Congo (Lualaba province) There the only competition China has is a new (since 2020) state-owned cobalt monopoly, Entreprise Generale du Cobal
China’s economic problems continue to get worse, notably bank failures, unemployment rates and economic growth About a fifth of young (16-34) Chinese seeking work fail to find it That’s twice the rate for other industrialized countries Mo
To comply with the order of a Congo court-appointed administrator, communist China’s China Molybdenum Company (CMOC) has stopped exports from its Tenke Fungurume copper and cobalt mine In 2021 the Tenke Fungurume mine alone produced ten percent of