Latest Breaking News On - July bloomberg - Page 9 : comparemela.com

Deal for key metal in EV revolution brought bonanza for newcomer Almost three-quarters of the world’s cobalt comes from Congo. Credit: The Impact Facility A transfer of lucrative cobalt and copper assets by the Democratic Republic of Congo’s state mining company enabled a little-known investor to make $40 million within weeks. The transaction and almost immediate resale of control of the assets to Eurasian Resources Group is the latest deal in Congo to face scrutiny by anti-graft campaigners. Alleged corruption in mining transactions in the central African nation has led to financial sanctions and multiple ongoing investigations by law-enforcement agencies around the world.

France generalCity ofUnited kingdomDonald trumpPatrick klugmanSama lukondeAlan dershowitzMargot mollatHenri thulliezJoseph kabilaElie yohann berrosDan gertlerLondon stock exchangeTreasury office of foreign assetsUs treasury departmentTreasury department