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Chinese-Linked Miner in Pole Position for African Iron Ore Project Stripped From Australian, British Firms

Chinese-Linked Miner in Pole Position for African Iron Ore Project Stripped From Australian, British Firms
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Congo Strips Aussie Miners of Iron Ore Projects as Beijing Trade Dispute Widens

Congo Strips Aussie Miners of Iron Ore Projects as Beijing Trade Dispute Widens
Amid the ongoing trade disputes that Beijing has instigated against Australian exporters, the Republic of Congo (ROC) which is heavily indebted to China has stripped three Australian mining firms of major iron ore projects under alleged “unlawful and arbitrary” circumstances.
The move comes as the Chinese Communist Party (CCP) continues to wield considerable influence via debt-trap diplomacy on the African continent.
Two Australian miners, Perth-based Sundance Resources and Equatorial Resources have triggered dispute resolution mechanisms after the ROC government withdrew their mining licenses in violation of its mining laws, handing the projects to a mysterious entity called Sangha Mining. ....

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