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CATL buys into cobalt mine in D R Congo

Chinese EV battery manufacturer Contemporary Amperex Technology Company Limited (CATL) has signed an agreement with China Molybdenum Company (CMOC) to jointly develop a major cobalt and copper mine in the Democratic Republic of Congo (DRC), the world's largest cobalt-producing country. related to CASE, Components, Service suppliers/supply chain, ....

Zeng Yuqun , Amperex Technology Company Limited , China Molybdenum Company , Contemporary Amperex Technology Company Limited , Democratic Republic , சீனா மாலிப்டினம் நிறுவனம் , ஜனநாயக குடியரசு ,

CMOC, CATL partner to develop major cobalt mine


CMOC, CATL partner to develop major cobalt mine
By Li Fusheng |
chinadaily.com.cn |
Updated: 2021-04-12 10:35
Workers assemble batteries at a production line of CATL, China s largest power battery maker, in Fujian province. [Photo/Xinhua]
China Molybdenum Co, one of the world s largest cobalt producers, has inked a deal with Chinese battery maker CATL to develop a major cobalt and copper mine in the Democratic Republic of Congo.
As part of the deal, CATL would acquire a 25 percent stake through a subsidiary in CMOC unit KFM Holding for $137.5 million, said the cobalt producer in a statement on Sunday.
KFM holds a 95 percent stake in the Kisanfu mine in the DRC, the world s largest cobalt-producing country. ....

Sun Ruiwen , Zeng Yuqun , China Molybdenum Co , Democratic Republic , Cobalt Mine , சீனா மாலிப்டினம் இணை , ஜனநாயக குடியரசு , கோபால்ட் என்னுடையது ,