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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. ....

Liaoning Province , Nabeba Sundance , Cheng Jingye , Africa Marc Jourdier , Marise Payne , Observer Research Foundation , International Monetary Fund , African Union , World Bank , Chinese Communist Party , Perth Based Sundance Resources , Equatorial Resources , Core Mining Congo , Times Photo , Getty Images , Sangha Mining , Dalian Port , Congo Government , Road Initiative , Foreign Minister Marise Payne , Chinese Ambassador , பார்வையாளர் ஆராய்ச்சி அடித்தளம் , சர்வதேச பண நிதி , உலகம் வங்கி , சீன கம்யூனிஸ்ட் கட்சி , பெர்த் அடிப்படையிலானது ஸந்‌ட்யாந்ஸ் வளங்கள் ,

Aussie companies stripped of iron ore projects in Africa

Aussie companies stripped of iron ore projects in Africa
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Perth-based Sundance Resources is seeking a multi-billion dollar payout from the Republic of Congo after being stripped of its iron ore mining licence in the central African nation where China is casting a big shadow.
Two other Australian-based companies have also had iron ore mining and exploration rights stripped by the RoC, which then awarded them to a mystery company with no history in the region.
The mystery company has been handed rights to about a billion tonnes of high grade iron ore by the RoC at a time Chinese steel mills are stuck paying high prices for Australian product. ....

John Welborn , Nabeba Sundance , Holdings Mauritius , Sangha Mining , Equatorial Resources , Core Mining , Giulio Casello , Congo Government , Resolute Mining , ஜான் வெல்போர்ன் , ஹோல்டிங்ஸ் மொரீஷியஸ் , சங்க சுரங்க , பூமத்திய ரேகை வளங்கள் , கோர் சுரங்க , காங்கோ அரசு , உறுதியானது சுரங்க ,