SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
marcher
To: TobagoJack who wrote (165697)12/17/2020 8:53:24 AM
From: Snowshoe1 Recommendation  Read Replies (3) of 217792
 
re "Was told that one guy in Shanghai controls 1/2 the world cobalt resource"
Someone wants more...

China Moly buys 95% of DRC copper-cobalt mine from Freeport for $550 mln
finance.yahoo.com

Dec 13 (Reuters) - China Molybdenum Co said on Sunday it had acquired a 95% stake in the Kisanfu copper-cobalt mine in the Democratic Republic of Congo (DRC) from U.S.-based Freeport-McMoRan Inc for $550 million.

The Chinese company's takeover of the undeveloped Kisanfu project - discussed as early as 2016 - boosts its reserves in the DRC, the world's top producer of battery metal cobalt, where China Moly already operates the giant Tenke Fungurume mine.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News