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Democratic Republic of Congo: Expansion of Chinese-Owned Cobalt and Copper Mines in the Lualaba Province

China's Economy

Democratic Republic of Congo: Expansion of Chinese-Owned Cobalt and Copper Mines in the Lualaba Province

Chinese companies control 72% of the cobalt and copper mines in the Democratic Republic of Congo (DRC), a country that produces over 70% of the world's cobalt and approximately 10% of its copper, according to Canadian estimates and foreign relations research councils. [1, 2, 3]