23
Nov
13:19
Trafigura to finance artisanal cobalt mining network in DRC
Singapore-based commodity trader Trafigura is to finance an artisanal mining network in the Democratic Republic of the Congo (DRC), Kallanish reports.
Trafigura has signed an agreement with the DRC's state cobalt buyer, Entreprise Générale du Cobalt (EGC), to fund the creation of strictly-controlled artisanal mining zones and the installation of ore purchasing stations. The company will also assume the costs related to the “transparent…
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