Congo Plans to Build Special Economic Zone for Cobalt Users

  • Country is biggest source of metal used in electric vehicles
  • Government reiterates it won’t accept opposition to mine code
Photographer: Cristobal Olivares/Bloomberg
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The Democratic Republic of Congo plans to establish special economic zones for companies that manufacture goods from the country’s minerals, President Joseph Kabila said.

“There is a need to create special economic zones for the final users of Congolese natural resources,” Kabila said at a conference Wednesday in the southeastern city of Kolwezi. The area will allow producers of electric vehicles, smartphones and other goods to “install themselves in the DRC,” he said.