China State Firm Discusses Major New Copper Mine in Congo
Congo’s copper output has more than tripled over the last decade.
Photographer: Cristobal Olivares/BloombergA Chinese state-owned company is proposing to develop what could become one of the world’s biggest copper mines in the Democratic Republic of Congo.
A unit of China Railway Group Ltd., known as CREC, met with Congolese Mines Minister Louis Watum on Thursday to discuss the project that’s anticipated to produce between 200,000 and 500,000 tons of copper a year, according to statements published by the ministry.