Military-Backed Intruders Occupy Huge Cobalt Deposit in Congo

Hosanna Cooperative’s activities on Metalkol’s concession near Kolwezi.Source: Eurasian Resources Group

In the heartland of the Democratic Republic of Congo’s mining industry, one of the world’s top cobalt producers says intruders have taken over a large part of its deposit and are exploiting the site on a near-industrial scale.

Around the city of Kolwezi, the earth holds seams of ore so rich in cobalt and copper that even the waste that’s contaminated the region over a century of mining contains billions of dollars of the metals. A single company holds the lucrative rights to reprocess more than 100 million tons of that waste, known in the industry as tailings.