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Congo’s state mining group Gecamines said it will push to secure the rights to buy copper and cobalt at mines it has holdings in, as it attempts to build its own stocks and trade the metals.

To do so, Gecamines needs to amend some terms of its joint venture agreements in Democratic Republic of Congo, which is the world’s top supplier of battery-grade cobalt and the third largest copper producer after Peru and Chile.

Read more at: https://www.reuters.com/markets/commodities/congos-gecamines-push-copper-cobalt-trading-share-2023-12-01/