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China Runs Into Congo Hurdle in Race for Cobalt – WSJ

The Chinese entities are facing major challenges after a local court told one of them to give up one of its mines


Cobalt
A file photo of a man carrying bags of copper and cobalt in Congo. Photo: Reuters.

 

Chinese entities have for years splurged on acquiring US and European cobalt mining firms in the Democratic Republic of Congo—a region with significant deposits of a mineral crucial for the shift to green energy, The Wall Street Journal reported.

Of late, the Chinese entities are facing major challenges after a local court ordered one of them to give up one of its mines.

 

Read the full report: The Wall Street Journal.

 

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Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.