part of an agreement over their Sicomines copper and cobalt joint venture in the Democratic Republic

Kazadi said in an interview that the 2007 deal agreed with Chinese state-owned firms Sinohydro Corp and China Railway Group Limited was also being reviewed to ensure it is “ fair ” and “ effective ”.... “ We needed more clarity on the contract, the kind of finance that is behind( the) investment.” He said the reviews were “ not a matter of threatening any investors ” and that the government was conducting the review “ in close partnership with the Chinese themselves ”.... IMF DEAL Kazadi also

Kazadi said in an interview that the 2007 deal agreed with Chinese state-owned firms Sinohydro Corp and China Railway Group Limited was also being reviewed to ensure it is “ fair ” and “ effective ”.... “ We needed more clarity on the contract, the kind of finance that is behind( the) investment.” He said the reviews were “ not a matter of threatening any investors ” and that the government was conducting the review “ in close partnership with the Chinese themselves ”.... “ There is no doubt t

Chris Smith of New Jersey says uses forced labor and exploits children to mine cobalt in the impoverished but resource-rich central African country.... Congo is the world’s largest producer of cobalt, a mineral used to make lithium-ion batteries for electric vehicles, a key pillar of President Joe Biden’s climate plans.... See more about AP’s climate initiative here....