{"id":18171,"date":"2021-08-15T02:00:16","date_gmt":"2021-08-15T02:00:16","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=18171"},"modified":"2021-08-15T02:00:16","modified_gmt":"2021-08-15T02:00:16","slug":"why-china-is-making-a-big-play-for-congolese-cobalt-and-other-critical-minerals","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=18171","title":{"rendered":"Why China is making a big play for Congolese cobalt \u2013 and other critical minerals"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostThe latest deal came just last week.<\/p>\n<p>Mining giant China Molybdenum Company (CMOC) announced a US$2.51 billion plan to double copper and cobalt production at its massive Tenke Fungurume mine in the Democratic Republic of the Congo.<\/p>\n<p>It came on the back of a US$550 million deal in December for CMOC to buy US miner Freeport-McMoRan\u2019s indirect 95 per cent stake in the Kisanfu copper-cobalt operation \u2013 also in the DRC.<\/p>\n<p>Other Chinese firms like Huayou Cobalt, Chengtun Mining, and state-owned China\u2026<a href=\"https:\/\/www.scmp.com\/news\/china\/diplomacy\/article\/3145065\/why-china-making-big-play-congolese-cobalt-and-other-critical?utm_source=rss_feed\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostThe latest deal came just last week. Mining giant China Molybdenum Company (CMOC) announced a US$2.51 billion plan to double copper and cobalt production&hellip; <\/p>\n","protected":false},"author":0,"featured_media":18172,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/18171"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18171"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/18171\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/18172"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18171"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}