CMOC threatens dismissal to end illegal strike at Tenke Fungurume
Workers at CMOC's Tenke Fungurume copper-cobalt mine returned to work after the company threatened dismissal over a strike sparked by a disputed labour agreement.
Workers at CMOC's Tenke Fungurume copper-cobalt mine returned to work after the company threatened dismissal over a strike sparked by a disputed labour agreement.
Chinese copper producers CMOC and Zijin have taken equity stakes in the venture rebuilding TAZARA, the railway linking Zambia's copperbelt to Dar es Salaam, under a $1.24bn, 30-year concession.
An investigation linked pollution and community health risks near CMOC's Tenke Fungurume copper-cobalt mine to cobalt entering the supply chains of major automakers.
DRC president Felix Tshisekedi replaced the chairman and CEO of state mining company Gécamines, which holds stakes in copper and cobalt operations run by Glencore, CMOC and ERG.
The DRC dispatched its first copper shipment to the US under a Gécamines-Mercuria arrangement, marketing metal from the state miner's stake in CMOC's Tenke Fungurume operation.