DRC lifts planned copper sales to US fivefold to 500,000 tonnes
The DRC raised planned copper sales to the United States to 500,000 tonnes, a fivefold increase on its initial commitment, as Gécamines expands its independent trading operation.
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DRC replaces Gécamines chairman and chief executive
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.
Gécamines wins rights to market half of KCC's copper
Gécamines secured rights to market about half of the copper produced at Glencore's Kamoto Copper Company, extending a trading strategy it has used elsewhere in the DRC.
