Reuters reported that Congo’s Gecamines has announced plans to build a $1.5 billion plant to process the output from two copper mines, recently acquired through a with an estimated 5 million tonnes of ore.
As quoted in market report:
Gecamines concluded a deal on Jan. 11 to purchase British Virgin Islands-registered Copperbelt Minerals Limited’s 68 percent stake in the Deziwa and Ecaille C projects in Congo’s mineral-rich Katanga province.
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