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    cobalt investing

    DRC’s Katanaga Province Mired in Humanitarian Crisis

    Written by Investing News Network
    |
    Mar. 10, 2013 08:29AM PST

    Bloomberg reported that the DRC Katanga province, which is home to a large chunk of the world’s cobalt production, is in the midst of a humanitarian crisis.

    Bloomberg reported that the DRC Katanga province, which is home to a large chunk of the world’s cobalt production, is in the midst of a humanitarian crisis.

    As quoted in the market report:

    Katanga is turning into a province that requires the same amount of attention as the Kivus,” two provinces where nearly 1.8 million people have been displaced amid attacks by armed groups, the report said. “The weak presence of Congolese police and UN peacekeepers does not bode well for a rapid improvement in terms of protection.

    To view the whole Bloomberg report, click here. 

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