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Freeport, Lundin Eye Congo Expansion After Contract Approval
Apr. 21, 2011 10:09AM PST
Battery Metals InvestingBloomberg reported that Freeport’s (NYSE:FCX) and Lundin’s (NYSE:LUN) government contracts in Congo were approved.
Bloomberg reported that Freeport’s (NYSE:FCX) and Lundin’s (NYSE:LUN) government contracts in Congo were approved.
The market news is quoted as saying:
Freeport is considering the construction of a cobalt refinery during the second phase of expansion that would produce metallic cobalt, which could fetch higher prices.
