How Congo faced down some of the world’s biggest mining firms
The changes to the mining code in Congo, which supplies some 60 percent of the world's cobalt, could have repercussions for consumers around the world.
The mining corridor is used by MMG’s Las Bambas, Glencore’s Antapaccay and Hudbay Minerals’ Constancia to transport semi-processed copper to a seaport.
Either inventory rebuilds over the seasonal summer soft spot for northern hemisphere demand, or the market is going to have to rethink just how much copper is really out there, writes Andy Homes.