Congo’s president wants new exploration for green energy metals
“The goal is to discover new deposits that can be the subject of calls for bids, with a view to concluding mutually profitable public-private partnerships,” Felix Tshisekedi said.
“Though commodities are often seen as an inflation hedge, in this instance – where inflation is neither driven by strong demand growth nor a negative commodity supply shock – they would struggle to live up to that reputation.”
The copper premium, a fee on top of the London Metal Exchange prices charged to buyers, is a demand indicator for the metal widely used in power networks.