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BEV Initiative: the DRC government and Buenassa company to set up a cobalt and copper refinery in Lualaba | United Nations Economic Commission for Africa - Vimarsana News

BEV Initiative: the DRC government and Buenassa company to set up a cobalt and copper refinery in Lualaba | United Nations Economic Commission for Africa

Kolwezi, May 3, 2024 (ECA) - During the 5th edition of the Katanga Business Meeting (KBM) held in Kolwezi (May 3-4, 2024), Buenassa company announced the receipt of a US$3.5 million from the Government of the Democratic Republic of Congo (DRC). This grant from DRC's Industry Promotion Funds represents the first installment for the financing of the development of Buenassa's

Source: uneca.org
DRC : Buenassa builds ties in US to raise funds for cobalt refinery - Vimarsana News

DRC : Buenassa builds ties in US to raise funds for cobalt refinery

The Congolese company headed by Eddy Kioni and its partner in the project, Delphos investment fund, have met with several US institutions to raise financing for the $350m copper-cobalt smelter

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Cobalt Price Boost? ERG Injects $800 Million into Congo - Vimarsana News

Cobalt Price Boost? ERG Injects $800 Million into Congo

As China's economic influence in Africa wanes, companies like ERG look to shore up cobalt resources and gain control over the cobalt price.

DRC Cobalt Mines Grab Global Spotlight Again - Vimarsana News

DRC Cobalt Mines Grab Global Spotlight Again

The Democratic Republic of Congo (DRC) sees renewed interest in its cobalt and copper mines with major investments, amidst concerns over human rights abuses.

Buenassa plans to build $350m copper-cobalt smelter in Congo - Vimarsana News

Buenassa plans to build $350m copper-cobalt smelter in Congo

Buenassa is planning to build copper-cobalt smelter in the Democratic Republic of Congo, with an investment of $350m.