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10 Dec

COBALT, COPPER: Angola to privatise key port

Angola is prepared to privatise the Lobito port on the Atlantic Ocean and Benguala railway to reach cobalt and copper in the Democratic Republic of Congo (DRC) and Zambia, Kallanish reports. Copper-rich DRC also has the largest cobalt ore reserves in the world with an estimated 3.6 million tonnes,  almost half of the world’s known reserves, making up nearly 66% of the global cobalt supply in 2020. The Zambian Ministry of Mines estimates 2021 copper ex…
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