Chinese company to pay DR Congo state miner $2 billion over cobalt dispute
Chinese mining company CMOC Group has agreed to pay DR Congo partner Gecamines $2 billion over a royalties dispute, according to a stock exchange filing on Tuesday, after legal wrangling between the two sides left a mountain of copper and cobalt in limbo for months in the African country. The CMOC-owned Tenke Fungurume mine was slapped with an export ban from July 2022 to April, after minori