MMG Ltd. said it suspended operations at its new facility at the Kinsevere mine in December 2024 due to “unfavorable cobalt market conditions.” The government of Congo – which dominates production of ...
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China’s MMG suspends operations at new DRC plant after year-long cobalt slumpMMG suspended its cobalt processing plant at the Kinsevere mine in the Democratic Republic of Congo shortly after its opening.
Cobalt, a key battery metal used in the production of electric vehicles (EVs), is one of the DRC’s major exports. The move ...
CHINA’S MMG has mothballed its cobalt processing plant in the Democratic Republic of Congo amid a slump in the price of the ...
MMG Ltd. said it suspended operations at its new facility at the Kinsevere mine in December 2024 due to “unfavorable cobalt market conditions.” The government of Congo – which dominates ...
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