News
19 January 2026

Gecamines proposes deal for cobalt producer prized by US

Region:
Middle East & Africa

Congolese state-owned miner Gecamines has proposed acquiring Chemaf for up to $1 million with plans to transfer the majority stake to a new investor as interest in the copper and cobalt producer intensifies. The proposal follows Chemaf’s decision in March to abandon a sale to a Chinese...

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