DR Congo and Zambia Seek Profits in Copper Trading Amid Demand Surge
With the approach of the Mining Indaba Conference, Africa’s largest copper production country’s Congo Democratic Republic and Zambia are working hard to ensure trading so that they can profit from metal trade. They jointly provided more than 13 % of global copper, and demand continued to grow, which is related to artificial intelligence and clean energy. They hope to maximize their market share. The state -owned Gecamines of the Congo is about to reach an agreement with GLENCORE, which is a trade copper from Kamoto Copper Company. The driving force for greater control of copper resources is expected to be a key issue at the meeting, emphasizing the tension between national interests and international investors.
source: Reuters
