https://www.miningweekly.com
Africa|Building|Construction|Copper|Export|Mining
Africa|Building|Construction|Copper|Export|Mining
africa|building|construction|copper|export|mining

Congo allows copper and cobalt exports for miners with waivers

28th May 2021

By: Reuters

  

Font size: - +

Democratic Republic of Congo has authorised exports of copper and cobalt concentrate for mining companies that hold waivers, customs documents showed, after the country appeared to issue a blanket ban on them.

Bernard Bosele Pilipili, Haut-Katanga provincial director for customs and excise, on Wednesday banned the export of copper and cobalt concentrates, but on Thursday said companies that have waivers from the mines minister would be allowed to export concentrate.

Congo - the world's top producer of cobalt and Africa's biggest copper producer - has banned exports of copper and cobalt concentrate since 2013 to encourage domestic processing, but it has issued regular waivers to the ban.

"There is still the issue of an electricity deficit, which prevents mining companies from building processing facilities," Haut-Katanga Governor Jacques Kyabula Katwe said on Friday.

"It's better to let them [mining companies] work, but that they show us their plans for increasing smelting capacity."

Ivanhoe Mines, whose Kamoa-Kakula mine in Congo's Lualaba province produced its first copper concentrate on Wednesday, said it has filed an application and is in talks with the mines minister to obtain a waiver.

Ivanhoe Mines president Marna Cloete said the company will utilise local smelter capacity as much as possible, and is assessing the construction of a smelting complex at Kamoa-Kakula to produce blister and anode copper. 

Edited by Reuters

Comments

Showroom

Aqs image
AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

VISIT SHOWROOM 
Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

PGMs and green hydrogen make headlines
PGMs and green hydrogen make headlines
19th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.286 0.32s - 89pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: