9th World Aluminum Raw Materials Summit 2018

17-18 May, 2018
Jinan, Shandong

10th International Rare Earth Summit

10-11 May, 2018
Sanya, China

7th World Magnesium Forum

April 11-13, 2018
Sanya, China

11th World Indium & Germanium & Gallium Forum

22-23 Mar, 2018
Sanya, China

Congo (DRC) officially starts RTR project on receiving prepayment

2017-03-07 11:22:58  【Print】
On January 31, 2017, the Democratic Republic of the Congo received the first prepayment of USD45 million from Eurasian Natural Resources (ENRC) for the project of hydrometallurgical copper smelting.Asian Metal Copyright32% for cobalt and reserves of about 1.Asian Metal Copyright Thus, the project officially started on February 6 with construction commenced.

According to the contract, the construction of the project will last for 24 months with investment of about USD650 million. The project is a continued project with average grade of 1.Asian Metal Copyright Based on mutual benefit and win-win principle, ENRC welcomes China Non-ferrous Metals Processing Technology to become the shareholder of the project in the future.Asian Metal Copyright49% for copper and 0.Asian Metal Copyright Thus, the project officially started on February 6 with construction commenced.Asian Metal Copyright32% for cobalt and reserves of about 1.Asian Metal Copyright Thus, the project officially started on February 6 with construction commenced.Asian Metal Copyright6793 million tons for copper and about 365,700t for cobalt.Asian Metal Copyright Thus, the project officially started on February 6 with construction commenced.Asian Metal Copyright Cobalt reserves of the project ranked among the top positions in the world.Asian Metal Copyright The commencement of the RTR project marks another solid step in deep cooperation between the two companies, which provides far-reaching significance to more comprehensive strategic cooperation of the two parties in the future.Asian Metal Copyright After the completion of Phase I, copper cathode capacity will reach 70,000tpy, cobalt hydroxide for 35,000tpy (cobalt metal for 14,000tpy) and the annual cobalt metal output from in this project accounts for one sixth of the total annual volume in the world.Asian Metal Copyright Based on mutual benefit and win-win principle, ENRC welcomes China Non-ferrous Metals Processing Technology to become the shareholder of the project in the future.Asian Metal Copyright Based on mutual benefit and win-win principle, ENRC welcomes China Non-ferrous Metals Processing Technology to become the shareholder of the project in the future.

The commencement of the RTR project marks another solid step in deep cooperation between the two companies, which provides far-reaching significance to more comprehensive strategic cooperation of the two parties in the future.
.Asian Metal Copyright According to the contract, the construction of the project will last for 24 months with investment of about USD650 million.Asian Metal Copyright

Cobalt Metal

99.8%min In warehouse Baltimore

Unit:USD/lb
China's active cobalt metal producers' number MoM inventory increase statistics by province by month
Unit: pcs