Congo Opens Fraud Inquiry Into Copper and Cobalt
Democratic Republic of Congo launched judicial investigations into mining fraud after seizing over five hundred trucks and thousands of tons of copper and cobalt. Authorities detained more than sixty foreign nationals during the operations.
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Democratic Republic of the Congo ordered judicial investigations into mining fraud after authorities seized more than 500 trucks and thousands of metric tons of Copper and cobalt late Monday morning. The crackdown targets rampant illegal smuggling across the mineral-rich provinces of Lualaba and Haut-Katanga. As the world's leading cobalt producer and second-largest copper producer, the state faces mounting pressure to secure industrial concessions from unauthorized extraction.
