China Moly buys 95% of DRC copper-cobalt mine from

Dec 13, 2020 China Molybdenum Co said on Sunday it had acquired a 95% stake in the Kisanfu copper-cobalt mine in the Democratic Republic of Congo (DRC) from U.S.-based Freeport-McMoRan Inc for $550 million.

CATL takes stake in China Moly cobalt mine for $137.5 mln

Apr 11, 2021 Apr 11, 2021 7:00PM EDT. Chinese battery maker Contemporary Amperex Technology Co Ltd (CATL) said on Sunday its subsidiary would take a stake in China Molybdenum Co's Kisanfu copper-cobalt mine in

China Moly buys 95% of Congo ore project from Freeport

Dec 14, 2020 China Molybdenum (OTCPK:CMCLF) says it acquired a 95% stake in the Kisanfu copper-cobalt ore project in the Democratic Republic of Congo from Freeport McMoRan (NYSE:FCX) for $550M.; China Moly's

CATL TO BUY CHINA MOLYBDENUM CO.’S KISANFU COPPER

Apr 11, 2021 Published On 11 Apr 2021 12:48 PM. CATL to buy China Molybdenum Co.’s Kisanfu copper-cobalt mine. Ningbo Brunp CATL New Energy Co will take 25% in Moly unit KFM Holding Limited. Moly is said to retain 75% of KFM and future production. Kisanfu in the DRC is the world’s biggest cobalt-producing country. On Sunday, Chinese battery maker

China Moly to help BHR acquire stake in Congo's Tenke

Jan 22, 2017 China Molybdenum Co Ltd China Moly to help BHR acquire stake in Congo's Tenke copper mine. By Reuters Staff. 2 Min Read. Excavators and drillers at work in an open pit at Tenke Fungurume, a

CATL takes stake in China Moly cobalt mine for $137.5 mln

Apr 11, 2021 Apr 11, 2021 7:00PM EDT. Chinese battery maker Contemporary Amperex Technology Co Ltd (CATL) said on Sunday its subsidiary would take a stake in China Molybdenum Co's Kisanfu copper-cobalt mine in

China Moly buys 95% of Congo ore project from Freeport

Dec 14, 2020 China Molybdenum (OTCPK:CMCLF) says it acquired a 95% stake in the Kisanfu copper-cobalt ore project in the Democratic Republic of Congo from Freeport McMoRan (NYSE:FCX) for $550M.; China Moly's

CATL TO BUY CHINA MOLYBDENUM CO.’S KISANFU COPPER-COBALT MINE

Apr 11, 2021 Published On 11 Apr 2021 12:48 PM. CATL to buy China Molybdenum Co.’s Kisanfu copper-cobalt mine. Ningbo Brunp CATL New Energy Co will take 25% in Moly unit KFM Holding Limited. Moly is said to retain 75% of KFM and future production. Kisanfu in the DRC is the world’s biggest cobalt-producing country. On Sunday, Chinese battery maker

China Molybdenum to acquire Northparkes mine in Australia

Jul 28, 2013 China Molybdenum has inked a binding agreement with mining major Rio Tinto to acquire an 80% stake in the Northparkes copper-gold mine in Australia for $820m. The Northparkes mine is situated near the remote town of Goonumbla, about 27km north-west of Parkes, a regional centre in central-west New South Wales.

China Moly strikes $550m precious metal deal with Elliott

China Moly strikes $550m precious metal deal with Elliott-backed miner. China Molybdenum Co has sold the rights to future gold and silver production from its Northparkes copper mine

Report: Hunter Biden's Chinese Firm Invested in African

BHR leveraged financial support from China Molybdenum, a Chinese resource company, to purchase a 24 percent stake in Congo’s Tenke Fungurume mine in 2017. The transaction gave China Molybdenum, which was already a majority stakeholder in the Congolese mine, the ‘exclusive right’ to purchase BHR’s stakes in the mine in the future.

CATL to acquire stake in Kisanfu copper-cobalt mine in DRC

Apr 12, 2021 As per the deal, the Chinese battery manufacturer’s subsidiary Ningbo Brunp CATL New Energy will acquire 25% stake in China Molybdenum’s subsidiary KFM Holding. The China Molybdenum subsidiary has a 95% stake in the Kisanfu mine. The remaining 5% stake in the Kisanfu copper-cobalt mine is held by the DRC government.

China Moly ups stake in giant Tenke copper mine to 80%

Jan 18, 2019 China Molybdenum, which bought the giant Tenke Fungurume copper and cobalt mine from Freeport-McMoRan in 2016, is buying a holding company for $1.14 billion that will give it an 80%-stake in

Chinese companies are betting heavily on Democratic

Dec 27, 2020 Chinese mineral mining and exploration giant, China Molybdenum Co. (CMOC), cemented its grip on the DRC’s mining industry after it acquired Arizona-based mining company, Freeport-McMoRan’s

China Molybdenum Wikipedia

China Molybdenum joined the Hang Seng China Enterprise Index from 2007 to 2010. Among its holdings is the Tenke Fungurume Mine in the Democratic Republic of Congo . The mine holds copper,as well as cobalt for lithium-ion batteries .

China Moly buys 95% of DRC copper-cobalt mine from

Dec 13, 2020 China Molybdenum Co said on Sunday it had acquired a 95% stake in the Kisanfu copper-cobalt mine in the Democratic Republic of Congo (DRC) from U.S.-based Freeport-McMoRan Inc for $550 million.

China Moly buys 95% of DRC copper/cobalt mine from

Dec 14, 2020 China Molybdenum said on Sunday it had acquired a 95% stake in the Kisanfu copper/cobalt mine in the Democratic Republic of Congo (DRC) from US-based Freeport-McMoRan Inc for $550-million. The

CATL Pays USD137.5 Million for Stake in China Moly’s

Apr 12, 2021 CATL Pays USD137.5 Million for Stake in China Moly’s Copper, Cobalt Mine in Congo. (Yicai Global) April 12 -- A unit of Contemporary Amperex Technology, a global leader in lithium-ion batteries for electric vehicles, will take a stake in a Congolese copper and cobalt mine of China Molybdenum for USD137.5 million. Shares of both companies gained.

Hunter Biden's Blood Mine Washington Free Beacon

Jan 02, 2020 Neither China Molybdenum nor BHR responded to requests for comments. The area surrounding the Tenke Fungurume mine had more than 10,000 "artisanal" miners who often illegally acquire ores in areas

CATL takes stake in China Moly cobalt mine for $137.5 mln

Apr 11, 2021 Apr 11, 2021 7:00PM EDT. Chinese battery maker Contemporary Amperex Technology Co Ltd (CATL) said on Sunday its subsidiary would take a stake in China Molybdenum Co's Kisanfu copper-cobalt mine in

China Moly buys 95% of DRC copper/cobalt mine from

Dec 14, 2020 China Molybdenum said on Sunday it had acquired a 95% stake in the Kisanfu copper/cobalt mine in the Democratic Republic of Congo (DRC) from US-based Freeport-McMoRan Inc for $550-million. The

CATL takes stake in China Moly cobalt mine for $137.5 mln

Apr 11, 2021 CATL takes stake in China Moly cobalt mine for $137.5 mln. Reuters Sunday April 11, 2021 19:00. (Repeats story filed on April 11 without changes) * CATL unit Ningbo Brunp to take 25% stake in KFM Holding Limited. * Move marks battery maker's latest investment in mineral supply. * Strategic partnership envisages cooperation in nickel, lithium.

CATL Pays USD137.5 Million for Stake in China Moly’s

Apr 12, 2021 CATL Pays USD137.5 Million for Stake in China Moly’s Copper, Cobalt Mine in Congo. (Yicai Global) April 12 -- A unit of Contemporary Amperex Technology, a global leader in lithium-ion batteries for electric vehicles, will take a stake in a Congolese copper and cobalt mine of China Molybdenum for USD137.5 million. Shares of both companies gained.

Report: Hunter Biden's Chinese Firm Invested in African

BHR leveraged financial support from China Molybdenum, a Chinese resource company, to purchase a 24 percent stake in Congo’s Tenke Fungurume mine in 2017. The transaction gave China Molybdenum, which was already a majority stakeholder in the Congolese mine, the ‘exclusive right’ to purchase BHR’s stakes in the mine in the future.

China Moly ups stake in giant Tenke copper mine to 80%

Jan 18, 2019 China Molybdenum, which bought the giant Tenke Fungurume copper and cobalt mine from Freeport-McMoRan in 2016, is buying a holding company for $1.14 billion that will give it an 80%-stake in

CHINA MOLYBDENUM CO. LTD. (CMCLF) Stock Price, News,

RPT-China Moly buys 95% of DRC copper-cobalt mine from Freeport for $550 mln. China Molybdenum Co said on Sunday it had acquired a 95% stake in the Kisanfu copper-cobalt mine in the Democratic

Chinese companies are betting heavily on Democratic

Dec 27, 2020 Chinese mineral mining and exploration giant, China Molybdenum Co. (CMOC), cemented its grip on the DRC’s mining industry after it acquired Arizona-based mining company, Freeport-McMoRan’s

Freeport Selling DRC Mine to China Moly for $2.65 Billion

May 09, 2016 China Molybdenum will acquire Freeport’s indirect 56 percent stake in the Tenke Fungurume mine, which also produces cobalt, via a 70

CATL to acquire stake in Kisanfu copper-cobalt mine in DRC

Apr 12, 2021 CATL to acquire stake in DRC’s Kisanfu copper-cobalt mine in $137m deal. Battery maker Contemporary Amperex Technology (CATL) subsidiary Ningbo Brunp CATL New Energy will be acquiring a stake in the Kisanfu copper-cobalt mine in the Democratic Republic of Congo (DRC) for $137.5m. The Kisanfu mine is estimated to hold 3.1 million tonnes of cobalt.

CMOC Announces Acquisition of Freeport-McMoRan’s Indirect

Nov 17, 2016 CMOC’s key operating assets include Sandaozhuang molybdenum-tungsten mine and facilities located in Luoyang China, niobium and phosphate mines and operation facilities located in Catalao and

5 Ways Hunter Biden's Business Deals Helped China, Hurt U

Oct 09, 2020 China Molybdenum has even bragged about the military applications of its work. In 2017, Bohai Harvest teamed up with China Molybdenum to acquire more than half of Congo’s Tenke copper mine, one

China Moly buys 95% of DRC copper-cobalt mine from U.S

Dec 14, 2020 China Moly acquired a 56-per-cent stake in Tenke Fungurume in 2016 from Freeport, which was looking to cut debt, and at the same time entered negotiations to buy the U.S. miner’s stake in

China Molybdenum Considers Further Expansion, Extension of

Oct 02, 2014 China Molybdenum Co. is seeking to increase the life of its recently acquired Australian copper-and-gold mine, Northparkes, and is considering the acquisition of further foreign mining operations