MMG Ltd. said it suspended operations at its new facility at the Kinsevere mine in December 2024 due to “unfavorable cobalt market conditions.” The government of Congo – which dominates production of ...
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GlobalData on MSNChina’s MMG suspends operations at new DRC plant after year-long cobalt slumpChinese state-controlled mining company MMG suspended its cobalt processing plant at the Kinsevere mine in the Democratic Republic of Congo (DRC) shortly after its opening due to a price slump and a ...
While MMG started commissioning the cobalt plant in September 2023, the facility was placed in so-called care and maintenance at the end of last year, the company said when reporting annual results on ...
MMG Lsaid it suspended operations at its new facility at the Kinsevere mine in December 2024 due to “unfavorable cobalt market conditions.” The government of Congo – which dominates ...
Asian stocks fell sharply on Tuesday as a market selloff extended on mounting worries that a wide-ranging trade war could dent U.S. economic growth and lead to a recession, sending skittish investors ...
Cobalt, a key battery metal used in the production of electric vehicles (EVs), is one of the DRC’s major exports. The move ...
This summary is reviewed by TRD Staff. MMG Equity Partners received approval for a 38-unit townhouse project with retail in West Kendall, a change from its previous plan for apartments.
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