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China Moly commits $2.5 billion to double Tenke Fungurume copper, cobalt output

MINING.COM Editor | August 06, 2021 | 3:49 am Markets Top Companies Africa China Cobalt Copper 

China Molybdenum will invest $2.51 billion to double copper and cobalt production at its giant Tenke Fungurume mine (TFM) in the Democratic Republic of Congo.  The project, expected to be completed and online in 2023, includes building three ore production lines. They are forecast to rise average annual copper output at the...

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