The DRC Investment Case
- The DRC’s economy has grown substantially since the early 2000s fuelled mainly by natural resources.
- The DRC is world’s fourth largest producer of copper producing 1.6 million metric tonnes in 2020 and supplies 60% of world’s cobalt.
- It is a leading actor in the provision of new strategic minerals needed for technology, including electronics and rechargeable lithium-ion batteries, which are critical to decarbonise energy and transport.
- A number of large multinationals and listed companies have copper projects in DRC including Glencore which owns two large-scale copper-cobalt mines in the country: Katanga and Mutanda, and TSX listed Ivanhoe Mines’ Kamoa-Kakula mining project.
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