The federal government of the Autonomous Republic of Congo is opposed to a proposition by Chemaf SA to market its copper and cobalt mines in the nation to China’s Norin Mining, according to a paper seen by Reuters. Chemaf, a veteran companion of products investor Trafigura, claimed in June it had actually consented to market its mines in Congo to the system of Chinese state-backed protection and commercial titan, China North Industries Corp (Norinco).
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