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Home / Metal News / Congo’s Copper Ore, Zinc Ore Output Falls in 2016, SMM Reports

Congo’s Copper Ore, Zinc Ore Output Falls in 2016, SMM Reports

Feb 4, 2017 15:22

Source:SMM

The Central Bank of Democratic Republic of Congo said the country’s output of copper ore, zinc ore and cobalt ore fell in 2016, SMM reported.

SHANGHAI, Feb. 4 (SMM) - The Central Bank of Democratic Republic of Congo said the country’s output of copper ore, zinc ore and cobalt ore fell in 2016, SMM reported.

Copper ore output decreased 5.05% year-on-year to 986,582 tonnes in 2016, while zinc ore production was down 0.12% year-on-year to 12,587 tonnes. Cobalt ore output decreased 7.35% year-on-year to 77,392 tonnes.

China Molybdenum acquired a 56% stake in Freeport’s Tenke copper-coblat mine for $2.65 billion, which is located in Democratic Republic of Congo.

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