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CMOC doubles down in DRC with second Freeport deal

CMOC grows presence in DRC

Tom Hoskyns
CMOC has agreed to buy Freeport-McMoran's stake in the Kisanfu copper and cobalt project in the DRC

CMOC has agreed to buy Freeport-McMoran's stake in the Kisanfu copper and cobalt project in the DRC

The pair first entered into negotiations in 2016 following CMOC's $2.65 billion purchase of Freeport's stake in the Tenke Fungurume copper-cobalt mine, located 33km north east of Kisanfu. At that time...

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