The DRC’s copper belt has the potential to generate significant tax and foreign exchange earnings, provide jobs and help to improve basic infrastructure.
The DRC, in a move to rebuild its economy, solicited the help of global partners to develop its vast mineral resources. This $593 million project, located in the copper belt of Central Africa, is potentially one of the largest and lowest cost cobalt producer generating 35,000tpa of copper and 7,000tpa of cobalt.
Maximum Sum Insured: $40.3 million