Chinese mining group MMG has suspended operations at its cobalt processing plant in the Democratic Republic of Congo (DRC) due to weakening demand and lower prices. Cobalt, a key battery metal used in electric vehicles (EVs), is one of the DRC’s major exports. The decision comes just 15 months after MMG launched the plant at...
READ MOREChinese state-controlled miner MMG has placed its Kinsevere cobalt project in the Democratic Republic of Congo on care and maintenance due to unfavorable cobalt market conditions, the company stated in its annual report. MMG had previously approved a mine life extension in 2022, incorporating cobalt into its existing copper production. While the expansion was completed...
READ MOREMining firm MMG Ltd has announced that operations at its Dugald River zinc mine in Queensland, Australia, are expected to resume following the containment of a nearby grassfire. The fire, which approached the perimeter of the site, has been successfully managed, allowing the company to proceed with normal operations later in the day. MMG, which...
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