Katanga Mining Limited (KAT)

[Dr_Vonschellan]

How_China crawled_up DRC's_ass and_built a_nice fully-furnished luxury-condo
complete with full-time butlers/maids and 24 hour concierge service.
https://foreignpolicymag.files.wordpress.com/2019/04/mining-the-future-fp-may-2019-1.pdf
as prepared by FP Analytics, the research division of the FP Group.

From Page 4
By targeting debt-stressed mining companies already established in the DRC, China’s SOEs and private firms have secured equity shares and influence over a majority of its mines, including majority stakes in the Tenke Fungurume mine, which holds one of the world’s largest, highest-grade deposits of copper and cobalt. China Molybdenum bought the majority stake (56 percent) from U.S. company Freeport-MacMoRan in 2016, and recently bought an additional 24 percent stake from Chinese private-equity firm BHR Partners. Over time, China has secured ownership over 10 out of the DRC’s 18 major operational mines, six major development projects, and a three-year off-take deal from the DRC’s (and the world’s) largest cobalt mine, effectively establishing influence over 52 percent of the country’s production

This May 2019 document might be the most comprehensive & clear analytical report/summary we have ever read on WTF happened to the most promising mineral/rare-earth elements nations in the world when China effectively and masterfully clawed their way up these nations' colons to set up shop permanently.

The Doctor