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View all search resultsThe plan will tighten Kinshasa's grip on the world's biggest cobalt producer and second-largest copper supplier, according to an official and seven industry sources, and could be even more significant than the country's policies that reshaped the global cobalt market, some analysts say.
In the dry season, clouds of coal dust billow through the village, settling on rooftops, yards and furniture, forcing residents to clean their homes almost every day. When the rains come, many roads turn into muddy, waterlogged tracks.
Energy minister Bahlil Lahadalia insists that cooperatives and religious will remain eligible for priority mining licenses after the Constitutional Court struck down direct appointments, pledging to introduce new implementing regulations accordingly to ensure transparent vetting.
In a letter earlier this month to President Prabowo Subianto, copied to China’s embassy and seen by Reuters, the China Chamber of Commerce in Indonesia said Chinese firms faced "excessively stringent regulation, over-enforcement", and alleged corruption and extortion by authorities.
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