Lubumbashi slag heap: Trafigura wins zinc and Huayou snaps up cobalt
The reopening of the Lubumbashi tailings processing facility has reshuffled the deck of buyers, with Glencore out and Trafigura and Huayou very much in. [...]
The explosion of the electric battery market, of which lithium is a main component, has convinced several companies and governments - Democratic Republic of Congo, Mali, Namibia, Malawi, Zambia - to tap into their potential resources, joining Zimbabwe, the first country to produce lithium on the continent.
The Lecourt family, which has been established on the Rock of Monaco for the last two generations, began in the soap business before going on to build up a profitable agricultural trading business and then a cleaning business of a non-corporal sort, registering companies in Monaco for third parties. [...]