Chinese cobalt chemicals giant backs Nzuri’s DRC copper/cobalt mine

The world’s largest cobalt chemical producer, Huayou Cobalt, has made a A$10-million strategic investment in Australia-listed Nzuri Copper to advance that company's copper and cobalt projects in the Democratic Republic of Congo (DRC). China’s Huayou, which also has established operations in the DRC, will work closely with Nzuri to bring the Kalongwe copper/cobalt project into production.