Article: Chinas' MCC to develop copper and cobalt deposit in Democratic Republic of Congo.

Chinas' MCC to develop copper and cobalt deposit in Democratic Republic of Congo

Shanghai. November 9. INTERFAX-CHINA - The China Metallurgical Construction Group (MCC), the country's largest subcontractor for overseas construction projects, signed a framework agreement last week to develop a copper-cobalt deposit in Africa, according to a statement from MCC.

The MCC signed the framework with Gecamines Corp. (GEC), a leading mining company in the Democratic Republic of Congo, on November 3 to cooperate on developing one of GEC's Kov copper-cobalt mine, the MCC announced Monday.

The MCC did not disclose any more details about the deal.

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