UAE Reaches $1.9bn Deal With Congo For Mining Development In Eastern Congo
The Democratic Republic of Congo (DRC) has reportedly signed a $1.9bn Mining Development Partnership with the United Arab Emirates (UAE) to establish over four industrial mines in the eastern Congo. Led by the country’s State Minister Sheilk Shakhboot Nahyan Al Nahyan, the UAE delegation is composed of several private and public business leaders. Although the press release did not mention which minerals will be mined, the region is known to be rich in gold, tin ore, and tantalum.
Source: https://www.mining-technology.com/news/uae-congo-mining-deal/
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