Gécamines and Mercuria Partner to Enhance Copper and Cobalt Trading in DRC
Gécamines SA, a mining company owned by the Democratic Republic of Congo (DRC), has partnered with Mercuria Energy Trading to improve the marketing of copper, cobalt, and other critical minerals from the DRC. This collaboration aims to enhance transparency, market access, and value creation within the DRC's mining sector. The partnership, established under a memorandum of understanding, seeks to optimize Gécamines' copper and cobalt production revenues by ensuring transparent and competitive trading terms. The United States' International Development Finance Corporation (DFC) has expressed interest in taking a strategic financial stake in this partnership, highlighting its alignment with global development goals and the strengthening of resilient supply chains for critical minerals.