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last year put itself up for sale after a slump in the cobalt price left it struggling to finish key projects in the Democratic Republic of Congo, and London-based Horizonte Minerals Plc scaled back work on its Brazilian nickel mine as it searches for funds to complete construction, and announced an emergency USD 20 million financing late last year.
“If we’re honest … the lithium produced in Canada is going to be more expensive. Chinese firms own, operate or finance most of the Democratic Republic of Congo’s cobalt mines, the Labor Department said in a recent report. Last year, a U.S.
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