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Africa’s Copper Giants Seek Greater Share in Metal Trading Profits

Summary by AsiaOne News, AsiaOne Latest News, AsiaOne Magazine India |

Africa’s primary copper producers, the Democratic Republic of the Congo (DRC) and Zambia, are aggressively negotiating deals to secure a foothold in metal trading. With demand for copper skyrocketing due to its use in artificial intelligence (AI) and green energy, these countries seek a larger part of trading earnings. For decades, transnational businesses such as Glencore have dominated the metal trade. However, during the last year, Congo and …

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Gulf Africa Review

African Copper Giants Seek Greater Control in Global Trade

Congo and Zambia strategize to capitalize on rising demand for African copper. The Democratic Republic of Congo (DRC) and Zambia, accounting for over 13% of global copper supply and the leading African copper producers, are implementing strategic initiatives to enhance their participation in the lucrative copper trading market. Historically dominated by international trading houses such as Glencore, the copper trade is witnessing a shift as thes…

20 days ago

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