CATL TO BUY CHINA MOLYBDENUM CO.’S KISANFU COPPER-COBALT MINE

Highlights –

• CATL to buy China Molybdenum Co.’s Kisanfu copper-cobalt mine.
• Ningbo Brunp CATL New Energy Co will take 25% in Moly unit KFM Holding Limited.
• Moly is said to retain 75% of KFM and future production.
• Kisanfu in the DRC is the world’s biggest cobalt-producing country.

On Sunday, Chinese battery maker Contemporary Amperex Technolo....