China’s CMOC eyes solar and hydro for Congo copper/cobalt expansion

China Molybdenum Co (CMOC) is looking to tap more hydropower projects and potentially use solar energy as it expands its production of copper and cobalt in Democratic Republic of Congo, its vice-chairperson said. Steele Li, who is also chief investment officer at CMOC , said the company was committed to hydropower through the supply arrangement it inherited when it bought a majority stake in the giant Tenke Fungurume mine in Congo in 2016.