Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Most of China's cobalt production, which accounted for 23 % of global output in 2005, and
much of Europe's production, derives from feed materials from the DRC. It is also
estimated that in 2005 75 % to 90 % of China's import of cobalt ores and concentrates came from the DRC. The price of refined cobalt is very volatile and has fluctuated between 8
USD/lb and 26 USD/lb from the beginning of 2000 to April 2004. In mid-January 2006 the
price was around 14 USD/lb (approximately 31.000 USD/metric ton).

Another but unbelievable documented report on the mining in DR Congo from 03/2006 :The State vs. the people - Governance, mining and the transitional regime in the Democratic Republic of Congo.

The struggle of man against tyranny is the struggle of memory against forgetting.(Kundera)

by Elco B (elcob at scarlet dot be) on Wed Aug 9th, 2006 at 10:54:30 AM EST
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