The mining royalty liquidated at the end of August 2021 estimated at 1.093 billion USD for copper and cobalt - DRC 1Cobalt Copper Mining in DRC 

The mining royalty liquidated at the end of August 2021 estimated at 1.093 billion USD for copper and cobalt – DRC

According to data from the Ministry of Mines, the mining royalty, recorded and liquidated, in the two provinces of Katanga, Lualaba and Haut-Katanga, with regard to copper and cobalt, is estimated at 647,208,290.68 USD for the first half of 2021 and 446,072,091.31 USD for the months of July and August 2021, for a total of 1 billion 93,283 USD.

Among the mining companies the largest providers of this mining royalty, there is TFM with 517 million USD 724,640; KCC with 173 million USD 442,832; or METALKOL with 85 million 872,084 USD.

These three companies alone paid a total of 775 million USD, or three quarters of the mining royalty collected on the sixty mining companies engaged in the production of copper and cobalt in Lualaba and Haut-Katanga.

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