WEEK IN BRIEF: DRC cobalt mining; Fanya chairman arrested; China base metal imports; Freeport cost cuts; nickel production; UMK reducing staff

Metal Bulletin reviews the key news stories from past five days in the metal markets.

This week, we looked in depth at the allegations made against artisanal cobalt mining in the Democratic Republic of Congo (DRC) by Amnesty International. Here, we looked at the claims made by Amnesty against Zhejiang Huayou Cobalt Co, and Claire Hack considered how existing rulings on so-called conflict minerals might be applied to the situation in the DRC. The OECD is already working to bring on formal reporting from nations that adhere to its mineral supply chain due diligence guidelines. Click here to review all Metal Bulletin’s analysis of the Amnesty report. Staying with the minor metals, Shan Jiuliang, the founder and chairman of the Kunming-based Fanya Metal Exchange, was arrested in December, leaked police documents reveal. James Heywood and Anna Xu had the full story. Base metal prices rallied on...


Charlotte Radford

January 29, 2016

17:27 GMT