After outcry in 2016, China did exactly that. They built the mine and are transferring ownership to a state run congolese mining operation after 9 years. Hopefully it remains a good mine that doesn't exploit child labor.
Also notice how the state run company that China is giving the mine to after 9 years is also being hounded for money issued by an Israli creditor.
Judging by the mine's predicted output (8,000T of cobalt per year) by the end of the 9 years a vast majority of the resources will still be on the ground meaning that the DRC will have a hugely profitable mine under state control for at least another decade. One that they own and aren't leasing from the IMF.
After outcry in 2016, China did exactly that. They built the mine and are transferring ownership to a state run congolese mining operation after 9 years. Hopefully it remains a good mine that doesn't exploit child labor.
Also notice how the state run company that China is giving the mine to after 9 years is also being hounded for money issued by an Israli creditor.
Judging by the mine's predicted output (8,000T of cobalt per year) by the end of the 9 years a vast majority of the resources will still be on the ground meaning that the DRC will have a hugely profitable mine under state control for at least another decade. One that they own and aren't leasing from the IMF.