Congo adds lithium to strategic minerals in higher tax bracket

Geopolitics · Mining.com ·

Congo adds lithium to strategic minerals in higher tax bracket

The Democratic Republic of Congo approved adding lithium, tantalum, niobium, tungsten, uranium and rare earths to its list of strategic minerals, raising their royalty rate to 10% from the usual 3.5%. The decree, passed by the council of ministers, aims to let the country capture more value from its critical mineral wealth. Cobalt, germanium and coltan were already classified as strategic.

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