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Tenke Fungurume Congo

On Friday, the 23rd of August 2019, one of the largest cobalt and copper mine in Congo, Tenke Fungurume SA, owned by China Molybdenum, released its quarterly earnings report which missed an analysts estimate by a wide margin, while the 80 China Molybdenum-owned Tenke Fungurume SA had also sent a letter to its employees saying that the company was operating at a loss.

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