I personally do not have an issue with the increase in royalties...

  1. 294 Posts.
    lightbulb Created with Sketch. 23
    I personally do not have an issue with the increase in royalties for the DRC
    I believe that some of the African states have been short changed on their royalty incomes for some time now.
    And if they do have 60% of the worlds known Cobalt why should they not get a greater slice of the action!!!
    After all it’s mainly the grabbing Chinese who are moving in on the battery minerals there.
    I notice also that Glencore are making the most noise, Typical of the greedy self- interested Swiss!!!
    And in any case, any increase in price will filter down and dilute as it reaches the end user.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.