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Home / Republic of Congo / PIC / Metals & Mining

Metals & Mining

PIC | Special Economic Zone

The Republic of Congo has rich reserves of various minerals, including copper, potash, iron ore, etc. which are currently underutilised. The country has 1 copper cathode unit, and has a lot of room for expansion in this field. The Iron ore reserves are barely utilized, and this represents a huge opportunity for steel and allied industries.

Copper, Potash, Iron Ore

Resources

Untapped Potential: Invest In Metals & Mining Industry in PIC, Congo

The Republic of Congo boasts a rich geological endowment. One under-explored area is the vast rare earth element (REE) potential. REEs are a group of 17 specialized metals crucial for modern technology, from smartphones and electric vehicles to wind turbines and medical devices. Global demand for REEs is surging, and the Republic of Congo is estimated to hold significant deposits of these valuable elements, particularly neodymium and praseodymium. Developing this sector could position the Republic of Congo as a key player in the global supply chain, attracting investment and fostering economic diversification.

Furthermore, the Republic of Congo's existing mining activity, particularly in gold and base metals like lead and zinc, presents opportunities for expansion and value addition. Currently, a significant portion of the mining sector operates informally. Formalization efforts, coupled with investments in modern mining technologies and processing facilities, could unlock greater efficiency, environmental sustainability, and profitability. This would not only benefit the government through increased tax revenue but also create new employment opportunities and contribute to the overall development of the mining sector. By harnessing these untapped riches, the Republic of Congo can forge a path towards a more prosperous and resource-secure future.