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Mota-Engil Said to Win Deal for US-Backed Congo Copper Railway
Mota-Engil SGPS SA is set to sign a 30-year concession with the Democratic Republic of Congo to operate a key copper and cobalt railway. This major deal could be potentially backed by up to $1 billion in US financing.
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Adjacent reporting
- Congo Approves a US$1.26 Billion Railway for the Lobito Corridor
- US-backed DRC miner strikes deal to cut debt
- US Firm Building Cobalt Refinery Signs Congo Supply Agreement
- Rails, Cobalt and Rivalry: The African Railway Redrawing the Great-Power Map
- One Old Railway, Two Superpowers, and the Fight for the Metals That Run the Future