{"id":13676,"date":"2024-08-20T16:19:00","date_gmt":"2024-08-20T12:19:00","guid":{"rendered":"https:\/\/gbc1.net\/?p=13676"},"modified":"2025-01-30T16:40:43","modified_gmt":"2025-01-30T12:40:43","slug":"drc-exports-to-us-first-shipment-of-copper-via-lobito-corridor","status":"publish","type":"post","link":"https:\/\/gbc1.net\/index.php\/2024\/08\/20\/drc-exports-to-us-first-shipment-of-copper-via-lobito-corridor\/","title":{"rendered":"DRC Exports to US First Shipment of Copper via Lobito Corridor"},"content":{"rendered":"\n<p>On 19 August 2024, Trafigura Group announced that the first load of <a href=\"https:\/\/gbc1.net\/index.php\/tag\/copper\/\">#copper<\/a> cathodes has been loaded onto a ship at Lobito Port destined for Baltimore. The copper was transported from the Democratic Republic of Congo (DRC) via the <a href=\"https:\/\/gbc1.net\/index.php\/tag\/lobitocorridor\/\">#LobitoCorridor<\/a> and the journey took six days from the Congolese <a href=\"https:\/\/gbc1.net\/index.php\/tag\/copperbelt\/\">#Copperbelt<\/a> to the Atlantic Coast.<\/p>\n\n\n\n<p>Copper is one of the <a href=\"https:\/\/gbc1.net\/index.php\/tag\/criticalminerals\/\">#CriticalMinerals<\/a> which is found in large reserves along the Lobito Corridor spanning Zambia and DRC. Other than Copper, <a href=\"https:\/\/gbc1.net\/index.php\/tag\/cobalt\/\">#Cobalt<\/a> and <a href=\"https:\/\/gbc1.net\/index.php\/tag\/lithium\/\">#Lithium<\/a> may also be shipped along the upgraded railway line.<\/p>\n\n\n\n<p>The copper cargo was loaded onto the MSC SAMU container vessel. Previously, copper was also exported via the <a href=\"https:\/\/gbc1.net\/index.php\/tag\/lobitocorridor\/\">#LobitoCorridor<\/a> to Europe and China, but this particular shipment represents the first to the USA.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img data-dominant-color=\"e2dfdf\" data-has-transparency=\"false\" style=\"--dominant-color: #e2dfdf;\" decoding=\"async\" loading=\"lazy\" width=\"600\" height=\"400\" src=\"https:\/\/gbc1.net\/wp-content\/uploads\/2024\/08\/Lobito-05w-jpg.webp\" alt=\"Lobito Corridor\" class=\"not-transparent wp-image-13683\" srcset=\"https:\/\/gbc1.net\/wp-content\/uploads\/2024\/08\/Lobito-05w-jpg.webp 600w, https:\/\/gbc1.net\/wp-content\/uploads\/2024\/08\/Lobito-05w-300x200.webp 300w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><figcaption class=\"wp-element-caption\">Lobito Corridor<\/figcaption><\/figure><\/div>\n\n\n<p>In 2022, the Lobito Atlantic Railway (LAR) signed a 30-year concession to operate the railway line along the <a href=\"https:\/\/gbc1.net\/index.php\/tag\/lobitocorridor\/\">#LobitoCorridor<\/a>. The LAR is actually a JV among commodity trader <a href=\"http:\/\/www.trafigura.com\" target=\"_blank\" rel=\"noreferrer noopener\">Trafigura<\/a>, EPC<a href=\"http:\/\/www.mota-engil.com\" target=\"_blank\" rel=\"noreferrer noopener\"> Mota-Engil<\/a> and railway operator <a href=\"http:\/\/www.vecturis.com\" target=\"_blank\" rel=\"noreferrer noopener\">Vecturis<\/a>.<\/p>\n\n\n\n<p>The <a href=\"https:\/\/gbc1.net\/index.php\/tag\/lobitocorridor\/\">#LobitoCorridor<\/a> is a flagship project under the US Program for Global Infrastructure and Investment (<a href=\"https:\/\/gbc1.net\/index.php\/tag\/pg2i\/\">#PG2I<\/a>) and EU Global Gateway Initiative (<a href=\"https:\/\/gbc1.net\/index.php\/tag\/ggi\/\">#GGI<\/a>). The railway track links the Lobito Port in Angola to Kolwezi in South DRC, and then extends into Zambian Copperbelt.<\/p>\n\n\n\n<p> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>On 19 August 2024, Trafigura Group announced that the first load of #copper cathodes has been loaded onto a ship<\/p>\n","protected":false},"author":1,"featured_media":13681,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_mi_skip_tracking":false,"_EventAllDay":false,"_EventTimezone":"","_EventStartDate":"","_EventEndDate":"","_EventStartDateUTC":"","_EventEndDateUTC":"","_EventShowMap":false,"_EventShowMapLink":false,"_EventURL":"","_EventCost":"","_EventCostDescription":"","_EventCurrencySymbol":"","_EventCurrencyCode":"","_EventCurrencyPosition":"","_EventDateTimeSeparator":"","_EventTimeRangeSeparator":"","_EventOrganizerID":[],"_EventVenueID":0,"_OrganizerEmail":"","_OrganizerPhone":"","_OrganizerWebsite":"","_VenueAddress":"","_VenueCity":"","_VenueCountry":"","_VenueProvince":"","_VenueZip":"","_VenuePhone":"","_VenueURL":"","_VenueStateProvince":"","_VenueLat":"","_VenueLng":""},"categories":[8],"tags":[503,569,512,147,420,91,369,479],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.12 - 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