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Congo Republic shipped its first iron ore exports on Friday ahead of an expected boom in production from mines owned by Congolese billionaire Paul Obambi’s Sapro SA and Swiss commodities giant Glencore.
Sapro mined the oil-dependent Central African country’s first iron ore in 2017 from its Mayoko project in the southwest and plans to reach output of 12 million tonnes per year by 2022.
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