CMOC leapfrogged the Swiss miner as production surged at a new mine in the Democratic Republic of Congo

The Chinese company will also pay at least $1.2 billion in cumulative dividends to Gecamines over the life of the project

Mining giant reports resolution of long-running dispute over royalties that blocked shipments from Tenke Fungurume mine

Investment of $3.7 billion by China’s dominant EV battery producer is part of an industrywide rush to lock in material supplies