Dowstone Tech invests in Congo copper project, adjusts incentives

Guangdong Dowstone Technology has announced a significant investment in a cathode copper hydrometallurgy project in the Democratic Republic of Congo (DRC) while simultaneously adjusting its equity incentive plan for a key subsidiary. The company will establish a project operating company, Dowstone Copper Mining, through its Hong Kong subsidiary, Hong Kong Jianna Co., Ltd. This new entity will oversee the construction of a 30,000-ton per year cathode copper plant utilizing hydrometallurgical processes. The total investment is projected not to exceed USD 165 million.