The Democratic Republic of Congo’s government is in “very advanced” talks with BHP Billiton Ltd. on the Inga 3 hydropower project, as the world’s biggest mining company seeks electricity for a possible aluminum smelter.
Congo formally invited offers to build the project on the Congo River yesterday, Energy Minister Gilbert Tshiongo Tshibinkubula wa Tumba said today in Kinshasa, the capital. BHP, studying development of a smelter in the country, is continuing talks with the government on both ventures, which are at an “early conceptual phase,” Rosheeka Amarasekara, a London-based spokeswoman for the company, said by telephone.
See http://www.bloomberg.com/news/2010-10-27/congo-says-talks-with-bhp-on-building-inga-3-very-advanced-.html.