The Chinese company in which Hunter Biden held a stake invested in a Congolese mine that was the site of gross human rights abuses and at least one death.
Among BHR's investments was the largest cobalt and copper mine in the Democratic Republic of Congo, the Tenke Fungurume mine, where the Congolese military in June executed a brutal crackdown on illegal mining viewed as a threat to the mine's bottom line.
The violence came to a head in August, when the military shot a woman dead, according to AFP. BHR finalized the sale of its stake in the mine to another Chinese entity in September, a transaction that netted the firm $1.1 billion.
BHR leveraged financial support from China Molybdenum, a Chinese resource company, to purchase a 24 percent stake in Congo's Tenke Fungurume mine in 2017.
The transaction gave China Molybdenum, which was already a majority stakeholder in the Congolese mine, the "Exclusive right" to purchase BHR's stakes in the mine in the future.
The area surrounding the Tenke Fungurume mine had more than 10,000 "Artisanal" miners who often illegally acquire ores in areas reserved for the Chinese enterprise.
The current situation at the mine is unclear, though previous conflicts in the country have led to violent outbursts requiring international oversight.
https://freebeacon.com/national-security/hunter-bidens-blood-mine/
Among BHR's investments was the largest cobalt and copper mine in the Democratic Republic of Congo, the Tenke Fungurume mine, where the Congolese military in June executed a brutal crackdown on illegal mining viewed as a threat to the mine's bottom line.
The violence came to a head in August, when the military shot a woman dead, according to AFP. BHR finalized the sale of its stake in the mine to another Chinese entity in September, a transaction that netted the firm $1.1 billion.
BHR leveraged financial support from China Molybdenum, a Chinese resource company, to purchase a 24 percent stake in Congo's Tenke Fungurume mine in 2017.
The transaction gave China Molybdenum, which was already a majority stakeholder in the Congolese mine, the "Exclusive right" to purchase BHR's stakes in the mine in the future.
The area surrounding the Tenke Fungurume mine had more than 10,000 "Artisanal" miners who often illegally acquire ores in areas reserved for the Chinese enterprise.
The current situation at the mine is unclear, though previous conflicts in the country have led to violent outbursts requiring international oversight.
https://freebeacon.com/national-security/hunter-bidens-blood-mine/
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