Tag: Cobalt
Trump’s reaffirmed support for $4bn Lobito Corridor project offers clues to his Africa policy
The Trump administration has reaffirmed its commitment to the $4 billion Lobito Corridor rail project in Africa, aiming to strengthen United States-Africa economic ties while ... Read More
‘Congo is not for sale’: activists call for new review of China mining deal citing ‘major losses’
Civil society groups in the Democratic Republic of Congo (DRC) are calling for a fresh review of the country's mining agreement with Chinese companies, citing ... Read More
Cobalt prices increase following DRC’s export ban
Prices of cobalt, a key mineral for energy transition, began to rise following an export ban by the Democratic Republic of the Congo to balance ... Read More
DRC eyes Ukraine-style minerals-for-security deal with U.S. to counter rebels, China’s influence
The Democratic Republic of Congo (DRC) and the United States are engaged in preliminary talks over a potential minerals-for-security agreement, which could reshape global supply ... Read More
US de-risking plans challenged by China’s control of critical minerals in Africa — study
The United States' ambitions to de-risk its critical minerals from China’s supply chains may be complicated by Chinese control of cobalt and other resources from ... Read More
Moroccan miner Managem lowers cobalt production due to plummeting prices
Managem, a Moroccan mining company, said it lowered cobalt production at its Bou Azzer mine due to falling prices, as it reports a drop in ... Read More
US ramps up efforts to access Africa’s critical minerals to counter China’s dominance
Africa will play a "huge role" in America’s critical mineral strategy, says US Deputy Treasury Secretary Wally Adeyemo who used his five-day trip to South ... Read More
Military top commander before martial Court in DRC
The martial Court of the Democratic Republic of Congo is set to judge the commander of the 22nd military region of the Central African country ... Read More
DR Congo, UAE sign $1.9bln mining deal
The Democratic Republic of Congo (DRC) and the United Arab Emirates (UAE) have signed a mining deal worth $1.9 billion for which the Gulf country ... Read More
Namibia bans export of unprocessed vital minerals used in clean energy technologies
Namibia’s government has banned the export of unprocessed lithium and other critical minerals to capitalize on the growing global demand for metals used in clean ... Read More