News
US-China rivalry in DR Congo escalates as Beijing signs new deal
2+ hour, 30+ min ago (382+ words) Kinshasa and Beijing inked a new agreement covering geological data sharing, investment protections, and local processing. China is doubling down on DR Congo just as Washington tries to up its own bets on one of the world's most lucrative critical…...
Trump administration announces plans for critical minerals stockpile
1+ mon, 3+ week ago (144+ words) Stocks in US rare earth firms jumped Monday on bets of more government financing for the sector. Trump administration announces plans for critical minerals stockpile The US government is developing a $12 billion critical minerals stockpile in its quest to bolster…...
EU unveils €3B plan to counter China’s rare earths grip
3+ mon, 3+ week ago (141+ words) Both the EU and US have found themselves vulnerable to Beijing's leverage over critical minerals. EU unveils "3B plan to counter China's rare earths grip The European Union announced a new plan on Wednesday to secure critical mineral supplies as countries…...
China, DRC sign new mining deal
5+ hour, 8+ min ago (241+ words) China, DRC sign new mining deal'Semafor China, DRC sign new mining deal China and the Democratic Republic of Congo reached a new mining agreement, as Beijing and Washington jostled for control of Africa's key mineral resources. The US reached its…...
China urges companies to strengthen Zimbabwe compliance
1+ week, 3+ hour ago (285+ words) Beijing's move, which follows Harare's curbs on lithium exports, is an acknowledgement that even its closest African partners can impose abrupt policy shifts. Beijing has urged Chinese companies operating in Zimbabwe to strengthen risk controls and compliance after Harare abruptly…...
Mineral exports curbs across Africa upend Chinese supply chains
2+ week, 2+ hour ago (259+ words) Mineral exports curbs across Africa upend Chinese supply chains'Semafor Mineral exports curbs across Africa upend Chinese supply chains Rising mineral exports curbs across Africa are upending key Chinese supply chains, and as a result sending global commodity prices soaring. Several…...
Zimbabwe’s lithium upgrade still runs through China
2+ week, 3+ day ago (610+ words) Zimbabwe's push to refine lithium at home could reshape both its economy and the global battery supply chain " but it also risks reinforcing China's dominant role in the industry. The project is part of an aggressive beneficiation strategy championed by…...
DR Congo opens first gold refining facility
2+ week, 3+ day ago (143+ words) Governments across Africa have courted foreign investment to help build their manufacturing base, including for mineral and metal refining. DR Congo opens first gold refining facility The Democratic Republic of Congo opened its first gold refining facility, joining other African…...
Chinese mining company blamed for DR Congo health crisis
2+ week, 5+ day ago (234+ words) Residents living near a mine contracted respiratory illnesses following continued exposure to sulfur dioxide gas, a US non-profit found. Expansive mining operations in DR Congo by the world's largest cobalt production company sparked a health crisis in host communities that…...
Ghana introduces new gold royalty system despite opposition
2+ week, 5+ day ago (214+ words) Africa's top gold producer, like governments across the continent, is trying to "capture more value from surging commodity prices. Ghana's gold regulators introduced a new sliding'scale royalty rate that rises in line with bullion prices, despite opposition from China, the…...