Courtesy of The Africa Report, an article on the impact that the planned Lobito train corridor will have upon mining transport in the region: A key railway line, vital for Congolese mineral exports, receives a $250m investment, improving the link between Kolwezi and Angola’s Lobito port. Erected in the early 20th century and ravaged during […]
Read more »Courtesy of The Financial Times, a look at how China – which already dominates processing of lithium for use in electric vehicle batteries 0 is now investing heavily in mines, leaving western operators scrambling in Africa: The settlement of Uis in a remote part of Namibia seems an unlikely hotspot for a mineral cold war […]
Read more »DR Congo’s state-owned mining company Sakima has signed a $1.9 billion deal with the United Arab Emirates to develop at least four industrial mines in the provinces of South Kivu and Maniema in eastern DRC, the presidency announced Monday. Sakima has mining concessions for tin, tantalum, tungsten, and gold. Last December, the DRC signed a […]
Read more »Courtesy of Inconcreto, a report on Africa’s lithium wealth: The African continent is gaining significant attention as a global hotspot for valuable mineral resources. As the global energy transition gains priority among countries worldwide, the demand for lithium is rising as it has become a critical component needed for battery material production in the rapidly […]
Read more »Via Middle East Monitor, a report on a recent agreement between the DRC and UAE for export rights to locally extracted gold: The government of the Democratic Republic of Congo (DRC) has signed an agreement which gives a company in the UAE exclusive export rights of locally extracted gold for 25 years as well as […]
Read more »Courtesy of Semafor, commentary on how the West could head off the creation of new OPEC-like producer cartels for critical resources such as lithium by inviting mineral-rich Latin American and African nations to join the existing Minerals Security Partnership (MSP): Western countries should head off the creation of new OPEC-like producer cartels for critical resources […]
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