Follow CGSP on Social Media

Listen to the CGSP Podcast

A Billion Dollar Copper/Cobalt Mine is Up For Grabs in the DR Congo, Providing Rare Opening For the U.S. to Get in the Market

Aerial view of Chemaf Resources' copper/cobalt processing plant in the southeastern Congolese city of Lumbubashi. Image via Chemaf Resources.

For the first time in seven years, the United States can re-enter the all-important critical resources mining sector in the Democratic Republic of the Congo, where China is the dominant actor.

The persistently low price of cobalt, a metal used to manufacture electric vehicle batteries, claimed another casualty when Dubai-based Chemaf Resources announced it plans to sell its mining assets in the Congolese copper/cobalt belt.

  • Get a daily email packed with the latest China-Africa news and analysis.
  • Read exclusive insights on the key trends shaping China-Africa relations.
  • Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South.

China, Africa and the Global South... find out what’s happening.

Subscribe today for unlimited access.

What is The China-Global South Project?

Independent

The China-Global South Project is passionately independent, non-partisan and does not advocate for any country, company or culture.

News

A carefully curated selection of the day’s most important China-Global South stories. Updated 24 hours a day by human editors. No bots, no algorithms.

Analysis

Diverse, often unconventional insights from scholars, analysts, journalists and a variety of stakeholders in the China-Global South discourse.

Networking

A unique professional network of China-Africa scholars, analysts, journalists and other practioners from around the world.