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Category: Mining

U.S. Forms Coalition to Break China’s Hold on Critical Mineral Supply Chains

The United States, along with partner countries in North America, Europe, and Asia unveiled a new Mineral Security Partnership (MSP) pact earlier this month that aims to challenge China's control of supply chains for critical resources like cobalt and rare earths.

COVID Lockdowns Hit Cobalt Prices

Chinese cobalt prices fell about 13% from a peak in May as China’s ongoing COVID lockdowns hit demand for electric vehicles.  The dynamic reveals a gap between the Chinese domestic price for the metal and how that price ...

Who is behind China Molybdenum in the Democratic Republic of Congo?

Who exactly is controlling the Democratic Republic of Congo’s Tenke Fungurume Mine (TFM), one of the largest copper and cobalt mines in the world, remains a mystery. Officially, the Chinese mining giant China Molybdenum (CMOC) is in a partnership with the DRC’s state-owned mining company Gécamines ...

Tibor Nagy’s Disingenuous Questioning of Chinese Mining Investments in Africa

Like an inquisitor against a backdrop of anti-Chinese criticism, former U.S. Undersecretary of State for Africa Tibor Nagy posted a tweet questioning China's role in the African mining sector: https://twitter.com/TiborPNagyJr/status/1533171803719450625 ...

New Mining Project in Eritrea Proves Again China Willing to Invest Where Others Dare Not

A new half a billion-dollar mining project in Eritrea reaffirms China's reputation for investing in countries that others find too risky. China's ambassador to Asmara, Cai Ge, led a groundbreaking ceremony last week for new copper, zinc, and ore mine in ...

Analysis from Cobus van Staden

The G7’s New Infrastructure Initiative Could Strengthen China’s Global South Game: Experts

The G7’s new Partnership for Global Infrastructure Investment (PGII), a $600 billion plan to build infrastructure across the Global South and counter China’s Belt and Road Initiative (BRI), could have the effect of improving how Chinese companies do business and could end up improving the BRI itself, according to development experts. 

Some acknowledged that the BRI has been controversial for its environmental and debt impacts. But they also pointed out ...

DRC Industry Minister Meets With Two Key Chinese Players in the EV Battery Business

A meeting last week between a pair of senior Chinese executives and the DR Congo's Industry Minister, Julien Paluku, hints that the government is moving to expand domestic processing of raw materials used to manufacture electric vehicle batteries.

U.S. Under Secretary Underplays New Cold War While Leaning Into Battery Metals Race with China

The United States doesn’t want to force countries to choose between it and China, as long as Chinese investments follow “the highest standards,” according to US Under Secretary for Economic Growth, Energy and the Environment Jose W Fernandez. While he focused on environmental and labor concerns, ...

Lightning Round: U.S. Summits, Huawei and Chinese Mining in the DRC

In this Lightning Round edition of the show, CAP Managing Editor Cobus van Staden and CAP Francophone Editor Geraud Neema break down three of the week's big stories. First, Cobus explains why African leaders would ...

Chinese and Australian Companies Battle For Control of Massive Congolese Lithium Mine

Two mining majors, one from China and the other from Australia, are fighting a pitched battle over a 15% share of the massive Manono lithium mine in the southern Democratic Republic of the Congo. While normally such a small ...

Ghanaian Chief Pleads For Government to Better Protect His Community’s Land From Illegal Chinese Miners

A local chief in southern Ghana convened a press conference over the weekend to issue a public appeal for the government to do more to protect his community's land against illegal Chinese miners. Nana Gyamera Kwabena Yiakwah II claimed that Chinese ...
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