Country: Democratic Republic of the Congo
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Trump Returns, But His Africa Policy Remains a Question Mark
The cherry blossoms are beginning to bloom in Washington, D.C., but inside the Beltway, there’s little sign of renewal—only a thick fog of uncertainty. After a brief return to D.C., I found a city still reeling from the shock of the Trump administration’s return to power and ...
China’s CMOC Group Announces Strong Earnings as Market is Split Over DRC’s Cobalt Export Ban
The world's largest cobalt producer, China's CMOC Group, announced record earnings for 2024 with net income jumping 64% to $1.9 billion, well above analyst estimates. These results are particularly impressive given the fact that cobalt prices hovered near record lows last ...
WEEK IN REVIEW: Chinese Mining Disaster in Zambia
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WEEK IN REVIEW: Trump Could Visit China in April, Sources Say
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Uncertainty Roils Minerals Markets
Uncertain economic outlooks for key markets and the erupting trade war are disrupting markets for critical minerals. While prices for some tech-related minerals are spiking as countries scramble to secure supplies, others are slumping. The latter is due to ongoing economic uncertainty in China and Monday’s plunge ...
DR Congo Bets on Cobalt Export Freeze to Halt Price Tumble
By Aymeric Vincenot The Democratic Republic of Congo has temporarily suspended cobalt exports as the world's leading producer hopes to stem falling prices, though analysts warn the freeze is not without risk. The government said ...
Connecting the Dots: DRC Mineral Geopolitics
The Democratic Republic of the Congo is reportedly lobbying the U.S. for greater backing against incursions by the Rwandan-backed M23 militia in return for access to critical minerals. Recent press reports cited a classified letter by Aaron Poynton, an executive appointed by the DRC government to boost ...
WEEK IN REVIEW: DR Congo Halts Cobalt Exports to Boost Prices
Chinese President Xi Jinping told Politburo and State Council officials to remain calm in the face of international and domestic pressure. China “must enhance its political capabilities and calmly respond to challenges brought about by changes in the domestic and international situation,” he was quoted by Xinhua. The ...
Tracking China’s Dominance of the Transition Minerals Trade
U.S. and European leaders often talk about the importance of building China-free supply chains for transition minerals and other critical resources. While, for a lot of people, that may resonate among their constituents at home, the reality is that it's not ...
USAID’s Closure Threatens to Derail U.S. Involvement in the Lobito Corridor
U.S. participation in the Lobito Corridor project that aims to challenge China's dominance of African critical resource supply chains is now in jeopardy due to the Trump administration's decision this month to shut down the U.S. Agency for International Development (USAID). ...
Why Trump’s Decision to Axe the FCPA Isn’t Going to Help U.S. Business as Much as He Thinks
In a bold and undoubtedly controversial move, U.S. President Donald Trump suspended enforcement of the Foreign Corrupt Practices Act (FCPA), a law prohibiting U.S. companies from engaging in bribery abroad. The president framed the decision as a way to boost the competitiveness of U.S. companies—particularly those battling ...