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Angola’s Big Bet on Biden Now Risks Backfiring

Pity poor Angola. President João Lourenço placed a multimillion-dollar bet on hiring expensive Washington, D.C. lobbying firms to put his southern African country on the U.S. agenda. Whatever they did worked because, over the past several years, Angola seemingly became the ...

Even CMOC is Now Worried About the Rock Bottom Price of Cobalt

For much of the past two years, Chinese mining giant CMOC Group Ltd. has been producing vast quantities of cobalt from its enormous mines in the Democratic Republic of the Congo. The company's producing so much of the blue metal that it ...

Chinese Companies Engage in Massive “Forest Looting” in the DR Congo

Two Chinese logging companies are now the largest timber harvesters in the Democratic Republic of the Congo, with concessions sized at more than 3 million hectares. The firms, Wan Peng and Booming Green, are engaged in industrial-scale logging to export raw ...

There’s Only One Reason That Explains Why Chinese Companies Are Pumping Out so Much Cobalt: Politics

Chinese mining giant CMOC Group, or China Molybdenum, announced this week that it reached its full-year cobalt production target three months ahead of schedule. This would probably have been welcomed as good news in an earlier era. But in today's market, when the price of the blue ...

China’s Copper Play in Africa: High Stakes, Riches, and Risks in Congo and Zambia

Editor's Note: The following story is an AI-generated summary of a report by the China Nonferrous Metals Research Institute. The original story was published on the Institute's WeChat page in Chinese. CGSP editors have carefully reviewed the translation and the summary to ensure that it accurately ...

East DR Congo Grapples With Chinese Gold Mining Firms

By Camille LAFFONT Italian priest Davide Marcheselli has been fighting for years against Chinese companies illegally mining gold in the town of Kitutu in the eastern Democratic Republic of Congo. He says mining has spoilt the ...

China’s Role in the DR Congo Cobalt Supply Chain: Who’s Who?

This report serves as a companion piece to CGSP’s Interactive Cobalt Tracker. While the map provides detailed, up-to-date data on the cobalt industry in the Democratic Republic of the Congo, this report offers the broader context needed to understand that data.

Chinese Supply Surge Pushes Cobalt Prices to Lowest Point for the Year

Prices for cobalt, a critical resource used to manufacture electric vehicle batteries, touched an eight year low on Friday before recovering a bit to close at the lowest point in 2024. The market is flooded with the blue metal due to ...

African Leaders Arrive in Beijing Ahead of FOCAC Summit

Leaders from across Africa arrived in Beijing over the weekend ahead of the Forum on China-Africa Cooperation (FOCAC) summit that begins on Wednesday. Chinese officials did not publish an advance list of which leaders would participate in this year's FOCAC, but ...

Chinese Shift in Battery Manufacturing Could Have a Major Impact on Nickel, Cobalt Exporting Countries

China’s nickel-cobalt-manganese (NCM) battery output in June fell 6.8% year-on-year, marking the straight month of declining production. NCM batteries are widely used in electric vehicles in the U.S. and Europe, but less so in China where lithium phosphate (LFP) batteries are ...

China Confirms Citizens Dead, Missing After DR Congo Attack

China confirmed Thursday that an armed attack in the Democratic Republic of Congo (DRC) left several of its citizens dead or missing. Local sources told AFP on Wednesday that a militia attack on a mining site in gold-rich Ituri province killed ...

WEEK IN REVIEW: China in the Sahel | ChatGPT’s take on China-Africa

China somehow managed to get the oil flowing between Niger and Benin this week amid a bitter dispute between the two West African countries that had briefly shut down the pipeline. Eric, Cobus, and Geraud ...
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