Tag: DRC
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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. Paluku met ...
TRANSLATION: Chinese Ambassador Zhu Jing Reflects on His First Visit to the Congo’s Strategically Vital Southern Mining Zone
Chinese ambassador to the Democratic Republic of the Congo, Zhu Jing, is back in Kinshasa now after a week-long tour earlier this month to the country's strategically important mining zones in Lualaba and Katanga Provinces. Those two regions are at the heart of a rapidly escalating geopolitical ...
Chinese Cobalt Stakeholders Weigh In on Durban Chaos
The impact of the floods that disrupted operations at South Africa’s Durban harbor is being felt throughout the cobalt supply chain. The Swiss cobalt miner Glencore reacted by declaring force majeure, but so far little has been heard from the Chinese companies that dominate both cobalt mining in ...
With Access to South Africa’s Main Port Still Hampered, The Rush Is on To Build Alternate Trade Routes for DRC Resources
With road and rail access to South Africa's main port in Durban still blocked by the damage from the past week of record floods, there's a new urgency to develop alternate trade routes for the vast quantities of natural resources that flow from the mining belts in the southern DRC ...
Glencore Calls Force Majeure on Cobalt Exports as Durban Flooding Worsens Chinese Shipping Crisis
Glencore, the world’s largest cobalt producer, announced that it can’t fulfill its delivery commitments for cobalt hydroxide out of the Democratic Republic of Congo, due to severe flooding in the South African port city of Durban. The majority of cobalt exports from the DRC depart the continent via Durban. ...
DRC Military Officials Are Learning Chinese
The Congolese Military Language Institute will set up a Confucius Institute classroom to help soldiers in the Democratic Republic of Congo to learn Chinese. This follows a recent announcement that the Sudanese army is also implementing the teaching of Mandarin. This will be the second ...
Lockdowns, Floods in South Africa and China Prompt Massive Disruptions to One of the World’s Most Important Trade Routes
Simultaneous disruptions to the largest ports in China and South Africa are threatening to upend one of the world's most important trade routes. The ongoing lockdowns in Shanghai as part of the city's battle against Omicron have led to a major slowdown ...
Namibia is the Latest African Country That Wants to Build a Railway to the Southern DRC’s Cobalt Mining Zone
Namibia is the latest in a growing number of African countries that wants to become the gateway for Congolese cobalt and other resources. The Namibian transport ministry just completed a feasibility study for a 770km railway that will connect the southern DRC mining hub of Lumbubashi with its port ...
China’s DRC Envoy Makes High-Profile Visit to Cobalt Mining Belt, Sends a Powerful Message to Both Kinshasa and Washington
China's ambassador to the Democratic Republic of the Congo, Zhu Jing, made a high-profile visit over the weekend to one of the country's most important power brokers in the heart of the cobalt mining zone in the southern mining belt in Katanga province. ...
All Smiles as DR Congo’s New Ambassador Takes up Duties in China
François Nkuna Balumuene, the Democratic Republic of Congo’s new ambassador to China, presented his credentials to Hong Lei, the Director-General of the Protocol Department of the Ministry of Foreign Affairs last week. The new ambassador has wasted no time in making courtesy calls to Chinese ...
Angolan Logistics Management Tender Will Increase Chinese Influence
The Angolan government is currently deciding which of two China-linked consortiums will manage a transport link that could significantly speed up shipments of strategic minerals from the Democratic Republic of Congo. The corridor includes the Chinese-built 1,344 km Benguela rail line ...
DRC Opposition Leader Slams Sicomines Deal
While foreign mining companies are benefiting from the Democratic Republic of Congo’s minerals, its people get nothing. So says Adolphe Muzito (photo), the DRC’s former prime minister under Joseph Kabila from 2008 to 2012, and now an opposition politician. “The partnership between DRC and China … my ...