Tag: DRC
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EV Battery Metals: Chinese Mining Companies Moving Quickly to Close More Lithium Deals in the DR Congo
The Chinese Mining Company Suzhou CATH Energy Technologies closed a $240 million investment with Australia's AVZ Minerals for rights to the Manono lithium mine in the southern DR Congo. The Chinese company now has a 24% stake in the mine that ...
Brace Yourself, You’re Going to be Inundated With Pictures of Chinese Infrastructure in the DRC
Now that the contentious contract disputes between the DRC government and the major Chinese mining companies appear to be settling, at least for now, expect to see a torrent of paid media, tweets, and countless propaganda stories extolling the merits of China's infrastructure-for-resource deals. ...
Was a Chinese Mine in the DR Congo Looted After the President Paid a Visit? The Mining Minister Says No, But Video Says Otherwise
The DR Congo's Mining Minister Antoinette N'samba is trying to quell accusations that the Chinese-owned Anhui Mining Investment Company (SACIM) was ransacked by looters last week after she and President Félix Tshisekedi visited the facility in the central Kasai Oriental province. Soon after ...
The Governor in the Heart of DR Congo’s Mining Belt Wants to Put Aside Differences With the Chinese Company Sicomines
Fyfy Masuka, the powerful interim governor of the DR Congo's cobalt-rich Lualaba province, wants to ease tensions with the Chinese-run mining company Sicomines. Masuka met with Senate Speaker Modeste Bahati Lukwebo and representatives from Sicomines in Kinshasa. The meeting was an effort to try and resolve some of ...
Former U.S. Diplomat Peter Pham Draws China’s Ambassador to the DRC Into a Twitter Feud
Long time Twitter rivals J. Peter Pham, a U.S. diplomat during the Trump administration and a vocal critic of China in Africa, and China's ambassador to the DR Congo, Zhu Jing, squabbled again over the weekend after Pham tagged the ambassador personally in a critical post related ...
Should Chinese Nationals Help Supervise Mining Activities in the DRC? A Military Governor Thinks So, But Kinshasa Says Otherwise
The Vice Minister of Mines in the DR Congo, Godard Motemona, declared that the appointment of three Chinese nationals to help supervise Chinese mining activities in the far eastern province of Ituri is "null and void." The ...
Chinese Community in the DR Congo’s Mining Belt Report More Robberies and Break-In Attempts
Chinese residents and businesses in the southern Congolese mining city of Kolwezi report an increase in armed robberies and attempted break-ins. It's not clear from the accounts on the Lualaba Chinese Chamber of Commerce WeChat channel if the assailants ...
New Contingent of Chinese Blue Helmets Arrive in DR Congo
Nearly one hundred Chinese PLA soldiers operating as UN peacekeepers arrived in the Democratic Republic of the Congo on Friday. None of the troops will be assigned to combat roles and instead will support existing Chinese engineering and medical detachments.
TRANSLATION: Smear Campaigns Against Chinese Mining Companies in the DR Congo
There is growing frustration among Chinese stakeholders over the way that Chinese mining companies in the Democratic Republic of the Congo have been depicted in the ongoing review of foreign mining contracts by the government in Kinshasa. The editors at the Global Mining (世界矿业) WeChat channel summarized ...
This Chart Explains Why DRC President Tshisekedi Wants to Renegotiate Those Chinese Mining Contracts
While DR Congo President Félix Tshisekedi has said that he wants to review foreign (mostly Chinese) mining contracts to ensure they're more equitable, he hasn't provided any specific explanation for why he's choosing to do so now. There are many theories ...
DRC Cabinet Tasked to Deliver Report on Sicomines in Two Weeks
The DR Congo's equivalent of the presidential cabinet, the Council of Ministers, has been tasked to create a commission to investigate “major legal, technical and financial problems observed in the collaboration agreement” of the $6 billion Sicomines deal between Congo's state mining company and a consortium of ...
Ford’s CEO is Unhappy with China and the DRC’s Control Over EV Supply Chain
Ford chief executive Jim Farley said the cost of electric vehicles remains too high, in part because of the cost of importing key raw materials like cobalt from the Democratic Republic of the Congo and relying on batteries made in China. Instead, Farley called for both to ...