Tag: TFm

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Tracking Chinese Mineral Engagement Along the Belt and Road

China’s centrality in the global critical minerals sector is frequently bemoaned in Western capitals, but what’s less understood is how China got there. A new report by AidData, a research center at the College of William and Mary, came out this week and tracks mineral-related deals ...

Mapping the Chinese Cobalt Supply Chain in the DR Congo

The China-Global South Project is proud to announce the first-ever mapping of the Chinese cobalt supply chain in the Democratic Republic of the Congo. ...

[WEEK IN REVIEW] Chinese Hacking in Kenya & DRC President Goes to Beijing

This week CGSP Francophone Africa Editor Geraud Neema joins Eric & Cobus to discuss DR Congo President Félix Tshiskedi's state visit to China which comes at a critical time for the Congolese leader. Tshisekedi is going to pressure his Chinese hosts ...

Why the U.S. Shouldn’t Be Surprised About China’s Close Ties With DRC Mining Companies

U.S. officials in Washington and Kinshasa are apparently disappointed, according to a new investigation by the Paris-based Africa Intelligence, that they’ve failed to dislodge China from its dominance of the Congolese mining industry, particularly in strategically important metals like cobalt.

Update on the Chinese Cobalt Stand-off in the DR Congo

Tensions between Chinese mining China Moly and the Congolese state-owned mining Gécamines appear to be deteriorating further amid an ongoing stand-off over the massive TFM copper and cobalt mine in the southern DRC. Shipments have ...

Analysis from Cobus van Staden

The Pain of Un-Polarity

“THE G2 WILL BE CONVENING SHORTLY!”
This post by U.S. President Donald Trump in the run-up to his meeting with Chinese President Xi Jinping last week may end up leaving a more lasting mark than the actual summit he attended.

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New Details Emerge on China Moly-Gécamines Mining Settlement in the DR Congo

More information is coming to light about Tuesday's surprise announcement that the court case in the DR Congo against Chinese mining major China Molybdenum has been suspended. The Chinese company, also known as CMOC or China Moly, published an ...

China’s Minmetals Doubles Down on DRC Cobalt

The lure of greater access to the DR Congo's vast copper and cobalt reserves is drawing more Chinese mining companies to expand their investments in the country. Mining giant Minmetals Resources on Monday announced a $600 million deal to expand copper and cobalt extraction from its Kinsevere ...

The China Moly Court Ruling in the DRC Shows That Tshisekedi is Still in Charge, Says Mining Expert

The decision by a commercial court in the southern DR Congo city of Lubumbashi to temporarily suspend China Molybdenum's (China Moly) management of the enormous Tenke Fungurume copper and cobalt mine (TFM) is the latest twist in an almost-year battle between the government and ...

The U.S. President’s Son Involved in Controversy About a Chinese Mining Deal in the DR Congo

U.S. President Joe Biden's son, Hunter (photo), is once again at the center of a rapidly expanding controversy, this time about the sale of U.S. mining company Freeport-McMoRan's stake in the massive Tenke Fungurume copper and cobalt mine in the DR Congo to the Chinese mining giant China ...

Biden-Tshisekedi Meet on Sidelines of G20

DR Congo President Félix Tshisekedi met one-on-one with his U.S. counterpart, Joe Biden, on Friday in the run-up to the G20 summit that took place over the weekend in Rome.  There's been a lot of interest in recent months 

Tshisekedi Appears to Be Looking for an Exit to His Prolonged Standoff With Chinese Mining Companies

On Friday DR Congo President Félix Tshisekedi hinted during a meeting of the Council of Ministers (the DRC's cabinet) that he wants to bring an end to the ongoing dispute with Chinese mining companies over unfair contracts. The President 

Chinese Stakeholders in the DR Congo Go On the Offensive in a Bid To Change the Narrative

Chinese mining interests in the DR Congo are now pushing back aggressively against the perception that they are unfairly exploit Congo's natural resources through unfair contracts, avoiding taxes, and not fulfilling corporate social responsibility commitments. The companies, many of which are ...
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