#US pushes for bigger slice of #Congo’s mineral resources
U.S. President Donald Trump is rolling out the red carpet for Congo’s President Félix Tshisekedi this week, positioning the war-ravaged African country as a central pillar in his plan to expand U.S. ownership of critical minerals.
The Democratic Republic of the Congo is a major producer of copper and cobalt – two of the critical minerals that Mr. Trump is targeting for U.S. acquisitions.
A commercial deal to ensure U.S. access to Congo’s mineral resources was attached to the U.S.-led peace process between Congo and Rwanda this year. The agreement is the biggest mineral deal in U.S.-Africa history, Mr. Trump told a prayer-breakfast audience in Washington on Thursday.
China controls an estimated 70 to 80 per cent of copper and cobalt mining in Congo, but Mr. Trump seems determined to break into the sector in a big way.
Read more at: https://www.theglobeandmail.com/business/article-us-pushes-for-bigger-slice-of-congos-mineral-resources/
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