Tag Archives: drc

#US Seeks #Congo #CriticalMinerals Influence Through Peace and Investment Partnership

World map highlighting critical minerals and their locations, including lithium, cobalt, and rare earth elements in various countries.

The U.S. hopes through the minerals partnership to convert peace and investment deals with Congo into influence over the ​country’s critical-minerals supply chain.

The U.S. has stepped up efforts to secure critical mineral supplies globally for a strategic metals ​stockpile as it seeks to reduce reliance on China and counter China’s dominance in Africa.

The U.S. ⁠is in the process of soliciting private sector feedback on the list of assets, the official told Reuters on Friday.

“We have ​significant interest, yes,” the official said, but declined to name the companies, saying “the conversations are still forming.”

Reuters

#DRC – #Kinshasa on verge of winning its bet on the #Cobalt market

Illustration of the Democratic Republic of the Congo highlighted on a map of Africa, featuring a mining scene with a mineral processing plant and various minerals like cobalt, copper, coltan, and lithium. The country's flag is prominently displayed.

Fully focused on its goal of regulating the precious mineral sector, Félix Tshisekedi’s presidency expects significant fiscal returns this year. The authorities, however, have had to contend with pressure from Chinese operators eager to obtain larger quotas, as well as the reluctance of certain administrations.

Read more at: https://www.africaintelligence.com/central-africa/2026/04/07/kinshasa-on-verge-of-winning-its-bet-on-the-cobalt-market,110698845-eve

Under the presidency of Félix Tshisekedi, the Democratic Republic of Congo (DRC) is aggressively reshaping its role in the global mineral market, specifically targeting the cobalt and gold sectors to maximize state revenue and economic sovereignty. 

Fiscal Returns and Strategic Control 

For 2026, the Congolese Treasury has set ambitious financial targets tied to its newfound status as a market “price maker”. 

  • Projected Revenue: The government expects roughly $2.3 billion in public revenue this year from cobalt alone.
  • Market Influence: By implementing a strict quota system (capped at 96,600 tonnes for 2026), Kinshasa successfully pushed prices from $21,000 in early 2025 to over $56,000 as of April 2026.
  • Alternative Scenario: Authorities estimate that without these regulatory interventions, revenues would have been limited to approximately $617 million

Friction with Chinese Operators

The administration is navigating complex relationships with Chinese mining companies, which currently dominate much of the DRC’s mineral extraction. 

  • Quota Resistance: Major Chinese firms, notably CMOC Group, have vocally opposed the 2026 quotas, arguing they are too restrictive compared to their production capacity.
  • Processing Ultimatum: The Ministry of Mines is leveraging these quotas to force Chinese operators into local processing agreements, aiming to shift the country away from being a mere raw material exporter.
  • Audit of Legacy Deals: In March 2026, the government launched a comprehensive technical and financial audit of the Sicomines “infrastructure-for-minerals” deal to ensure compliance and fair returns. 

Administrative and Geopolitical Hurdles

Domestic and international pressures continue to complicate the regulatory rollout:

  • Bureaucratic Reluctance: Delays in implementing new export procedures at the end of 2025 caused bottlenecks at key transit points like the Kasumbalesa border post, forcing the government to refine its administrative arrangements.
  • The “U.S. Pivot”: Under a strategic partnership signed in late 2025, the U.S. is pushing for access to critical minerals to counter Chinese dominance. This includes a 44-project shortlist handed to Washington in February 2026, creating additional geopolitical friction.
  • New Enforcement Measures: To counter administrative weakness, the state recently partnered with Quantum to establish a “tax brigade” for better oversight of mining operators. 

Challenges in #US – #Congo Mineral Agreements Amid Conflict

An abstract illustration depicting a mining scene focused on cobalt and copper extraction, featuring trucks and workers amidst piles of mined minerals, with flags of different countries visible and an aerial view in the background.

The U.S. has made progress in its push to prise Congo’s strategic minerals from China’s orbit, but conflict, contested licences and compliance demands are still slowing Washington’s advance into a region its rival dominates, diplomats and ​industry officials said.

Democratic Republic of Congo, which hosts the world’s largest cobalt supply and rich copper and lithium reserves, is central to the U.S. push to cut the West’s reliance ‌on China for rare minerals.

One ​U.S. diplomat said Kinshasa is deliberately slowing new deals to push Washington to increase pressure on M23 before any further steps are taken. Reuters could not ⁠independently verify the claim.

The Congolese government did not immediately respond to requests for comment. On background, a senior government official described the allegations as “speculation”.

“The agreement has its own rhythm: a period for receiving offers, a ​period for negotiation,” the official said. Rwanda, which denies backing M23, did not immediately respond to requests for comment.

The U.S. State Department told Reuters the U.S. remains “deeply concerned” by violence in eastern Congo and is pushing ​regional partners to reinforce the ceasefire, urging Rwanda to end M23 support and withdraw in line with December’s peace deal.

The department said Washington hopes to see swift progress on key deals, including a proposal for Glencore to sell copper and cobalt assets to the U.S.-backed Orion consortium, U.S.-based Virtus Minerals’ bid for Congo-focused Chemaf, and the extension of the Lobito Corridor railway line.

Kinshasa’s inclusion on the shortlist of the Rubaya mine, which supplies about 15% of global coltan and sits under M23/AFC control, signals Congo wants stronger ​U.S. action on M23, said Joshua Walker of NYU’s Congo Research Group.

Investment is unlikely while the group holds territory, he said.

U.S. influence on security has already been seen at some mines. Alphamin Resources, opens new tab restarted its Bisie ​tin mine only after U.S. diplomatic pressure helped ease fighting in territory around the site, though it warns that renewed clashes could threaten access and operations.

Read more at: https://www.reuters.com/world/africa/us-struggling-de-risk-congos-war-zone-minerals-even-after-pact-sources-say-2026-03-02/