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DRC Chooses Mota-Engil for Lobito Corridor Railway Upgrade to Boost Copper and Cobalt Exports 1

DR Congo Approves Mota-Engil Partnership to Revamp Lobito Corridor Railway Linking Copper and Cobalt Mines to Global Markets The Democratic Republic of Congo has approved a partnership with Portuguese construction and engineering company Mota-Engil SGPS SA to rehabilitate a critical railway network that will strengthen the country’s access to global markets for copper and cobalt. The project forms part of the Congolese section of the Lobito Corridor, a strategic infrastructure route designed to connect mineral-rich regions of Central Africa with Angola’s Atlantic port of Lobito. The rehabilitation will be carried… Read More Here

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Africa’s Mineral Giants Hold Strategic Resources for the Global Economy

July 11, 2026July 11, 2026 Constance0 comment

Africa’s Mineral Wealth Gains Global Attention as Guinea, DRC, Morocco and South Africa Lead Key Reserves Africa is home to some of the world’s largest mineral reserves, with countries such as Guinea, the Democratic Republic of Congo (DRC), Morocco and South Africa playing a major role in supplying resources essential to industry, technology and the global energy transition. The continent’s mineral wealth includes major deposits of bauxite, cobalt, copper, phosphate, platinum-group metals and other strategic resources. As demand increases for electric vehicles, renewable energy systems, batteries and advanced technologies, Africa’s… Read More Here

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Africa’s Critical Minerals Draw Global Attention as Demand for AI and Clean Energy Materials Surges

July 11, 2026July 11, 2026 Constance0 comment

Africa’s Critical Minerals Draw Global Attention as Demand for AI and Clean Energy Materials Surges Africa is emerging as a key player in the global race for critical minerals, with the continent holding significant deposits of resources essential for artificial intelligence, renewable energy technologies and advanced industries. The continent is estimated to hold a substantial share of the world’s critical mineral reserves, including cobalt, copper, lithium, graphite, manganese and rare earth elements. These minerals are increasingly important for manufacturing electric vehicles, batteries, renewable energy systems, data centres and other technologies… Read More Here

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American Investment in Congo’s Minerals Faces Challenge as China Maintains Copper and Cobalt Dominance

July 8, 2026July 8, 2026 Constance0 comment

American Mining Investment in DRC Unlikely to Disrupt China’s Dominance in Copper and Cobalt Supply Chains A year after the signing of the Washington Agreement between the Democratic Republic of the Congo (DRC) and Rwanda, researchers say growing US interest in Congolese minerals is unlikely to significantly change China’s dominance of the country’s copper and cobalt supply chains. Researchers Jason Stearns and Joshua Walker, speaking at an event hosted by journalist Stanis Bujakera, said the agreement’s economic ambitions face major challenges and that the diplomatic initiative has reached a difficult… Read More Here

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DR Congo Expects Stable Copper and Cobalt Output Despite Sulfuric Acid Supply Concerns

July 8, 2026July 8, 2026 Constance0 comment

DR Congo Says Copper and Cobalt Production Remains Resilient Despite Regional Chemical Supply Disruptions The Democratic Republic of Congo (DRC) does not expect major disruptions to copper and cobalt production in 2026 despite concerns over sulfuric acid supply shortages linked to regional geopolitical tensions, a senior mining official said. Sulfuric acid is a key input in the processing of copper and cobalt ores. Recent disruptions to regional supply chains, including reduced exports from Zambia, have raised concerns among some mining companies operating in the DRC. Zambia, a major supplier of… Read More Here

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Celsius Resources Sells Namibia’s Opuwo Copper-Cobalt Project to Chinalco Mining for $15 Million

June 30, 2026June 30, 2026 Constance0 comment

Celsius Resources Divests Opuwo Copper-Cobalt Project to Chinalco Mining in $15 Million Deal Celsius Resources has signed a binding share sale agreement with Chinese state-owned mining group Chinalco Mining for the sale of its 95% interest in the Opuwo copper-cobalt project in Namibia for US$15 million. For the financial year ended June 30, the Opuwo project recorded an operating loss of approximately N$421,738 and was valued at around N$34 million in Celsius Resources’ consolidated financial statements. The divestment will allow Celsius Resources to sharpen its focus on its copper-gold assets… Read More Here

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DRC to Reallocate Unused Cobalt Export Quotas to Strategic National Projects

June 30, 2026June 30, 2026 Constance0 comment

DRC Tightens Cobalt Export Controls, Reclaims Unused Quotas to Boost Local Value Addition The Democratic Republic of Congo (DRC) has announced stricter measures to regulate cobalt exports by reclaiming unused export quotas and reallocating them to strategic national initiatives aimed at increasing local value addition and strengthening state oversight of the country’s critical minerals sector. According to a directive issued by the Authority for the Regulation and Control of Strategic Mineral Substances’ Markets (ARECOMS), all cobalt export quotas allocated for the first half of 2026 that remain unused by June… Read More Here

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U.S. Welcomes Virtus Minerals’ Acquisition of Chemaf Assets as Strategic Step in DRC Mining Sector

June 23, 2026June 23, 2026 Constance0 comment

Virtus Minerals’ Chemaf Deal Marks U.S. Return to DRC Mining and Critical Minerals Push, Says Washington The acquisition of Chemaf Group’s mining assets in the Democratic Republic of Congo by U.S.-based Virtus Minerals continues to draw strong support from Washington, where officials view the deal as a strategic milestone in strengthening American engagement in the global critical minerals sector. Jacob S. Helberg, U.S. Under Secretary of State for Economic Affairs, described the transaction as a significant development for both the United States and the DRC, framing it as part of… Read More Here

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Jinchuan Probe Flags Suspected Financial Misconduct at Congo Mining Unit

May 27, 2026May 27, 2026 Constance

Jinchuan Investigates Alleged $145 Million Irregular Payments at DRC’s Copper-Cobalt Mine Jinchuan Group International Resources Co says an independent investigation has identified approximately $145 million in suspected irregular payments linked to its copper and cobalt operations in the Democratic Republic of Congo. The investigation focused on Ruashi Mine, where the company said former local employees may have exploited weak procurement and payment controls between 2019 and 2024 through questionable supplier transactions, cash payments, and disputed invoices. In a filing released late Friday, Jinchuan said investigators reviewed financial transactions during a… Read More Here

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Copper and Tin Rally While Cobalt and Nickel Decline in Latest Global Mining Price Update

May 20, 2026May 20, 2026 Constance

Global Mining Prices: Copper and Tin Rise as Cobalt, Nickel and Germanium Fall (May 18–23, 2026) International mining commodity price lists for the period of May 18 to May 23, 2026, show mixed movements across key metals, with strong gains in copper and tin, moderate increases in gold and aluminum, and declines in cobalt, nickel, and germanium. Metals posting gains Copper recorded one of the strongest increases, rising from $13,024.25 to $13,681.93 per ton, reflecting sustained demand in industrial and energy transition sectors. Tin also posted a significant gain, climbing… Read More Here