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Category: Mining in DRC

Cobalt Prices Rise as DRC Strengthens Control Over Strategic Mineral 1 Mining in DRC Battery Metals Cobalt 

Cobalt Prices Rise as DRC Strengthens Control Over Strategic Mineral

Constance
DRC Cobalt Prices Increase to USD 48,472/ton as Government Tightens Export Rules and Boosts Market Influence Cobalt, one of the Democratic Republic of Congo’s most important mineral exports, is showing renewed momentum on international markets. According to projections from the National Market Commission of the Ministry of Foreign Trade, the metal is expected to trade at USD 48,472 per ton during the week of December 8–13, 2025, up from USD 47,886 the previous week—an increase of USD 586. This upward trend is driven by strong global demand, particularly from the… Read More Here
Tshisekedi Outlines Four Priorities After Historic Peace Agreement with Rwanda 2 Mining in DRC Governance 

Tshisekedi Outlines Four Priorities After Historic Peace Agreement with Rwanda

Constance
DRC–Rwanda Peace Deal: Tshisekedi Sets Roadmap for Security, Withdrawal of Foreign Forces & Lasting Stability As is customary, President Félix Antoine Tshisekedi Tshilombo addressed parliamentarians gathered in Congress on Monday, December 8, 2025. In his speech, he clarified the nature and objectives of the agreements recently signed in Washington. He emphasized that four major priorities will guide government action in the coming weeks—key steps intended to translate the peace accord into tangible results on the ground. Reflecting on what he called a historic moment, President Tshisekedi underlined the importance of… Read More Here
Tshisekedi Launches Strategic Overhaul to Reclaim and Reshape the Congolese Mining Sector 3 Mining in DRC Governance 

Tshisekedi Launches Strategic Overhaul to Reclaim and Reshape the Congolese Mining Sector

Constance
DRC Recovers 30,000 Mining Sites and Introduces Cobalt Export Quotas to Boost Strategic Control President Félix Tshisekedi has announced a sweeping restructuring of the Democratic Republic of Congo’s mining sector—an economic pillar and a crucial strategic resource in the global shift toward clean energy. His objective is clear: regain control of a fragmented industry, long undervalued and dominated by speculative interests, and turn it into a genuine engine of national development. The government has reclaimed nearly 30,000 mining concessions previously held by inactive operators or land hoarders. The move signals… Read More Here
Mercuria and Gécamines Launch Copper and Cobalt Trading Venture in the DRC 4 Mining in DRC Cobalt Copper Corporate News 

Mercuria and Gécamines Launch Copper and Cobalt Trading Venture in the DRC

Constance
New Mercuria–Gécamines Joint Venture Aims to Boost Copper and Cobalt Exports from the DRC Mercuria Energy Trading has launched a metals-trading joint venture with Gécamines, the Democratic Republic of Congo’s state-owned mining company, to market copper and cobalt acquired through Gécamines’ equity stakes in local mining projects. According to Kostas Bintas, head of metals at Mercuria Energy Group, the venture could eventually market more than 500,000 tons of copper cathodes per year, in addition to substantial volumes of cobalt. The agreement coincides with recent cooperation between the United States and… Read More Here
U.S. Considers Over $1 Billion for Critical Minerals and Railway Projects in Central Africa 5 Copper Battery Metals Cobalt Mining in DRC 

U.S. Considers Over $1 Billion for Critical Minerals and Railway Projects in Central Africa

Constance
U.S. Advances Funding Talks for Mineral and Rail Projects in Central Africa The United States is in talks to provide more than $1 billion in support for two major initiatives in Central Africa, as Washington seeks to secure supplies of minerals considered essential for national security. According to the U.S. International Development Finance Corporation (DFC), the agency plans to back a new copper and cobalt partnership between the Democratic Republic of Congo’s Gécamines and Switzerland’s Mercuria Energy Trading, along with a railway project connecting the DRC and several Central and… Read More Here
Macron Welcomes DRC–Rwanda Peace Agreement Signed in Washington 6 Mining in DRC Governance 

Macron Welcomes DRC–Rwanda Peace Agreement Signed in Washington

Constance
French President Macron Commends New DRC–Rwanda Peace Agreement and Urges Lasting Commitment French President Emmanuel Macron reacted publicly to the peace agreement signed in Washington on December 4, 2025, between the President of the Democratic Republic of Congo, Félix Tshisekedi, and his Rwandan counterpart, Paul Kagame. The accord was concluded with the support of international partners and under the auspices of the United States. In a message posted on his official account, the French Head of State welcomed “a step forward made possible by the commitment of the parties,” while… Read More Here
President Tshisekedi and IMF Chief Discuss Reforms and Economic Stability in Washington 7 Mining in DRC Economy Governance 

President Tshisekedi and IMF Chief Discuss Reforms and Economic Stability in Washington

Constance
IMF Hails Reform Commitments After Meeting With President Tshisekedi in Washington During a working visit to the United States, President Félix Tshisekedi met on Thursday, December 4, 2025, with the Managing Director of the International Monetary Fund (IMF). The talks, described as a “fruitful exchange,” focused on the progress of the current economic program and the structural challenges facing the Democratic Republic of Congo. According to the head of the IMF, President Tshisekedi reaffirmed his determination to strengthen macroeconomic resilience, despite a difficult international environment and internal pressures linked to… Read More Here
ARSP Director Praises Diplomacy Behind New DRC–Rwanda Agreement 8 Mining in DRC Governance 

ARSP Director Praises Diplomacy Behind New DRC–Rwanda Agreement

Constance
DRC–Rwanda Peace and Economic Agreement Welcomed by ARSP Director Miguel Kashal Miguel Kashal, Director General of the Regulatory Authority for Subcontracting in the Private Sector (ARSP), followed from his office the ceremony marking the ratification of the recent peace and economic agreement between the Democratic Republic of Congo and Rwanda. On this occasion, he commended what he described as the active diplomacy of President Félix-Antoine Tshisekedi, which, according to him, helped pave the way for a new phase of dialogue between Kinshasa and Kigali after decades of conflict in eastern… Read More Here
DRC Showcases Strategic Move Behind Manono Lithium Agreement in Washington 9 Mining in DRC Battery Metals Lithium 

DRC Showcases Strategic Move Behind Manono Lithium Agreement in Washington

Constance
How the DRC Secured the Manono Lithium Deal: Governor Wameso Details Strategy in Washington In Washington, Governor André Wameso presented the strategy that enabled the Democratic Republic of Congo to secure control over the development of lithium in Manono, one of the country’s most promising mineral reserves. According to Wameso, the U.S.-based company KoBold Metals played a decisive role during the due-diligence phase requested by the U.S. government before approving any strategic cooperation with the DRC. He explained that the country had been engaged in an arbitration dispute with AVZ.… Read More Here
A New Chapter for the Great Lakes? Tshisekedi and Kagame Sign Washington Peace Accord 10 Mining in DRC Governance Regional conflict 

A New Chapter for the Great Lakes? Tshisekedi and Kagame Sign Washington Peace Accord

Constance
Tshisekedi and Kagame Sign U.S.-Brokered Peace Agreement in Washington to Ease DRC–Rwanda Tensions, Under the mediation of U.S. President Donald Trump, Democratic Republic of the Congo President Félix Tshisekedi and Rwandan President Paul Kagame signed a peace agreement in Washington on Thursday, December 4, 2025. The accord is presented as an important step toward normalizing relations between the two neighboring countries after years of regional tension. Although orchestrated by the White House, the agreement primarily seeks to establish a new framework for cooperation in the Great Lakes region. It outlines… Read More Here

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