Democratic Republic of Congo Stands Firm on Cobalt Export Quotas to Control Prices and Promote Local Processing…
The Democratic Republic of Congo (DRC) will maintain its newly announced cobalt export quota system, with potential revisions only possible in the long term if deemed necessary, the country’s mining minister confirmed. Mining Minister Louis Watum Kabamba emphasized that Congo is focused on attracting investments that include more local processing of cobalt, aiming to increase the value of its… Read full details
Zambia’s Copper Tripling Plan Moves to the Forefront — but Skills Gap Looms Large…
Zambia’s ambitious plan to triple copper production by 2031 is now at the center of the nation’s economic agenda. The roadmap, developed jointly by the World Bank Group and the Government of Zambia, outlines how the country can harness its vast copper resources to drive growth and transform its economy. Copper mining has been a cornerstone of Zambia’s economy for over a century, contributing about…Read full details
Chemaf Faces November Shutdown as US-China Rivalry Over Congo’s Copper and Cobalt Intensifies…
A copper and cobalt producer in the Democratic Republic of Congo (DRC) has warned it may halt operations in November if it cannot secure new investment, underscoring the mounting tension between the United States and China over access to critical minerals. Chemaf Resources Ltd., backed by commodities trader Trafigura Group, has been searching for a buyer for more than two years after financial… Read full details
Mopani Copper Mine to Produce Over 70,000 Metric Tonnes of Copper in 2025 as Zambia’s Mining Sector Gains Momentum…
Mopani Copper Mine has announced an ambitious production target of more than 70,000 metric tonnes of copper by the end of 2025, signaling a robust recovery and expansion in Zambia’s copper industry. This goal comes as global demand for copper surges, driven by the energy transition, electrification, and growing demand for renewable energy technologies. Chief Executive Officer Charles Sakanya… Read full details
DRC President Tshisekedi Clarifies KoBold Metals Agreement: A Transparent “Win-Win” Deal, Not Exploitation…
The Congolese government and KoBold Metals signed an agreement in principle in July concerning mining operations in the Democratic Republic of Congo (DRC). Since then, the partnership has been the subject of widespread speculation, with false images and misleading claims circulating on social media. On the sidelines of the 80th United Nations General Assembly in New York this Monday, President F lix Tshisekedi… Read full details
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