Nigeria and several African countries hold deposits of lithium, cobalt, tin, and other minerals used in batteries, electric vehicles, and renewable energy technologies. The value of those precious metals is estimated at more than $700 billion in Africa’s most populous economy, and they are largely untapped. Yet much of the output is exported in raw […]
At the heart of Congo’s mining turning point: what Louis Watum Kabamba really said in Toronto — and why it matters. In early March 2026, at one of the world’s most important mining gatherings — the Prospectors & Developers Association of Canada (PDAC) in Toronto — Louis Watum Kabamba, Minister of Mines of the Democratic
The DR Congo Draws the Line: A New Era for Africa’s Most Strategic Mining Powerhouse Read More »
February 2026 The province of Lualaba, the true lung of the extractive industry in the Democratic Republic of the Congo, is experiencing a decisive phase of reorganisation of its mining sector. A clean-up commission led by Franck Fwamba, Special Advisor to the Minister of Mines, recently launched an operation to control and bring into compliance
February 2026 After the United States of America where he participated in Washington at the Critical Minerals Forum and met with miners and American officials as part of the DRC-USA Strategic Partnership, the tireless Minister of Mines Louis Watum is in South Africa for Indaba 2026. At the ministerial symposium of Investing in African Mining
February 2026 The Government of the United States and the Government of the Democratic Republic of the Congo (DRC) reaffirm our shared commitment to advancing economic growth, stability, and prosperity for both of our peoples. Through the U.S.-DRC Strategic Partnership Agreement, we are building a foundation for increased U.S. investment in the DRC, recognizing that
February 2026 As global competition over critical minerals intensifies, the Democratic Republic of Congo (DRC) has emerged as one of the most strategically significant actors in the international minerals economy. Home to the world’s largest cobalt reserves, alongside substantial deposits of copper, lithium, manganese, iron ore, and rare earth elements, the DRC occupies a pivotal
The global metals and mining industry recorded one of its best financial performances of the last two decades last year, gaining 700 billion dollars in […] The cobalt is not the only transition mineral that the Pentagon is stockpiling. Graphite, another key component of energy storage systems, represents the most important recent demand from the
November 2025 The mining sector of the Democratic Republic of Congo (DRC) is a major pillar of the national economy, representing more or less 80% of budgetary revenues and nearly 50% of public revenues. According to a survey by the Extractive Industries Transparency Initiative (EITI) published in 2023, this sector also constitutes 99% of exports
Rio Tinto has stockpiled 2 million tonnes of high-grade iron ore at its Simandou project in Guinea for a shipment in mid-November, three sources told Reuters, which would be the first from the mega-mine that should reshape global supply and prices. In its third-quarter production report published, Rio declared that SimFer – one of the
Rio Tinto Increases Its Stocks of Simandou to 2 Million Tonnes for the First Shipment Read More »
