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Trump strengthens a foothold for America in the Congo mines in exchange for a peace deal economy

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The Bloomberg Agency said that the administration of US President Donald Trump is moving an accelerated move to establish a strategic foothold in the mining sector within the Democratic Republic of the Congo, in exchange for the role of mediation that Washington played to complete a peace agreement between Kinshasa and Ghali last month.

This American trend comes within a broader policy aimed at reducing dependence on China to secure vital supplies from strategic minerals, such as lithium, cobalt and copper, which are basic materials in future industries such as electrical batteries and advanced technologies.

President Trump said, according to what Bloomberg reported in its report, that his country “will get a lot of mineral rights” in the Congo, noting that the political agreement that was sponsored by the United States may be a gateway to extensive American investments in the mining sector, as Chinese companies have always dominated decades.

Copold Metals and new American alliances

In a move that reflects this transformation, the company “Copold Metals” -an American emerging American company supported by billionaires, Jeff Bezos and Bill Gates -announced the signing of an agreement with the Congolese government to confirm its interest in developing one of the largest solid lithium reservoirs in the world, known as the Monano project.

https://www.youtube.com/watch?v=hk444hykooy

According to Bloomberg, this step comes despite the fact that the project is still stuck in an international legal dispute, as Australian “A -Zi Minerals” accuses the Congo government of canceling its license illegally, which led it to resort to international arbitration.

In a parallel context, the newspaper revealed that an American alliance consisting of former military and intelligence investors leading the race to hold a acquisition deal on the “Shimaf” resources company, a company active in copper and cobalt, and is based near the city of Lubombashi.

This deal is of a strategic importance for Washington, at a time when it tries to remove Chinese influence, especially since the Chinese company “Norinko” had previously sought to acquire “Shimiv”, but the deal was suspended due to the objection of the Congolese National Mining Company.

Biblical minerals and a geopolitical struggle yard

According to the Bloomberg report, the Congo is:

  • The second largest copper producer in the world
  • The largest global source of cobalt, which is an essential element in rechargeable batteries.

Therefore, the African state has become a center for geopolitical competition between Washington and Beijing, especially in light of America’s tendency to secure supply chains away from excessive dependence on China.

The report says that Washington’s interest in securing these resources is not limited to the economic side, but is also related to the necessities of US national security.

https://www.youtube.com/watch?v=nb37pgbkn54

However, the path of these investments is not furnished with flowers, as the peace agreement between the Congo and Rwanda, which was signed in Washington under American auspices, is still in its early stages, and implementation on the ground faces major challenges in the troubled eastern regions, according to Bloomberg.

The investment projects face internal legal and organizational obstacles, in addition to concern about the change of government positions or the pressure of local actors.

Bloomberg noted that Trump’s public support for investing in the Congolese mineral sector gave a strong boost to American investors who have always avoided entering this sensitive market.

However, the report warns that any delay in implementing deals, or the escalation of legal disputes, may lose the United States the political and investment momentum that it tries to build, despite all the enthusiasm shown in the US administration’s speech.

Bloomberg concluded its report by certainly that the success of these moves is dependent on Washington’s ability to overcome legal and institutional obstacles, and gain the confidence of the Congolese authorities, amid fierce competition with other powers, led by China.



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