America’s New Era of State-Sponsored Mining
The Economist reports that desperate to break China’s grip on critical minerals, the Trump administration is splashing cash around the world.
For most of the past 30 years, Western firms have been leaving rather than investing in the Democratic Republic of Congo, says Guy-Robert Lukama. The former chair of Gécamines, the main state-owned mining company, reckons Chinese entities hold stakes in 90% of Congolese projects. But now, he says, the Americans are “pushing, pushing, pushing.” In December, American firms secured first... ...
leave a comment