Trump Challenges Xi for Control of Africa’s Critical Minerals and Resources | Firstpost Africa |N18G

Описание: The U.S. is intensifying efforts to disrupt China's dominance over African minerals, particularly at the Indaba Mining Conference in Cape Town. Utilizing offtake agreements and state-backed financing, the U.S. aims to secure supplies of critical minerals like copper and cobalt from Zambia, Guinea, and the Democratic Republic of the Congo (DRC). The latter is crucial, supplying over 70% of the world's cobalt, which China currently dominates. Washington is backing this approach with new trade rules, promoting the viability of mining outside China. The effectiveness of new U.S. contracts in challenging China's long-standing control remains uncertain.

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