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Exploiting the Congo: How China Controls Critical Minerals
Sep 12, 2025 · The Democratic Republic of Congo (DRC) accounts for 70–75% of global cobalt production, a cornerstone of electric vehicle (EV) batteries, but China''s tightening control over
Chinese companies to spend $7bn in Congo''s mining sector
Jan 29, 2024 · The mining sector in Congo is predominantly influenced by Chinese companies. In April last year, the National Assembly of DRC called for a review of the country''s mining
Chinese companies to invest up to $7bn in Congo mining
Jan 27, 2024 · Sinohydro Corp and China Railway Group will invest up to $7 billion in infrastructure projects as part of an agreement over their Sicomines copper and cobalt JV in
China in the Democratic Republic of the Congo: A New
Oct 18, 2024 · Although China has invested capital into multiple mineral-rich nations, the Democratic Republic of the Congo (DRC) stands out because of its vital role in the cobalt
Chinese construction firms to invest $7 Billion in Congo
Jan 28, 2024 · Chinese construction companies, China Railway and Sinohydro, are set to invest up to $7 billion in infrastructure projects as part of an agreement tied to their Sicomines copper
The great mineral war: U.S. challenges China''s stranglehold on Congo
Jul 31, 2025 · For decades, China has held near-total dominance over the Democratic Republic of Congo''s (DRC) vast mineral wealth — cobalt, copper and lithium — resources that power
Congo and China Talking $7 Billion in Finance, Tshisekedi Says
Jan 20, 2024 · Congo and China Talking $7 Billion in Finance, Tshisekedi Says China and Democratic Republic of Congo are discussing $7 billion in financing as part of a renegotiated
Strengthening critical mineral supply chains by countering China
5 days ago · But critical mineral supply chains are threatened by Chinese dominance. Companies based in China own or operate as much as 80 percent of the critical mineral production in the
DRC''s $7B infrastructure plan with China tied to copper prices
May 3, 2024 · Chinese companies are set to invest approximately $7 billion in infrastructure projects in the Democratic Republic of Congo (DRC), as revealed in details of a revised
FAQS 4
Is China influencing the mining industry in Congo?
The mining sector in Congo is predominantly influenced by Chinese companies. In April last year, the National Assembly of DRC called for a review of the country’s mining agreements with China. The central African nation sought to expand its share of the revenue from the foreign-backed mining that takes place there.
How much money has been spent on infrastructure in Congo?
According to a 2023 IGF report, only $822m of the initially promised $3bn for infrastructure investments had been spent. The DRC is the leading global producer of cobalt and ranks third in copper production. The mining sector in Congo is predominantly influenced by Chinese companies.
Are China and Democratic Republic of Congo discussing $7 billion renegotiated minerals-for-infrastructure deal?
Photo by Lucien Kahozi / Bloomberg (Bloomberg) — China and Democratic Republic of Congo are discussing $7 billion in financing as part of a renegotiated minerals-for-infrastructure deal, President Felix Tshisekedi said Saturday at his second inaugural address in the capital, Kinshasa.
How much money did Congo spend on a copper and cobalt mine?
The original deal promised $3 billion in infrastructure projects paid for by proceeds from a copper and cobalt mine known as Sicomines. While the mine has operated for years, less than a third of the development money was ever disbursed, according to Congo’s government.
