Saturday, July 12, 2025

Latest

US, Congo Explore Minerals-For-Security Deal As Rebels Advance

The United States has begun exploratory discussions with the Democratic Republic of Congo on a potential agreement exchanging access to critical minerals for military support, according to officials and diplomatic correspondence.

Congo approached Washington with a proposal offering US companies extraction rights to minerals including cobalt and uranium in return for support against M23 rebels who have seized mineral-rich territory in the country’s east.

The central African nation holds an estimated $24 trillion in untapped resources, including the world’s largest cobalt reserves, crucial for electric vehicle batteries and defense applications.

Read: Congo Halts Cobalt Exports as Prices Hit 21-Year Low 

A letter sent to US Secretary of State Marco Rubio by Dr. Aaron Poynton of the Africa-USA Business Council on behalf of Congolese Senator Pierre Kanda Kalambayi proposed a comprehensive mineral and security partnership.

The proposed deal would involve granting US companies extraction rights to secure minerals for defense and technology sectors, developing the Banana Deep-Water Port with American oversight, establishing a joint strategic mineral stockpile, and enhancing military cooperation.

The military aspects include training Congolese forces to protect mineral supply routes, granting US access to strategic military bases, and “replacing ineffective UN peacekeeping operations with direct US-Congo security cooperation,” according to the letter.

Chinese companies currently dominate Congo’s mining sector, with most major extraction projects under their control. The letter to Rubio cited a “recent policy shift from President Tshisekedi” as presenting “a rare opportunity for the US to establish a direct and ethical supply chain” to counter China’s influence.

Read: China Has Quietly Spent $57 Billion to Control the World’s Critical Minerals

The letter, dated February 21 and received by the US Justice Department on February 27, also highlighted security concerns, stating that “on January 22, 2025, hostile forces seized 10% of Congolese territory, targeting the highest-value mineral deposits.”

The US State Department acknowledged the discussions but said there was “nothing to preview or announce at this time,” while a White House spokesperson declined to comment on the negotiations.

Mining analyst Jean-Pierre Okenda said parliamentary oversight would be essential for any deal, noting that previous minerals-for-infrastructure agreements with China failed to deliver promised benefits.

Poynton and Senator Kalambayi proposed “an urgent high-level visit for President Félix Tshisekedi to meet with key US leaders in Washington” and encouraged “President Trump’s direct involvement in these discussions” to secure congressional backing for the agreement.

Indigo Ellis, managing director at JS Held, told Financial Times that the proposal “reads like an act of desperation,” adding it may be Congo officials “scrambling to come up with things that might appeal to the US” as Tshisekedi’s position weakens amid rebel advances.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Mergers Set the Stage for Uranium’s Growth Cycle | Forum-Baselode Merger

The Goal is Gold Production as Soon as Possible! | Gordon Robb – ESGOLD Corp.

Snowline Gold: The Multi Billion Dollar Valley PEA

Recommended

First Majestic Produces 7.9 Silver Equivalent Ounces In Q2, Lifts Production Guidance

Antimony Resources Drills 4.17% Antimony Over 7.4 Metres At Bald Hill

Related News

Canada Launches $1.5-Billion Critical Minerals Infrastructure Fund

Ottawa is set to tackle federal support for the critical minerals sector. Minister of Energy...

Wednesday, November 1, 2023, 08:33:42 AM

China Has Quietly Spent $57 Billion to Control the World’s Critical Minerals

China has invested nearly $57 billion in critical mineral projects across developing countries, positioning itself...

Thursday, January 30, 2025, 12:31:00 PM

Electra Battery Materials Enters Tolling Agreement With Glencore

Electra Battery Materials Corp (TSXV: ELBM) has entered a commercial arrangement with Glencore related to...

Thursday, December 30, 2021, 08:52:36 AM

Wilkinson Seeks Deeper US Trade Links as Provinces Urge Local Focus

Canada’s energy minister proposed joint US-Canada investment in critical minerals and energy projects on Tuesday,...

Thursday, February 6, 2025, 02:47:00 PM

Congo Extends Cobalt Export Ban 3 Months to Combat Oversupply

Congo’s mining regulator announced Saturday it will maintain restrictions on cobalt shipments for another three...

Tuesday, June 24, 2025, 12:57:00 PM