Mining.com posted on 17 January 2021 an item titled "What China's Increasing Control over Cobalt Resources in the DRC Means for the West-Report."
The Democratic Republic of the Congo holds more than half of the world's cobalt reserves, a mineral that is essential to electric vehicle battery production. In 2020, the DRC produced about 70 percent of the total global cobalt feedstock production. China already controls over 40 percent of the cobalt mining capacity in the DRC. China's Foreign Minister Wang Yi visited the DRC in January in an apparent effort to further expand its control over the cobalt market.
