Reuters published on 18 February 2024 an article titled "West Challenges China's Critical Minerals Hold on Africa" by Andy Home.
China's CMOC Group is the world's largest producer of cobalt and has significant investments in the Democratic Republic of the Congo (DRC). Western, including American, mining companies are beginning to challenge Chinese dominance in Africa's Copperbelt in the DRC and Zambia. In addition, the U.S. International Development Finance Corporation is funding a transportation project that will link the Copperbelt mines directly with the Atlantic Ocean.
