A court has given the Congolese control of one of the world’s largest sources of cobalt while allegations against the mine’s Chinese owners are investigated.
As the clean energy revolution upends the centuries-long lock of fossil fuels on the global economy, dealmakers and hustlers converge on the Fleuve Congo Hotel.
The country’s president removed Albert Yuma Mulimbi as chairman of the state mining firm. Cobalt in Congo is a crucial resource in the global clean energy revolution.
Dangerous mining conditions plague Congo, home to the world’s largest supply of cobalt, a key ingredient in electric cars. A leadership battle threatens reforms.
Americans failed to safeguard decades of diplomatic and financial investments in Congo, where the world’s largest supply of cobalt is controlled by Chinese companies backed by Beijing.