Trump gets major win against China in African rare earth minerals race (opens original article in a new tab)

The U.S. supports an American company in developing mines in the Democratic Republic of the Congo to produce cobalt and copper, aiming to reduce Chinese dominance in the rare earth minerals market.

• U.S. supports American company Virtus Minerals in developing two mines in DRC for cobalt and copper.
• China controls 80% of DRC's cobalt production, and the U.S. aims to reduce Chinese dominance in rare earth minerals.
• Virtus plans to produce 75,000 tonnes of copper and 20,000 tonnes of cobalt annually in DRC.