Trump gets major win against China in African rare earth minerals race
6 Articles
6 Articles
With the US mining company Virtus Minerals officially establishing a presence in the core mining region of the Democratic Republic of Congo in June, this battle for key minerals ignited in Africa has officially begun a deep confrontation between the US and China in the global supply chain.
In what is considered an important victory for the Trump administration against Chinese dominance of the rare-earth mineral market, the United States has supported an American company, Virtus Minerals, in the development of two major cobalt- and copper-producing mines in the Democratic Republic of the Congo (DRC).This is said to be the first U.S. acquisition of rare-earth minerals in the African nation since President Trump announced the Washing…
Trump gets major win against China in African rare earth minerals race - NEW YORK TIMES POST
NEWYou can now listen to Fox News articles! In what’s being hailed as a major win for the Trump administration against Chinese domination of the rare earth minerals market, the U.S. has supported an American company, Virtus Minerals, in developing two major mines producing cobalt and copper in the Democratic Republic of the Congo (DRC). This is claimed to be the first U.S. rare earth minerals acquisition in the African nation since President Tru…
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