To Concentrate on vital Resources, the US must Strengthen its Connections with Africa

To Concentrate on vital Resources, the US must Strengthen its Connections with Africa

According to a research by the United States Institute of Peace (USIP) in Washington, D.C., the US should strengthen its commercial and diplomatic ties in African mining hubs and refocus its resources,  Africa policy on vital minerals.
The USIP group further stated that the modifications are required to protect against export restrictions and market manipulation by rival geopolitical entities.

The report is released as the US attempts to overtake China, whose investments in Africa primarily focus on the extractive industries, or to compete with them.

More than 70% of the cobalt produced worldwide comes from the Democratic Republic of the Congo (DRC), home to 19 cobalt-producing mines, of which Chinese companies either owned all or had a part.

Zambia, the second-largest producer of cobalt in Africa and the sixth-largest producer of copper globally, is another important trading partner.

Additionally, the USIP report suggests that the country send more commercial and diplomatic representatives in person to mining centers.

For many essential minerals, including cobalt, graphite, and manganese, which are used in electric car batteries and other purposes, the United States is mostly dependent on imports.

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editor

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