The United States (US) is using offtake deals and state backed funding to compete in the short term with China in securing supplies of African copper, cobalt and other critical minerals, diplomats.
US’s focus is on Zambia, Guinea and Democratic Republic of Congo.
The latter accounts for more than 70% of global cobalt supplies and produced some 3.3 million metric tons of copper in 2024.
Instead of placing US operators in high risk countries, however, the US is leaning towards offtake and other trading structures.
–Channel Africa–
