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DRC ZIMBABWE

3T leader AfriMet plans to break into battery metals

AfriMet, which has pumped half a million dollars into lithium developer Tantalex Resources in the DRC, is keen to get involved in other countries rich in the metal, with Zimbabwe top of the list. The move is a way of diversifying into battery metals, which are in great demand for electronics, a sector AfriMet already serves as a "3T" trader. [...] (365 words)

Issue dated 15/12/2020 Reading time 2 minutes

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Mining

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DRC
ZIMBABWE
AfriMet Resources
Eric Allard
Hadley Natus
MagMinerals
Robert Mugabe
Tantalex Resources
Trafigura

BMW, Volkswagen and BASF skirt around DRC's cobalt for their electric vehicles

Repelled by DRC mines' bad reputation, BMW has turned to Morocco and Australia for its cobalt supplies, while Volkswagen prefers to deal with Chinese battery manufacturers. At the same time through their supplier BASF, the car makers are funding a project to support Congolese artisanal mining cooperatives, managed by German development agency GIZ.

Artisanal miners work at Tilwizembe, a former industrial copper-cobalt mine outside Kolwezi, Lualaba province, DRC.

DRC Mining 24/01/2022

Klaus Eckhof circles back to Manono's lithium

The German-born businessman-geologist has a history of arranging mining deals in the DRC. Now he has joined Tantalex Resources, which is exploring for lithium in Manono, just next to the concessions held by a company he used to work for:

ALGERIA TUNISIA Business 05/05/2021

New Stellantis regional manager facing baptism of fire

Hakim Boutehra, director of the new European automobile giant's Maghreb activities, will start the job facing an explosive law suit in Tunisia with Citroën and a blocked factory in Oran for Peugeot amid a brewing diplomatic crisis between France and Algeria.

GREAT LAKES Mining 22/04/2021

Producers and foreign buyers clash over mineral traceability costs

Concerns over the unequal distribution of the cost of checking the origins of "3T" minerals between upstream operators in the African Great Lakes region and downstream operators outside the region have become increasingly acute as a result of Covid-19 and the increase in world tin prices.

SOUTHERN AFRICA Mining 06/04/2021

Buoyed by Elon Musk, southern Africa readies for nickel rush

Southern Africa's nickel miners are in the starting blocks after billionaire Elon Musk recently voiced concerns that supply may not match a future boom in electric batteries.

CONGO Mining 02/04/2021

Bittersweet victory for ex-CEO of Canada's MagIndustries

Though he has won his litigation against MagIndustries, Longbo Chen will have a hard time obtaining the $700,000 compensation award from his former employer. The Canadian firm's parent company is in liquidation and its owner is under arrest in China.

ZIMBABWE Mining 22/03/2021

Victoria Falls Stock Exchange courts junior miners

Backed by an enthusiastic President Emmerson Mnangagwa, the young Victoria Falls Stock Exchange is stepping up its efforts to attract international mining investors and is bending over backwards to appeal to juniors on Anglo-Saxon exchanges.

TANZANIA Mining 05/02/2021

Smedvig and von Christierson bet on Barrick and Glencore's former project Kabanga Nickel

Norwegian multi-millionaire Peter Smedvig and South African art collector Chris von Christierson recently bought the Kabanga Nickel project in Tanzania, along with their partner Keith Liddell. The acquisition is the latest of their investments in battery metals.

DRC Mining 30/11/2020

Mining minister Willy Kitobo ordered to explain Kivu tensions

A Nord-Kivu MP has taken the mining minister to task over his handling the Masisi area of Nord-Kivu province, where coltan and cassiterite mines have long been sites of unrest. The admonishment should been seen in the context of the ruling coalition's fragmentation.

DRC Mining 13/11/2020

Zoé Kabila aspires to transform Tanganyika into the new Haut-Katanga

Zoé Kabila, the brother of the ex-Congolese president, has grand ambitions for his term as governor of Tanganyika: to create the conditions for his province to become a DRC mining and industrial hub and thereby establish the family stronghold as a leading commercial player in the country.

Zoé Kabila, governor of the Congolese province of Tanganyika.

DRC Mining 11/02/2020

Yves Kabongo one step further towards total copper supply chain

As he continues to make headway at his copper processing unit in Lubumbashi, Yves Kabongo has also founded a trading unit for this highly sought-after battery metal.

DRC Mining 28/01/2020

Ex-electoral commission officers confirm mining goals

With his mission for DRC's national independent electoral commission, the CENI, officially over since June last year, even though no

DRC Mining 09/10/2018

Dave Gagnon geared for speedy advance on Manono lithium

Now that Canadian firm Tantalex Resources Corp has finalised the acquisition of lithium tailings from Manono-Kitotolo in Congo-K's Tanganyika province,

Spotlight

ZIMBABWE Mining 10/07/2018

Investors' verve for lithium know no abounds

As Africa's only lithium producer, with better infrastructure than several of its neighbours and a wealth of hard rock deposits of the metal, the most sought-after form for battery production, Zimbabwe is fast becoming a hotbed for new investments.

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AfriMet Resources
Eric Allard
Hadley Natus
MagMinerals
Robert Mugabe
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Trafigura

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Algerian secret services in survival mode in North Mali

As fight against M23 continues, Kigali and Kinshasa wage war of intelligence