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Africanews

KoBold Metals secures exploration permits in DRC amid U.S. mining push

Africanews · Just In
Africanews
Africanews
Just In

On September 2, the company received seven exploration permits from the Congolese government, following a memorandum of understanding signed on July 17, influenced by the Trump administration.

Breakdown
  • Kobold Metals, backed by Jeff Bezos and Bill Gates, received seven exploration permits in the DRC. 8s
  • The permits follow a memorandum of understanding signed in July, influenced by the Trump administration. 14s
  • Exploration will focus on Malemban Kulu and Manono, both mineral-rich regions. 29s
  • At least ten minerals are targeted, including U.S.-critical substances like beryllium, niobium, and lithium. 38s
  • The exploration permits are valid for five years. 57s
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