WASHINGTON, March 29 (Reuters) - The United States
speaks regularly with the Democratic Republic of Congo's state
miner Gecamines, a senior State Department official told
Reuters, as Washington seeks to deepen relationships with key
suppliers of cobalt and copper across the African continent.
WHY IT'S IMPORTANT
Chinese aggressive investment across Congo, Zambia and
elsewhere in Africa - which holds massive supplies of minerals
used to make electric vehicles and other electronics - has for
some time raised concern in Washington.
Jose Fernandez, the U.S. State Department's under secretary
for economic growth, energy, and the environment, said in an
interview this week that conversations with Gecamines center on
supply deals and potential new mines or other projects the
company is considering. Conversations take place on average
every four to six weeks, he said.
The Mineral Security Partnership (MSP), a multinational
collaboration of more than a dozen countries and the European
Union to invest in a global supply chain, announced a deal with
Gecamines and Japan's JOGMEC in February. That deal was a
product of those conversations, Fernandez said.
KEY QUOTES
"Be it China or anybody else, it's just not good to have one
single supplier of anything," Fernandez said.
"(Host countries) do not want an investment system where
investors bring in their own workforce, do not clean up their
environmental damage. They've experienced that and that's not
what they want."
Fernandez declined to comment on whether the U.S. government
would seek to buy all or part of Canadian miner First Quantum's
Zambian assets. First Quantum has been seeking fresh
sources of cash amid an unrelated dispute with Panama's
government that closed one of the company's key copper mines.
CONTEXT
Fernandez said that the United States continues to work with
Zambia and Congo on mining and regulatory structures.
Despite Washington's efforts in recent years, the United
States has lagged behind China in securing access to minerals
across the African continent needed for the production of
products like EV batteries and solar panels.
Washington's goal is not to offset China's influence in
Africa's critical mineral sector but to diversify its own supply
chains and encourage African partners to boost their mining
standards, Fernandez said.