The U.S. is attempting to counter China's dominance in critical minerals from the Democratic Republic of Congo by reviving the Lobito Corridor, a 1,300-kilometer railway in Angola. This initiative aims to reroute cobalt, lithium, and copper exports away from Chinese-controlled mines and processing facilities. However, China had previously invested $1.83 billion in rebuilding the Benguela Railway, which forms the core of the Lobito Corridor, and has significant existing investments in Angola. AI
IMPACT Secures supply chains for materials essential to AI hardware manufacturing and energy transition.
RANK_REASON Geopolitical competition over critical resources and infrastructure investment. [lever_c_demoted from significant: ic=2 ai=0.4]
- Akon
- Amos Hochstein
- Angola
- Benguela Railway
- Blackwater
- China
- Cobalt Institute
- Democratic Republic of the Congo
- Dikembe Mutombo
- Erik Prince
- Jide Zeitlin
- New York Times
- United States
- cobalt
- copper
- lithium
- Biden administration
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