Search

DR Congo’s lithium gamble exposes fragile governance behind America’s strategic mineral ambitions

A mining site. Photo @ Pexels
A mining site. Photo @ Pexels
  • AVZ arbitration pause deepens uncertainty over Manono lithium project
  • US-DRC mineral alliance raises fresh concerns about investor protections

 

KINSHASA, CONGO – A temporary suspension of a high-stakes international arbitration over one of the world’s largest lithium deposits is exposing the fragile intersection of mining, geopolitics and governance in the Democratic Republic of Congo.

Australia-listed AVZ Minerals confirmed that its arbitration case at the International Centre for Settlement of Investment Disputes (ICSID) over contested permits PR13359 and PR4029 has been suspended for three months, even as the Democratic Republic of Congo deepens strategic mineral ties with the United States and US-backed mining interests gain influence around the prized Manono lithium project.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


By signing in, you agree to receive Allen Dreyfus newsletters and updates. You can unsubscribe at any time.

Recent Business

Photo by Focus Graphite
Uganda graphite advances. Will NASA testing unlock sales?
Read More »
Foodstuff being moved to the market in Accra, Ghana. Photo by Zeal Creative Studios @ Pexels
Nigeria’s poor spend beyond earnings. Can reforms deliver?
Read More »
Street vendor selling goods in traffic in Ghana. Photo by Carbell Sarfo @Pexels
Ghana’s treasury bill bids plunge 40%. Is demand fading?
Read More »

Recent Politics

Foodstuff being moved to the market in Accra, Ghana. Photo by Zeal Creative Studios @ Pexels
Nigeria’s poor spend beyond earnings. Can reforms deliver?
Read More »
Fuel tanker truck navigating city roads. Photo @ Pexels
Can West Africa afford its rising fuel subsidies?
Read More »
Photo by Fran Ben @ Pixabay | Senegal
Can Senegal’s budget revolt derail its IMF rescue?
Read More »

Latest Posts

Latest news insights