Qatar seals $500mn Ivanhoe Mines deal to secure Africa’s critical minerals

• Qatar commits $500mn to Ivanhoe’s DRC expansion
• Deal strengthens global scramble for copper and energy-transition metals

KINSHASA, CONGO – Ivanhoe Mines signs a memorandum of understanding with the Qatar Investment Authority (QIA), advancing a previously announced $500mn strategic investment that could reshape global access to the DR Congo’s critical minerals.

The agreement was concluded during the state visit of Qatar’s Amir, Sheikh Tamim bin Hamad Al Thani, to Kinshasa last Friday, where he met President Félix Tshisekedi.