Source: China – South China Morning PostThe United States is stepping up efforts to loosen China’s grip on critical mineral supply chains by investing in a new copper and cobalt project in Zambia.
The US Trade and Development Agency (USTDA) will provide a US$1.4 million grant to Metalex Africa, a subsidiary of US-based Metalex Commodities, to fund a feasibility study, in a deal signed on Thursday.
The study aims to expand a Zambian copper and cobalt facility, securing a direct source of the metals for American industries. Chinese…Read More