China’s critical mineral dominance puts Washington’s supply chain hopes at risk

From Yahoo Finance

Beijing’s dominance in the resource-rich central African nation Democratic Republic of Congo (DRC) may complicate Washington’s ambitions to de-risk its critical minerals from China’s supply chains, according to new analysis.

London-based minerals research and pricing firm Benchmark Mineral Intelligence said that most of the DRC’s cobalt – a crucial component in electric vehicle batteries and other electronics – is already in the hands of mining companies from China.