Post #468

🔴We Do With Assets Anything We Like🔴 DRC sends the United States a list of assets for investor review Rumors circulating since last week that the Congolese government intended to submit to a joint DRC–US commission a list of projects open to American investors have proven true: the day before yesterday it became known that such a list had already been handed over. Reuters, citing sources, reports that it includes: ⚪️Kisenge licenses for the extraction of manganese, gold, and cassiterite ⚪️Gécamines projects for copper and cobalt mining at Mutoshi, as well as a germanium processing facility ⚪️ four Sokimo gold licenses and Cominiere lithium licenses ⚪️Sakima assets for coltan, gold, and tungsten mining Although all the entities mentioned in the original report are state-owned, at least two of them — Gécamines and Cominiere — have this year been implicated in the forcible takeover of private assets. ⏩Gécamines only recently offered to buy the copper-cobalt Mutoshi mine from its current owner, Chemaf, at a knockdown price—after Gécamines itself blocked its sale to a Chinese investor in March 2025. It appears that from that moment on, the asset was being kept in reserve for the Americans. ⏩Cominiere, for its part, had been doing the opposite: back in 2023 it tried to wrest the Manono lithium deposit from Australia’s AVZ Minerals in order to hand it over to the Chinese company Zijin. While the government and state corporations shuffle their assets however they please in pursuit of higher rents and political gains, it is not only the owners of some of these assets who suffer. There are also ordinary workers at these enterprises and contractors, left without pay and without jobs while Kinshasa clumsily plays geopolitical chess. ➡️ Stay informed - @devilsbelow