Post #541

🔵"We’d Like For That To Not End Up In Chinese Hands"🔵 Another Ally Falls Victim to US Expansion 🌐 Bloomberg reports that in late January, the Trump administrationurged an Australian mining firm AVZ to sell its major lithium project to a US firm. Earlier, as part of efforts to secure supply chains from China, the US had struck a deal to buy a stake in Swiss company Glencore’s copper-cobalt assets. 🔸 The real game of interests here is far more intriguing than it first appears. The project in question is the Manono deposit, which Congolese authorities stripped from AVZ in 2023 and handed over to China’s Zijin. 🔸This means the best the Americans can hope for is a claim on the remaining uncontested portion—or they’ll have to directly clash with the Chinese for the first time. If the administration settles for the first option, it’ll be another ironic twist — the US once again squeezing out its own ally from supply chains while avoiding a direct showdown with China. If they choose the second, Congo itself could face backlash from Beijing. Zijin, meanwhile, already owns two major mines in the south and plans to start production at Manono this June. ➡️ Stay informed - @devilsbelow