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The China in Africa Podcast

[GLOBAL SOUTH] Why the U.S. is Struggling to Compete in the Global Competition for Critical Resources

Sep 3, 2024
U.S. officials are grappling with their reliance on China for critical minerals like lithium and cobalt. A new book delves into the challenges U.S. mining companies face at home, amid powerful political pressures. The podcast highlights the pressing need for domestic mining capabilities and ethical considerations surrounding resource extraction. It also contrasts the democratic approach of the U.S. with China's centralized system, revealing structural issues that complicate resource management. The rivalry between the two countries over these vital resources is escalating, prompting urgent calls for awareness and action.
56:54

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Quick takeaways

  • The U.S. aims to enhance its critical mineral supply chain, particularly through partnerships in the Lobito Corridor for copper imports from the DRC.
  • Despite intentions to boost domestic production of critical minerals, U.S. mining projects are hindered by regulatory delays and environmental concerns.

Deep dives

US Engagement in Critical Minerals

The U.S. is increasingly focusing on the critical mineral supply chain, particularly the Lobito Corridor, to enhance its import of resources like copper from the Democratic Republic of the Congo (DRC). With the recent shipment of copper from DRC to the U.S., officials highlight this development as a significant step in countering China's dominance in the mineral space. However, the actual impact of this shipment remains nuanced, as much of the copper may still be linked to Chinese mining operations in the region. This illustrates the complexities behind U.S. initiatives that aim to establish an independent supply of critical minerals.

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