Apr 28
DR Congo creates $100mn ‘Mining Guard’ to protect critical minerals
➤ The Democratic Republic of Congo is establishing a $100 million 'Mining Guard' force of up to 20,000 troops to secure critical mineral sites and supply chains. ➤ This initiative, backed by the US and UAE, aims to de-risk commercial assets and attract investment by improving security and governance in the mining sector, which has been affected by conflict. ➤ The new force will replace the existing mining police and is part of a broader strategy to diversify critical mineral sources away from China and ensure greater transparency and traceability in the mining industry.
