A Washington-based think tank, the United States Institute of Peace, has emphasized the necessity for the U.S. to enhance commercial relations with African nations to reduce dependency on China for crucial minerals supply. The report highlights the critical role of securing a reliable source of critical minerals from Africa for both U.S. economic stability and national security.
According to the report, the United States currently relies almost entirely on “foreign entities of concern,” predominantly China, for essential critical minerals. To mitigate the risk of facing shortages and vulnerability to China’s export restrictions, the U.S. must diversify its sources of mineral supply and establish its own reliable channels.
Acknowledging that Western mining companies are trailing behind their Chinese counterparts in accessing Africa’s abundant mineral reserves, the report stresses the urgency for the U.S. to engage in more robust commercial diplomacy aimed at fostering critical minerals partnerships across the continent. This strategic approach is deemed essential to counter China’s significant presence in Africa’s mining sector.
The report suggests exploring avenues for increased commercial diplomacy in key African countries such as the Democratic Republic of Congo and Zambia, known for their cobalt and copper reserves respectively. It also underscores the importance of unlocking U.S. investment potential in Africa through initiatives like reopening diplomatic missions and fostering strategic partnerships in the battery metals supply chain.
While recognizing the challenges posed by China’s dominance in critical minerals investment and diplomacy in Africa, the report advocates for proactive U.S. efforts to compete effectively and secure valuable mining contracts on the continent.