Longunvest
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OFFICIAL: The USA Launches a Strategic Deal with the DRC on Mining & Investment
– U.S. State Department
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Hemicuda
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Fuck off cunt
Carlos Danger
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Remember when Trump threatened North Korea with ‘fire and fury’ and then still managed to make history by being the first sitting US President to step foot inside the country?
Stranger things have happened than a DRC President facing a rebellion that offers a minerals for security deal to the US President then making said deal
Perhaps Lenny will be there at the 13359 and 15775 border to welcome Trump just like he was at the DMZ
Mute22
Regular
Azzler
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Matata Ponyo Mapon (born 5 June 1964)[1] is a Congolese politician who served as the Prime Minister of the Democratic Republic of the Congo from 18 April 2012 to 17 November 2016.[2] Previously he served as Minister of Finance from 21 February 2010 to 12 April 2012;[3][4][5] as Prime Minister, he retained responsibility for the finance portfolio. He currently serves as Senator for Maniema.[6][7] On 3 May 2022, he founded the political party Leadership and Governance for Development (Leadership et Gouvernance pour le Développement, LGD) and ran as its candidate in the 2023 presidential election.[8]
On a different more pleasant note: Oscar won the SA Grand Prix and leads F1 the world championship.
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Frank
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DRC and US negotiate future mining agreement
A mining agreement between the Democratic Republic of the Congo and the United States is currently under negotiation.It is not yet a signed contract, but a framework under discussion, designed to attract more US investment in the Congolese mining sector.
According to the Trump administration, this project is part of its economic strategy for the African continent.
But how is this initiative actually perceived from the American point of view?
The aim of this deal between the DRC and the United States is to allow American companies to invest in Congolese mining, but also in the necessary infrastructure, such as roads, railways, dams and energy.
The US government does not directly manage mines, but facilitates investment through institutions such as DFC or EXIM bank.
The US insists on a “win-win” partnership, compliant with local and international laws, including the environment, work, and anti-corruption.
China well established in the DRC
But this project comes in a particular context. China is now the DRC’s largest trading partner.It accounts for more than half of Congolese exports, and almost half of which are imports. It largely dominates the mining sector.
In the provinces of North and South Kivu, Chinese companies are also regularly accused of exploiting gold and other minerals illegally, often linked to smuggling networks.
It remains to be seen how the US intends to integrate into this complex landscape, especially in unstable areas.
On this point, Washington remains discreet.
The United States on track to drastically reduce its diplomatic presence in Africa
The US is ready to reduce its “soft power” in Africa.This is news from The New York Times, for the time being denied by the head of US diplomacy.
A “total structural reorganization” of the State Department would be in preparation in a presidential decree.
The US diplomatic presence on the African continent would be considerably reduced.
In the United States, a project to restructure the State Department is still a secret.
But the New York Times was able to access the details of the plan.
The biggest change is the reorganization of America’s diplomatic presence in four different regions: Eurasia, the Middle East, Latin America, and Asia-Pacific.
So the exit of Africa.
The current office for Africa would be abolished and replaced by a “office of the Special Envoy for African Affairs” that would be subordinate to the National Internal Security Council of the White House, not the State Department.
The draft also states that “all non-essential embassies and consulates in sub-Saharan Africa will be closed”.
Finally, all remaining missions will be grouped under the authority of a special envoy.
Moreover, several US media outlets this past week reported potential drastic cuts in the State Department’s budget, which would lead to the end of UN funding.
Most of the Security Council’s agenda is the African continent.
www.rfi.fr/fr/
LEFOOL
Regular
Frank
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Chinese Battery Giants Shatter U.S. Control: $100 Billion Lithium Revolution Unleashed as Washington Faces Energy Dominance Collapse
In a bold move to fortify domestic supply chains amid escalating geopolitical tensions, Chinese firms Kandi Technologies and CBAK Energy are setting up two lithium battery production facilities in the United States, aiming to capitalize on the surging demand for high-performance battery systems in the off-road and recreational vehicle markets.
The collaboration between Kandi Technologies and CBAK Energy marks a significant development in the U.S. energy landscape.
By establishing lithium battery production facilities on American soil, these Chinese firms are positioning themselves to meet the increasing demand for electric power in the off-road and recreational vehicle sectors.
Amid rising geopolitical tensions, this move underscores a strategic focus on localizing production and fortifying supply chains.
The partnership promises to deliver high-performance battery systems, aligning with U.S. clean energy goals and offering a resilient response to potential global supply disruptions.
Strategic Shift, Local Focus
The initiative by Kandi Technologies and CBAK Energy represents a calculated strategic shift aimed at strengthening local production capabilities.The first facility will focus on the assembly of battery packs, while the second will concentrate on manufacturing battery cells.
Each facility will function as a joint venture, with separate ownership structures reflecting the specific objectives and scale of each project.
Kandi will lead the battery pack assembly plant, holding a 90% stake, while CBAK will take charge of the battery cell manufacturing, also retaining a 90% share.
This dual approach is designed to integrate the production process, from initial cell manufacturing to the assembly of complete systems, ensuring a streamlined operation.
By setting up these plants, the companies aim to build a robust domestic supply chain, thereby reducing reliance on international sources.
This move is further supported by clean energy incentives from the U.S.
Inflation Reduction Act, which encourages the localization of energy production.
Such strategic positioning not only helps in mitigating the risks associated with global supply chain disruptions but also enables these companies to capitalize on the burgeoning U.S. market for clean energy solutions.
Incentives and Expansion
The decision to establish these facilities in the U.S. aligns with broader goals of expanding market presence and leveraging local incentives.According to Feng Chen, CEO of Kandi Technologies, localizing production enhances the agility of the supply chain and aligns with U.S. clean energy policy incentives.
This strategic move positions the companies to meet the rapidly growing demand in the off-road and recreational vehicle category, potentially creating significant shareholder value.
While the specific locations for these facilities are still under consideration, CBAK Energy is also expanding its production capacity globally.
The company plans to reach a production capacity of 7.6 gigawatt-hours by the end of 2025.
Additionally, new production facilities are being established in Southeast Asia, operational by 2026, to mitigate geopolitical risks.
The North American market for off-road vehicles, valued at $16.7 billion in 2024, is projected to grow to approximately $25.0 billion by 2030, providing a lucrative opportunity for this partnership to tap into the expanding battery demand.
Navigating Geopolitical Tensions
The collaboration between Kandi Technologies and CBAK Energy unfolds against a backdrop of escalating geopolitical tensions, particularly between the U.S. and China.Recent trade disputes, including China’s suspension of exports of critical minerals, highlight the vulnerability of global supply chains.
This partnership is a strategic response aimed at minimizing these geopolitical risks by establishing a more resilient and localized supply infrastructure.
Zhiguang Hu, CEO of CBAK Energy, emphasizes that their expertise in cell design and production is pivotal for setting up a reliable local supply for emerging vehicle platforms.
The collaboration not only reflects a shared vision to globalize advanced battery manufacturing but also adapts to the evolving demands of the U.S. market.
By focusing on local production and supply, Kandi and CBAK are effectively insulating themselves from potential international trade disruptions, ensuring a steady supply of battery systems for the U.S. market.
The Future of Battery Production
As the demand for off-road and recreational vehicles continues to surge, the need for efficient and high-performance battery systems becomes increasingly critical.The partnership between Kandi Technologies and CBAK Energy is poised to deliver on this demand, offering advanced battery solutions tailored for specific applications.
Their focus on integrating cell and pack production not only enhances efficiency but also promises to deliver cutting-edge technology to the market.
By investing in U.S.-based facilities, these companies are preparing to play a significant role in the future of battery production.
This move also aligns with broader global trends towards sustainable energy solutions and the transition to electric vehicles.
As they navigate complex geopolitical landscapes and leverage local incentives, Kandi and CBAK are setting a precedent for the future of energy production in the United States.
The strategic collaboration between Kandi Technologies and CBAK Energy marks a pivotal moment in the landscape of battery production, with far-reaching implications for the U.S. market.
As they develop local facilities, they not only address immediate market demands but also contribute to shaping a sustainable energy future.
How will this partnership influence the broader dynamics of international trade and energy production in the years to come?
www.sustainability-times.com
All this talk of trade agreements etc over the weekend, and lo and behold what headline pops up this afternoon but:
"China warns countries against striking trade deals with US at its expense"
www.abc.net.au
"China warns countries against striking trade deals with US at its expense"
China warns countries against negotiating trade deals with the US at its expense
China has warned countries against striking a broader economic deal with the United States at its expense, ratcheting up its rhetoric in a spiralling trade war between the world's two biggest economies.
Amazing the reaction when a bully meets a bully.All this talk of trade agreements etc over the weekend, and lo and behold what headline pops up this afternoon but:
"China warns countries against striking trade deals with US at its expense"
China warns countries against negotiating trade deals with the US at its expense
China has warned countries against striking a broader economic deal with the United States at its expense, ratcheting up its rhetoric in a spiralling trade war between the world's two biggest economies.
As mentioned before, Chaina will not give up easy what they paid for with brown paper bags and considers theirs, while Felix tries to sell the same car 3 times.
AVZ will win their court cases, however we need the USA support to monetise it.
Team DRC/Chaina would just ignore the outcome and wipe their back side with that paper it is written on.
Frank
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