Mute22
Regular
Wait, what is happening in Washington today then, with a target date of May 2nd, further talks?This article indicates ...
1. DRC and Rwanda to sign a peace accord in about 2 months.
2. US to sign a bilateral minerals deal with DRC on the same day the peace accord is signed.
3. US to sign a bilateral minerals deal with Rwanda on the same day the peace accord is signed.
4. Subsequently, US and Western companies will invest billions in mines and infrastructure projects.
In summary, probably 2 months for the first stage, then 2 to 3 more months before Kobold and Rio buy AVZ. Hence, if say 6 months in total, then we are looking at the end of October 2025.
But this is far too long for my nerves.
Plus the court case starts on 2-Jun-2025.
I thought that 'they' and 'everybody' would want to tidy everything up by buying AVZ before the court case starts.
The MoU (lol) has already been signed.
EDIT: It's probably finalising this agreement, rather than the full peace/minerals accord:
But before that accord can be signed, Boulos said, Rwanda and Congo must finalise bilateral economic agreements with Washington that will see U.S. and Western companies invest billions of dollars in Congolese mines and infrastructure projects to support mining in both countries including the processing of minerals in Rwanda.
"The (agreement) with the D.R.C. is at a much bigger scale, because it's a much bigger country and it has much more resources, but Rwanda also has a lot of resources and capacities and potential in the area of mining as well ... not just the upstream, but also midstream and downstream to processing and refining and trading," Boulos said.
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