U.S. Institute of Peace

08/08/2024 | Press release | Distributed by Public on 08/08/2024 13:05

The Lobito Corridor: A U.S. Bet on Africa’s Critical Mineral Development

Demand for critical minerals is expected to skyrocket in the decades ahead. These minerals - such as copper, cobalt and lithium, among others - power the electronics we use every day and are essential for transitioning to greener energy technologies. The U.S. is increasingly working with African partners to develop the continent's abundant critical minerals, an effort that is vital to advancing U.S. economic and national security interests. It also will have major implications for African countries: How these critical minerals are developed will significantly impact the continent's economic future and beyond, even affecting peace and stability. This increasing U.S. policy focus comes against the backdrop of intensifying U.S. geopolitical competition with China, which dominates many African mining sectors.