How DR Congo’s Copper Is Breaking Into the US Market Amid Trump-Xi Rivalry | Firstpost Africa | N18G
Watch this video as Firstpost explains how the DRC’s copper exports are heating the US-China rivalry. A dramatic shift is underway in global critical mineral supply chains as United States copper imports from the Democratic Republic of Congo (DRC) surged to a record 53,290 metric tons in July. Accounting for nearly 24% of all US copper imports that month, this single-month volume surpassed American imports from the DRC during the entire year of 2024.Driven by deep discounts on London Metal Exchange pricing, rising product quality, and fear of imminent tariffs, US manufacturers are accepting non-COMEX African brands at unprecedented levels. Simultaneously, China’s share of Congolese copper imports saw a noticeable dip.
While Washington is establishing itself as a substantial secondary market, Beijing remains the dominant player through deep control over DRC's mining infrastructure. This dynamic signals a growing commercial rivalry between the two superpowers over critical minerals. Alyson Le Grange brings you more on this story on Firstpost Africa.
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Democratic Republic Of Congo | USA | China | US China Trade War | Critical Minerals | Copper | | Africa | COMEX | US Tariffs | Mining | Firstpost
#democraticrepublicofcongo #copper #criticalminerals #mining #copperexports #imports #africa #globaltrade #geopolitics #firstpost
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