US trying to block Chinese access to African resources – FT  ...News

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Washington is seeking to counter Beijing’s dominance in clean energy technologies, the outlet says The planned sale of mining group Chemaf Resources, which operates copper and cobalt mines in the Democratic Republic of the Congo (DRC), is set to intensify the battle between the US and China for African resources, the Financial Times reported on Thursday.    According to the outlet, the struggling Dubai-based group has hired an adviser to assist in the sale of the company and its strategic mines in the DRC, and is targeting a valuation of about $1 billion. Backed by commodity trader Trafigura Group, Chemaf Resource

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