35 h. ago US and EU critical minerals project could displace thousands in DRC– report

Global Witness says plan to upgrade railway line to Angola puts up to 1,200 buildings at risk of demolitionUp to 6,500 people are at risk of being displaced in the Democratic Republic of the Congo by a multi-billion-dollar infrastructure project funded by the EU and the US, amid a global race to secure supplies of copper, cobalt and other “critical minerals”, according to a report by campaign group Global Witness.The project, labelled the Lobito Corridor, aims to upgrade the colonial-era Benguela railway from the DRC to Lobito on Angola’s coast and improve port infrastructure, as well as building a railway line to Zambia and supporting agriculture and solar power installations along the route. Angola has said it needs $4.5bn (£3.4bn) for its stretch of the line. Continue reading...

Politics

40 h. ago Global race to secure critical minerals for weapons threatens climate, warns report

Study reveals US earmarked billions to stockpile critical minerals for military use, including precision-guided weaponry and AI-driven warfareThe accelerating global arms race is hindering climate action as critical minerals that are key to a sustainable future are being diverted to make the latest military hardware, according to a reportThe study from the Transition Security Project – a joint US and UK venture – reveals how the Pentagon is stockpiling huge stores of critical minerals that are needed for a range of climate technologies including solar panels, wind turbines, electric vehicles and battery storage. Continue reading...

Events

43 h. ago US and EU critical minerals project could displace thousands in DR Congo – report

Global Witness says plan to upgrade railway line from DRC to Angola puts up to 1,200 buildings at risk of demolitionUp to 6,500 people are at risk of being displaced in the Democratic Republic of the Congo by a multi-billion-dollar infrastructure project funded by the EU and the US, amid a global race to secure supplies of copper, cobalt and other “critical minerals”, according to a report by campaign group Global Witness.The project, labelled the Lobito Corridor, aims to upgrade the colonial-era Benguela railway from the DRC to Lobito on Angola’s coast and improve port infrastructure, as well as building a railway line to Zambia and supporting agriculture and solar power installations along the route. Angola has said it needs $4.5bn (£3.4bn) for its stretch of the line. Continue reading...

Politics

1 week ago End of fossil fuel era inches closer as Cop30 deal agreed after bitter standoff

Wealthy countries agree to triple funds for countries to tackle climate impacts, but deforestation and critical minerals blocked from final dealThe world edged a small step closer to the end of the fossil fuel era on Saturday, but not by nearly enough to stave off the ravages of climate breakdown.Countries meeting in Brazil for two weeks could manage only a voluntary agreement to begin discussions on a roadmap to an eventual phase out of fossil fuels, and they achieved this incremental progress only in the teeth of implacable opposition from oil-producing countries. Continue reading...

Economics

2 w. ago Tanzania’s descent into repression is a stark warning of how fast Africa’s progress can be eroded | Kenneth Mohammed

When she became president, Samia Suluhu Hassan offered hope. But the country’s sudden democratic decay is more than just a national tragedy A renewed sense of hope has taken root across the African continent. It is an optimism resting on solid ground: a booming population expected to surpass 2.5 billion by mid-century; vast reserves of critical minerals, oil and gas; and unprecedented levels of infrastructure investment.The African Development Bank (AfDB) projects that Africa’s combined GDP could reach $4tn (£3tn) by 2030, driven by green-energy investments, urbanisation and digital innovation. One of their senior economists told me confidently earlier this year: “The future will be written in Africa.” Continue reading...

Events

4 w. ago ‘Drug trafficking, extortion, kidnapping’: the lawless rush for rare earth minerals in Venezuela

Guerrilla groups have seized control of mining areas, exploiting Indigenous people and fuelling environmental ruin on the border with ColombiaFor months, Brig Gen Rafael Olaya Quintero, commander of the Orinoco naval force, has been chasing tin and coltan traffickers across the waterways at Colombia’s border with Venezuela.His mission has become more urgent since the global shift towards clean energy has generated an unprecedented rush for rare earth elements and critical minerals. These materials are vital components in electric vehicle batteries, wind turbines, fighter jets and guided missiles, with demand also driven by increased defence budgets in the EU, US and China, and throughout the world. Continue reading...

Events