Tag: Cobalt
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π¨π©Congo suspends cobalt exports for four months amid glut
The Democratic Republic of Congo says itβs suspending cobalt exports for four months to rein in oversupply of the battery metal on the international market. Cobalt production in Congo β which produces about three-quarters of the material used in electric-vehicle batteries β has soared in recent years, as Chinaβs CMOC Group Ltd. ramped up output…
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Apple Faces Lawsuit Over Allegations of Exploiting Illegally Mined Minerals from Congo
The Democratic Republic of Congo (DRC), a nation rich in natural resources yet plagued by the systemic exploitation of its mineral wealth, has taken a bold step in the global arena by filing a lawsuit against Apple Inc., the worldβs most valuable company. The claim centers on accusations that Apple has indirectly profited from the…
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π¨π© Southern African bloc extends troop deployment in Congo by a year
Southern Africa’s regional bloc on Wednesday extended by a year its troop deployment in Democratic Republic of Congo, where it is helping the government fight rebel groups. The Southern African Development Community (SADC) deployed the mission in Congo, a major producer of metals like cobalt and copper, in December 2023 with a one-year mandate. “Summit…
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Google Exposes GLASSBRIDGE: A Pro-China Influence Network of Fake News Sites
Government agencies and non-governmental organizations in the United States have become the target of a nascent China state threat actor known as Storm-2077. The adversary, believed to be active since at least January 2024, has also conducted cyber attacks against the Defense Industrial Base (DIB), aviation, telecommunications, and financial and legal services across the world,…
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