Western miners can match China speed if red tape falls

KoBold Metals president says Western miners can match Chinese speed in Africa without lowering standards if governments streamline regulatory approvals and improve coordination.

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Selma Ashipala-Musavyi, Namibian Minister of International Relations and Trade, and Josh Goldman, President & Co-founder of KoBold Metals, pose for a photo following a joint meeting to discuss the company's concerns about barriers to expanding investment more quickly in Namibia at the Namibian UN Mission in New York, U.S, September 24, 2026. Jonathan Schwarz/Handout via REUTERS

Western mining executives can match China's speed in developing critical minerals if African governments streamline approvals, KoBold Metals President Josh Goldman said on Monday. Backed by billionaires from the United States, the exploration firm argues that regulatory reform will let Western investors deploy capital faster. Competition for critical minerals is intensifying as major economies race to secure supplies for electric vehicles and defense technologies.

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