United States deploys financial firepower to challenge Chinese control of African minerals

Washington is using offtake deals and state funding to secure African copper and cobalt. This strategy bypasses Chinese control without the high risk of mining.

Insights:
The US USUS government is utilizing offtake agreements and state-backed funding to secure supplies of African copper, cobalt, and other critical minerals. This strategy is designed to reroute production into value chains aligned with the US USUS and to contest the long-standing control held by Chinese CNCN firms over these resources. These ongoing efforts are actively changing mineral trade flows and the overall structure of global supply chains for these essential inputs.
FILE PHOTO: A coil of copper rod sits on the production line for copper flat wire at the Wellascent factory in Ganzhou, Jiangxi province, China, August 14, 2025. REUTERS/Florence Lo//File Photo
FILE PHOTO: A coil of copper rod sits on the production line for copper flat wire at the Wellascent factory in Ganzhou, Jiangxi province, China, August 14, 2025. REUTERS/Florence Lo//File Photo
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