Congo Offers US Access to M23-Held Tantalum Mine in Minerals Deal

• The Democratic Republic of Congo proposes the rebel-controlled Rubaya coltan mine to the US for a minerals cooperation framework.
• Rubaya, a significant source of tantalum, is under the control of Rwandan-backed AFC/M23 rebels, yet Kinshasa seeks US investment.
• The move aims to provide the US with access to tantalum, crucial for semiconductors and aerospace, reducing dependence on China.
• Congo estimates $50M-$150M needed to restart Rubaya, with quick recoupment due to high global tantalum demand.
• The mine is responsible for 15% of global coltan production, but rebels collect an estimated $800,000 monthly from its trade.