Trump ally eyes Congo mine vital to global tech

28 June 2025

The Democratic Republic of Congo is discussing the rights to the Rubaya coltan mine with an consortium led by Trump ‘associate’ Gentry Beach, the Financial Times reported.

Beach, the chair of investment firm America First Global and former Trump campaign finance co-chair, and Swiss trader Mercuria aim to take rights to Rubaya to bankroll US-backed peace efforts in eastern DRC.

The project could need over $500 million, with output legally channeled via Rwanda and a Kigali-based smelter proposed.

As the US leads peace negotiations between the DRC and Rwanda, Congo President Felix Tshisekedi has pitched a deal to the Trump administration, proposing access to key mineral assets in exchange for help in suppressing the M23 rebellion and stabilizing the conflict-ridden east.

As reported by Al Jazeera, Kigali and Kinshasa are due to sign a draft peace accord in Washington this Friday, brokered by the US and Qatar, aiming to secure ceasefire, troop pull-out, and disarmament of militias including M23.

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