EU Forges Strategic Alliances with DRC and Zambia for Critical Raw Materials
Mining investment news, insights, and company profiles
No Result
View All Result
Subscribe
  • Home
  • News
    • All News
    • Gold
    • Silver
    • Copper
    • Nickel
    • Lithium
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Exploration
    • Development
    • Production
  • Articles
    • All Articles
    • Assay Insights
  • Videos
    • CEO Interviews
    • Mining Masters: Inside Investment Strategies
    • Investor Panels & Presentations
  • Company Profiles
  • Magazine
  • Newsletter
  • Feature in The Assay
  • Book an Interview
  • 121 Mining Investment
  • About
    • About Us
    • Our Team
    • Contact Us
    • Partners
  • Home
  • News
    • All News
    • Gold
    • Silver
    • Copper
    • Nickel
    • Lithium
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Exploration
    • Development
    • Production
  • Articles
    • All Articles
    • Assay Insights
  • Videos
    • CEO Interviews
    • Mining Masters: Inside Investment Strategies
    • Investor Panels & Presentations
  • Company Profiles
  • Magazine
  • Newsletter
  • Feature in The Assay
  • Book an Interview
  • 121 Mining Investment
  • About
    • About Us
    • Our Team
    • Contact Us
    • Partners
No Result
View All Result
Subscribe
The Assay - Mining investment news, insights and company profiles
No Result
View All Result
Home Articles Feature Story

EU Forges Strategic Alliances with DRC and Zambia for Critical Raw Materials

bySarah Vega, Content Writer, The Assay
2 years ago
EU Forges Strategic Alliances with DRC and Zambia for Critical Raw Materials

The European Union (EU) has made significant strides by enhancing partnerships with the Democratic Republic of the Congo (DRC) and Zambia at the Global Gateway Forum in Brussels. The EU signed Memoranda of Understandings (MOUs) with both countries to develop critical raw materials value chains and boost transport connectivity.

Commissioner for International Partnerships, Jutta Urpilainen, signed the MOU with DRC Minister of Mines, Antoinette N’samba Kalambayi, and Zambian Minister of Finance, Situmbeko Musokotwane.

The Global Gateway Forum serves as a platform that brings together government representatives from the EU and around the world, along with key stakeholders from various sectors. The forum aims to promote global investment in infrastructure to achieve the Sustainable Development Goals (SDGs) and foster sustainable growth and resilience worldwide.

“Global Gateway provides the frame for ambitious and strategic partnerships driving structural transformation,” commented European Commission President Ursula von der Leyen. “The new partnerships with the DRC and Zambia will support the development of sustainable and resilient value chains of critical raw materials, while creating quality local jobs.”

As part of the Action Plan on Critical Raw Materials, the commission has started to address the shortage of critical raw materials for the global energy transition by diversifying their supply. The Commission has already established six strategic partnerships on raw materials with Canada (June 2021), Ukraine (July 2021), Kazakhstan and Namibia (November 2022), Argentina (June 2023) and Chile (July 2023) on behalf of the EU. It is currently negotiating free trade agreements with Australia and Indonesia as well that are expected to include energy and raw materials chapters.

Additionally, the EU, along with the United States of America, the DRC, the Republic of Zambia, the Republic of Angola, the African Development Bank, and the Africa Finance Corporation, signed a landmark MOU to support the development of the “Lobito Corridor”. This transport corridor will connect the southern part of the DRC and the north-western part of Zambia to regional and global trade markets via the Port of Lobito in Angola.

Global Gateway’s strategy focuses on five key areas of cooperation for critical raw materials. These include the integration of sustainable raw materials value chains, mobilization of funding for infrastructure development, cooperation in achieving sustainable and responsible production, collaboration on research and innovation, and capacity building to enforce relevant rules. Concrete roadmaps will be developed to implement these initiatives by 2030.

Global Gateway’s approach brings the EU, EU member states, and European development finance institutions together where they aim to mobilize up to €300B in public and private investments from 2021 to 2027.

Tags: Critical Raw MaterialsDRCEuropean UnionZambia
TweetShareSend
Previous Post

Lotus Resources and A-Cap Merger Approved by the Federal Court of Australia

Next Post

Dolly Varden Silver Receives C$10M Strategic Investment

Sarah Vega, Content Writer, The Assay

Sarah Vega, Content Writer, The Assay

Formerly with NBC News and the South China Morning Post, Sarah Vega is a new content writer for The Assay. Sarah is a Colombian-American who first moved to Asia in 2016 after graduating from Rollins College with a Bachelor of Arts in Political Science and Asian Studies. She recently graduated with a Masters of Journalism from the University of Hong Kong and will be covering mining industry news, developments, and profiles.

Related Posts

Prospect Resources Announces A$15.2M Strategic Investment from First Quantum
Financing

Prospect Resources Announces A$15.2M Strategic Investment from First Quantum

byEleanor Laurence - Content Producer, The Assay
15 April, 2025
Zambian State Firm to Own 30% of Critical Minerals Mines
Feature Story

Zambian State Firm to Own 30% of Critical Minerals Mines

byKatie Gordon, Associate Editor - The Assay
30 August, 2024
US Agrees to Two-Year Tariff Reprieve for EU Steel and Aluminum Industries
Feature Story

US Agrees to Two-Year Tariff Reprieve for EU Steel and Aluminum Industries

bySarah Vega, Content Writer, The Assay
10 January, 2024
F3 Uranium Announces Revised Private Placement for Gross Proceeds of C$17.5M
News

Kore Potash Plc Receives Further Letter of Support from the DRC Ministry of Mines

byKatie Gordon, Associate Editor - The Assay
22 August, 2023
AVZ Minerals Obtains Further Positive DRC Drilling Results
News

AVZ Minerals Obtains Further Positive DRC Drilling Results

byColin Sandell-Hay, Contributor - The Assay
28 February, 2023
Zambian Copper Attracting Strong Global Investment Support
Feature Story

Zambian Copper Attracting Strong Global Investment Support

byColin Sandell-Hay, Contributor - The Assay
17 February, 2023
Next Post
Dolly Varden Silver Receives C$10M Strategic Investment

Dolly Varden Silver Receives C$10M Strategic Investment

ADVERTISEMENT

Popular Articles

  • The Assay Guide to Iron Ore

    The Assay Guide to Iron Ore

    0 shares
    Share 0 Tweet 0
  • Rhodium: The World’s Priciest Metal Explained

    0 shares
    Share 0 Tweet 0
  • Copper Prices Surge Amid Supply Constraints and Trade Optimism

    0 shares
    Share 0 Tweet 0
  • The Assay Guide to Palladium vs Platinum

    0 shares
    Share 0 Tweet 0
  • Underground Mining Guide

    0 shares
    Share 0 Tweet 0
  • Home
  • News
  • Articles
  • Investor Discussions
  • CEO Interviews
  • Company Profiles
  • Newsletter
  • Magazine
  • About Us
  • Our Team
  • Contact Us
Hyve logo

Please note: This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine are not, and should not be construed as, an offer to buy or sell, or as a solicitation of an offer to buy or sell, any regulated products, securities or investments. This Web site and The Assay Magazine do not, and should not be construed as acting to, sponsor, advocate, endorse or promote any regulated products, securities or investments. This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine do not, and shall not be construed as, making any recommendation or providing any investment or other advice with respect to the purchase, sale or other disposition of any regulated products, securities or investments, including, without limitation, any advice to the effect that any mining or metals related transaction is appropriate or suitable for any investment objective or financial situation of a prospective investor. A decision to invest in any regulated products, securities or investments should not be made in reliance on any of the information or materials on this Web site or in The Assay magazine. Before making any investment decision, prospective investors should seek advice from appropriately qualified and licensed financial, legal, tax and accounting advisers, take into account their individual financial needs and circumstances and carefully consider the risks associated with such investment decision.

Privacy Notice
Cookies
Hong Kong Residents Privacy Statement

© 2025 The Assay

No Result
View All Result
  • Home
  • News
    • All News
    • Gold
    • Silver
    • Copper
    • Nickel
    • Lithium
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Exploration
    • Development
    • Production
  • Articles
    • All Articles
    • Assay Insights
  • Videos
    • CEO Interviews
    • Mining Masters: Inside Investment Strategies
    • Investor Panels & Presentations
  • Company Profiles
  • Magazine
  • Newsletter
  • Feature in The Assay
  • Book an Interview
  • 121 Mining Investment
  • About
    • About Us
    • Our Team
    • Contact Us
    • Partners

Please note: This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine are not, and should not be construed as, an offer to buy or sell, or as a solicitation of an offer to buy or sell, any regulated products, securities or investments. This Web site and The Assay Magazine do not, and should not be construed as acting to, sponsor, advocate, endorse or promote any regulated products, securities or investments. This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine do not, and shall not be construed as, making any recommendation or providing any investment or other advice with respect to the purchase, sale or other disposition of any regulated products, securities or investments, including, without limitation, any advice to the effect that any mining or metals related transaction is appropriate or suitable for any investment objective or financial situation of a prospective investor. A decision to invest in any regulated products, securities or investments should not be made in reliance on any of the information or materials on this Web site or in The Assay magazine. Before making any investment decision, prospective investors should seek advice from appropriately qualified and licensed financial, legal, tax and accounting advisers, take into account their individual financial needs and circumstances and carefully consider the risks associated with such investment decision.

Privacy Notice
Cookies
Hong Kong Residents Privacy Statement

© 2025 The Assay