https://newsletter.en.creamermedia.com
Mining|Resources|SECURITY|Products
Mining|Resources|SECURITY|Products
mining|resources|security|products

UN says Congo rebels generating $300 000 monthly in seized mining area

A mine near the town of Rubaya in the DRC

Photo by Reuters

1st October 2024

By: Reuters

  

Font size: - +

Rebels in eastern Democratic Republic of Congo (DRC) have consolidated control over the Rubaya coltan mining region, imposing a production tax estimated to generate around $300 000 in monthly revenue, the UN Security Council heard on Monday.

The M23 movement, a Tutsi-led organization purportedly backed by Rwanda, seized the area, which produces minerals used in smartphones and computers, following intense fighting in April.

Bintou Keita, head of the UN mission in Congo, told the Security Council that trade from minerals in the Rubaya area accounts for over 15% of global tantalum supply.

Congo is the world's top producer of tantalum which is considered a critical mineral by the US and the EU.

"This generates an estimated $300 000 in revenue per month to the armed group," Keita said. "This is deeply concerning and needs to be stopped."

"The criminal laundering of the DRC's natural resources smuggled out of the country is strengthening armed groups, sustaining the exploitation of civilian populations, some of them reduced to de-facto slavery, and undermining peace-making efforts," Keita added.

The majority of Congo's mineral resources are situated in the east, a region plagued by conflict over land and resources between several armed factions. The situation has deteriorated since the resurgence of the M23 rebellion in March 2022.

Thousands have been killed and over one-million displaced since the resurgence in fighting.

Manufacturers are under scrutiny to ensure that metals used in products such as laptops and batteries for electric vehicles are not sourced from conflict zones like eastern Congo.

Keita said that as profits from mining have surged, armed groups have become militarized entrepreneurs, making them stronger both militarily and financially.

"Unless international sanctions are imposed on those benefiting from this criminal trade, peace will remain elusive, and civilians will continue to suffer," Keita said.

Edited by Reuters

Comments

 

Latest News

China flag
China's top diplomat heads to Africa as West's attention dwindles
Updated 1 hour 56 minutes ago By: Reuters
Mikel Mabasa
EV tax break may lure China to $27bn South Africa industry
Updated 1 hour 35 minutes ago By: Bloomberg

Showroom

Aqs image
AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

VISIT SHOWROOM 
Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.255 0.351s - 192pq - 2rq
Subscribe Now