Story
DRC Creates Task Force to Accelerate Critical Minerals Pact with US

Summary
The Democratic Republic of Congo has formally established a task force to speed up the implementation of a strategic minerals partnership with the United States, aiming to attract more Western investment into its vital copper and cobalt sectors.
The Democratic Republic of Congo has approved the formation of a special task force to accelerate its strategic minerals partnership with the United States, a move aimed at attracting greater Western investment in its world-leading copper and cobalt industries. The decision, detailed in cabinet minutes seen by Reuters, signals a push to strengthen economic and security ties with Washington.
Task Force to Drive Implementation
According to a government account of a September 11 cabinet meeting, the body will be formally known as the "DRC-USA Task Force." Its primary objective is to expedite the execution of the partnership signed between the two nations in December.
Economy Minister Daniel Mukoko Samba stated the task force would help translate the agreement's commitments into "concrete economic and security results" for the Congolese people. The government did not release details on the task force's members or its priority projects. A government official, speaking on condition of anonymity, noted the body was initially planned for February but faced administrative delays.
Geopolitical and Market Significance
The initiative is a key part of the DRC's strategy to diversify its sources of investment beyond China and aligns with U.S. efforts to secure alternative supply chains for critical minerals. The DRC is the world's largest producer of cobalt and the second-largest exporter of copper, both essential materials for electric vehicles, batteries, and advanced electronics.
AdThis partnership has already yielded tangible outcomes, including:
- A U.S.-backed mining investment through Virtus Minerals.
- Expanded copper offtake arrangements between state miner Gecamines and trading houses Mercuria and Glencore, increasing sales to Western markets.
Broader Economic Planning
The establishment of the task force was approved during the same meeting where ministers endorsed a record $24.8 billion budget for 2027. This represents a 12% increase from the revised 2026 spending plan and highlights the government's focus on infrastructure, security, and economic diversification.
Read next
More on Commodities
Trump Voices Hope for Iran Deal as Saudi-Houthi Clashes Shake Oil Markets
President Trump expressed optimism about ending the conflict with Iran, a sentiment that contrasts with escalating military exchanges between Saudi Arabia and Houthi forces that are creating volatility in global energy prices.

Oil Prices Edge Lower as Middle East Supply Concerns Ease
Crude oil benchmarks fell slightly as reports of Saudi Arabia rerouting shipments and U.S.-Houthi dialogue offset a hawkish Federal Reserve and lingering regional tensions.

US Eases Hours-of-Service Rules for Fuel Truckers Amid Supply Concerns
The Department of Transportation has issued a 90-day waiver allowing fuel truck drivers to work longer hours, a response to record diesel prices and fears of potential supply chain disruptions.

Oil Prices Fall as Saudi Arabia Reroutes Crude, Easing Supply Fears
Oil prices continued their decline after reports that Saudi Arabia is offering additional crude cargoes via Oman, mitigating fears of supply disruptions from recent pipeline attacks. A smaller-than-expected draw in U.S. inventories also weighed on the market.