The sector is splitting..., page-63

Mining Cobalt in the Congo is or is going to go to shit due to the new laws passed and the Congo Government has already labelled Cobalt as a 'strategic material'.

https://www.reuters.com/article/us-...ed-a-strategic-mineral-in-congo-idUSKCN1GQ2RX

Lithium will be next labelled as a 'strategic material'.  The thought process of  the government is that '[t]he government considers minerals with the “strategic” designation important for the economic, social and industrial future of the country.

“We need to make enough money before we run out of these minerals so that is why they are strategic to the country,” said Jean Nkunza.

“We have to make sure for the next 20 years we make money from these minerals because demand is going to be so high. It’s going to continue to grow and we are not going to stop raising the royalties on these minerals.'

This is another eye opening article.

https://www.bloomberg.com/news/feat...mines-in-congo-there-s-cobalt-under-the-house

I think it's very naive to believe that this won't happen with Lithium Mining in the Congo.