Congo has one of the richest reserves of critical minerals in the world, including cobalt, copper, coltan, uranium and gold. M23’s advances have given it control over many lucrative mines and supply lines to Rwanda.
In May 2024, M23 seized the mine in Rubaya, one of the world’s largest coltan reserves, which generates more than US$800,000 (A$1.2 million) in revenue a month.
As of this week, M23 has also gained control over mining sites in North and South Kivu regions, where children and young people are forced to work in life-threatening conditions. Others have been recruited as child sold
Meanwhile M23 are doing their best to disrupt cobalt supply.
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