1. Virtus Minerals Acquires Congo's Chemaf in $30M Deal, Securing U.S. Access to Critical Cobalt Supply
An American firm has seized control of a major cobalt producer outside China's orbit, marking a significant strategic move in the escalating U.S.-China competition for critical minerals. Virtus Minerals completed its acquisition of the Democratic Republic of Congo-based Chemaf for $30 million, backed by a commitment to...