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US Targets DRC Militias and Trading Firms in Rubaya Minerals Sanctions
Sanctions target CODECO and associated firms for illicit mineral trade and abuses in eastern Congo, where Rubaya mine supplies up to 30% of the world's coltan, U.S. officials said.
- On Tuesday, the United States government sanctioned CODECO, a Congolese mining organization, and two Hong Kong-based exporters for illicit mineral trading in eastern Congo.
- Recently, the US sanctioned an armed group accused of illicit mining in Congo, which generated revenue through illegal fees, taxes, and mineral smuggling amid ceasefire violations.
- The site lies in eastern Democratic Republic of the Congo’s conflict-ridden region, producing 15 to 30 percent of global coltan, according to State Department spokeswoman Tammy Bruce.
- The measures freeze assets and ban transactions under US control, imposing consequences on actors destabilizing eastern DRC.
- As both sides threaten a peace deal by August 18, fighting around Mulamba since Friday jeopardizes the effort despite a US-Qatar ceasefire.
31 Articles
31 Articles
Congo-Kinshasa: U.S. Sanctions Critical Minerals Traffickers Stoking Armed Conflict in the Eastern Democratic Republic of the Congo
Washington, DC -- Today, the United States is sanctioning armed groups carrying out illegal mining and supply chain actors profiteering from conflict minerals in eastern Democratic Republic of the Congo (DRC). The Department of the Treasury is designating four entities producing and trading in conflict minerals in Rubaya, an expansive mining area rich in critical minerals.
US Sanctions Group, Firms Profiting From Congo Conflict Minerals
US imposes sanctions on Congo armed group, mining firms over illicit minerals
The United States on Tuesday announced sanctions against an armed group aligned with Congo's military as well as a Congolese mining company and two Hong Kong-based exporters over armed violence and the sale of critical minerals. Read more at straitstimes.com.
U.S. announces sanctions against armed group and companies profiting from conflict minerals in Congo
The U.S. government on Tuesday sanctioned an armed group accused of illicit trading in minerals in eastern Congo as Washington tries to spearhead peace efforts there while pushing for U.S. access to the region’s minerals.
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