Congo Set to Approve Sale of Chemaf to US's Virtus Minerals, Strengthening Strategic Minerals Partnership

Published: Mar 18, 2026 15:49

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The Democratic Republic of Congo is reportedly ready to approve the sale of Chemaf to US-based Virtus Minerals, advancing a strategic minerals partnership between Washington and the African nation.
Congo’s mines minister, Louis Watum, notified Virtus last week that the government intends to clear the takeover, according to sources cited by Bloomberg News, marking a key step in a deal involving one of the country’s most contested mining assets.

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