Monday
May 4
2026

Global Scramble for Battery Metals Intensifies as U.S., Chinese Firms Target Zambia’s $10 Billion Critical Minerals Market

By Solomon Ekanem

Zambia is emerging as a strategic frontline in the global race for critical minerals, with major U.S.-linked and Chinese-backed investments converging to reshape its mining sector, which has attracted about $10 billion in investment over the past four years, according to Mines Minister Paul Kabuswe.

Photo courtesy of Paul-Alain Hunt.

Source: Business Insider Africa (link opens in a new window)

Categories
Energy, Technology
Tags
e-mobility, mining, renewable energy