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#cobalt News & Analysis

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GeneralBullishCrypto Briefing · 4h ago7/10
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Virtus Minerals secures US backing for cobalt and copper mines in DRC, challenging China’s grip

Virtus Minerals has secured US backing to acquire cobalt and copper mines in the Democratic Republic of Congo, marking a strategic effort to diversify global mineral supply chains away from Chinese dominance. This development has significant implications for the tech and cryptocurrency industries, which depend heavily on these critical minerals for battery production and hardware manufacturing.

Virtus Minerals secures US backing for cobalt and copper mines in DRC, challenging China’s grip