China’s DRC dominance threatens US de-risking efforts

Two thirds of Democratic Republic of Congo (DRC) cobalt supply is classified as at ‘high risk’ of falling foul of the Foreign Entity of Concern (FEOC) clause under the US Inflation Reduction Act (IRA), Benchmark analysis shows. Through the IRA and Bipartisan Infrastructure Law (BLI), the US is undergoing a wide-ranging effort to de-risk its […]