The approval by the Council of Ministers of the Kingdom of Belgium of the State guarantee in support of the strategic partnership between the Lubumbashi Production Company (STL) and Umicore was presented by Kinshasa as confirmation of its policy in the field of mineral processing at the local level. resources, technology transfer and development. creating value on the national territory.
The Congolese Government sees the decision of the Belgian authorities as a strong signal in favor of its new vision for the mining sector. The Council of Ministers of the Kingdom of Belgium has actually approved a state guarantee aimed at supporting the strategic partnership between the Lubumbashi manufacturing Company (STL) and Umicore Group. The initiative is aimed at supporting the development of production of Germanium, an essential mineral that has become indispensable for high-tech industries.
Congo sees this decision not only as an economic help, but also as confirmation of the legitimacy of its strategic course, which focuses on local ore processing, transfer of technological knowledge and rational exploitation of the country's mineral resources.
The strategy corresponds to the concept proclaimed by President Felix Antoine Chisekedi Chilombo, and is being implemented by the Cabinet under the leadership of Prime Minister Judith Suminwa Tuluka. The Minister of Mines, Louis Watum Kabamba, is working to transform the mining industry into a catalyst for industrial progress, encouraging cooperation that contributes to the creation of significant added value within the country.
According to the authorities, the partnership between STL and Umicore is a concrete illustration of this trend. In addition to ensuring the security of the supply chains of critical minerals, the project provides for local processing of raw materials, technology transfer, technical assistance, as well as strengthening national capacities. The aim is to establish cooperation based on mutual benefit, while strengthening the industrial position of the DRC.
At this new stage, the Congolese authorities reaffirm their commitment to making mining resources a sustainable lever for economic growth and industrial sovereignty. The stated goal is to accelerate local transformation, promote effective technology and skills transfer, and sustainably strengthen the position of the Democratic Republic of the Congo in global value chains of critical minerals for the benefit of the national economy and the Congolese people.
Comments (0)