Core Viewpoint - The announcement of funding from the U.S. Trade and Development Agency (USTDA) for the Kazozo copper-cobalt project in Zambia signifies a strategic partnership aimed at enhancing U.S.-Zambia economic cooperation and securing critical mineral supplies for global energy transition [1][2]. Group 1: Project Details - Terra Metals Inc. and Metalex Commodities' joint venture, Lunda Resources, received USTDA funding for a feasibility study of the Kazozo mine and adjacent exploration licenses in northwestern Zambia [1]. - The project aligns with the Trump administration's "trade, not aid" policy and the U.S. critical minerals strategy, contributing to job creation and GDP growth in both countries [1]. Group 2: Company Statements - Terra Metals Inc. Chairman Mumena Mushinge emphasized the achievement as a result of persistent efforts and strong belief in Zambia's copper-cobalt resource potential, thanking local chiefs for their support [2]. - Metalex Commodities CEO Ayo Sopitan highlighted the collaboration between the U.S. and Zambia to develop world-class copper-cobalt resources, aiming to empower industries and strengthen long-term economic cooperation [2]. Group 3: Strategic Importance - Senator Ted Cruz underscored the importance of U.S. involvement in African mining development, stating that critical minerals are foundational for future economies and that the U.S. must not fall behind China in this sector [2].
参议员 Ted Cruz 主持 USTDA 与 Terra Metals Inc. 及 Metalex Commodities 签署赞比亚的 Kazozo 铜钴项目拨款签约仪式
Globenewswire·2025-09-22 16:38