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White House official urges US mining projects in ‘risky’ nations [Video]

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USA Economy and Markets
  • Amos Hochstein, a White House senior adviser, has voiced the need to promote mining in countries that may be deemed ‘risky’ by corporations.
  • Hochstein urged support for projects in countries with mineral wealth but facing challenges like poor standards and political instability.
  • He warned that Western reluctance to engage in these countries jeopardizes the energy transition and causes further dependence on China.

The United States and its allies must encourage mining projects in countries where Western corporations are reticent to do business to guarantee a reliable and sustainable global supply of the critical minerals needed to combat climate change, a senior White House official said on Monday.

In a stark warning, White House senior adviser for energy and investment, Amos Hochstein, said mineral resources in nations like the Democratic Republic of Congo and Zambia were essential to meeting enormous global demand for clean energy components and power infrastructure to support the growth of …

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