Mining

Coltan: Rwanda ranks top global exporter for the fifth time in 10 years

Coltan: Rwanda ranks top global exporter for the fifth time in 10 years
Monday, 08 April 2024 17:58

The Democratic Republic of Congo (DRC) and Rwanda are the world's top exporters of coltan, a mineral used to make key components of electronic devices like computers and smartphones. Together the two countries exported 32,702 tons of coltan between 2014 and 2023. 

The Democratic Republic of Congo (DRC) exported 1,918 tons of coltan in 2023, while Rwanda exported 2,070 tons. According to official data compiled by the Ecofin Agency, this is the fifth time since 2014 that Rwanda has exported more coltan than its neighbor. 

In addition to last year, Rwanda exported more coltan than the DRC in 2014, 2015, 2017, and 2019. After peaking at 2,302 tons in 2014, Rwandan coltan exports have fluctuated, remaining below 2,000 tons until last year. 

Meanwhile, the DRC exports peaked in 2020, at 2,466 tons. Over the past decade, both countries swapped seats as the world’s top coltan exporter, but the DRC exported the most coltan overall–17,330 tons against 15,374 tons for Rwanda.

1 tonnesColtan: DRC's Export vs. Rwanda's Export

The previous figures do not account for smuggled coltan. A key mineral for making electronics, coltan is largely mined artisanally, particularly in the North and South Kivu regions (DRC). Corruption and armed groups make controlling the activity in these areas difficult. Also, some multinational corporations fuel the smuggling by turning a blind eye to the origin of the coltan they purchase.

"A United Nations investigation revealed that many trading posts knowingly purchase coltan from areas controlled by armed groups and exploit the distinction between them and traders to claim ignorance of the ore's origin […] International companies then transport the ore directly to the destination country or re-export it through Uganda and Rwanda to processing facilities abroad," a report published in March 2022 by ENACT, a transnational organized crime-fighting initiative, states.

1 enact

Titled "Mining and Illicit Trading of Coltan in the Democratic Republic of Congo," the document highlights Rwanda as the preferred route for illicit coltan trade. Kigali does not levy taxes on mineral exports and allows imported goods to be rebranded as "Made in Rwanda" provided they are transformed within the country with a minimum 30% value addition. "It is thus likely that the majority of coltan exported from Rwanda originates from the DRC," ENACT concludes.

Among recommendations to halt this illegal trade, ENACT suggests that the Congolese government develop a national due diligence method to trace coltan shipments to their source, with support from global coalitions of nonprofit organizations.

On a sub-regional level, the International Conference on the Great Lakes Region should review its commitment in the DRC, Burundi, Rwanda, and Uganda to encourage partnerships with civil society for coltan tracing and certification. Multinationals are urged to implement traceability programs by verifying their coltan supply chains.

Emiliano Tossou

On the same topic
Kavango Resources raised $8.4 million through share placements in London and Victoria Falls. The funds will support the Hillside gold project and...
Niger has declined to extend Savannah Energy’s exploration permits in the Agadem basin. The decision concerns four oil blocks covering more than 13,000...
Blencowe Resources confirmed a new graphite deposit at its Orom-Cross Graphite Project, expected to become Uganda’s first graphite mine. The new...
Côte d’Ivoire and Azerbaijan held talks in Abidjan on potential joint projects in oil and gas. Azerbaijan’s state oil company SOCAR recently...
Most Read
01

Military escalation between Iran, Israel, and the United States has raised the risk of disruptions...

As Hormuz and Suez Tensions Escalate, Africa Faces a Potential Energy and Trade Shock
02

Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...

Ethiopia’s State-Owned Telco Teams Up With Ericsson to Expand and Upgrade Its Network
03

Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...

Nigeria Advances Banking Reform With Strong Recapitalization Progress
04

Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...

Senegal Launches $360 Million Regional Bond Sale
05

The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...

BCEAO Cuts Key Rate to 3.00% as WAEMU Faces Deflation
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.