Bill Gates and Jeff Bezos-backed KoBold says China could delay its $50 million DRC lithium hunt by a year
American mining company KoBold Metals says its $50 million search for lithium in the Democratic Republic of Congo could be delayed by a year as specialised surveying equipment remains caught in a United Nations approval process.
By Ayodeji AdegboyegaSouth Africa

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KoBold Metals is backed by prominent investors including Bill Gates and Jeff Bezos as it expands its search for critical minerals in Africa. [GETTY IMAGES]
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About this article
- Length
- 25 words · 1 min read
- Published
- October 31, 2026
- Byline
- Ayodeji Adegboyega
- Source
- Business Insider