Kenya and the United States are nearing a major agreement covering rare earths and other strategic minerals, potentially unlocking deposits valued at over $60 billion. President William Ruto said discussions with President Donald Trump have focused on building an investment-based partnership to ensure minerals are processed in Kenya rather than exported in raw form. The proposed deal aligns with a broader African push for value addition, industrialization, and job creation through the use of the continent’s natural resources. The deal forms part of Kenya’s goal to leverage its deposits of rare earth elements, lithium, graphite, copper, nickel, and niobium to position itself as a regional processing hub for minerals essential to electric vehicles, renewable energy technologies, and advanced manufacturing.
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