China’s New Front in Trade War with Australia

The end came as a bitter finale to the decades-old story of conspiracy and tragedy.

Sundance Resources, a Perth-based minnow minnow located high in the mountains that straddle the border between Cameroon and the Republic of the Congo, saw its future disappear in accusations of deception and corruption.

After more than six months of controversy with the Congolese government and threats of legal action, Sundance boss Julio Casero is a Australian-registered company with ties to his former partner, the Chinese government. I realized I was afraid that I had robbed my major assets.

Working with another group related to Beijing, it has deprived West Africa of the right to develop one of West Africa’s most promising iron ore deposits, the Mubaram-Naveba project, which has been the main focus of Sundance for over 15 years. It was.

“The Government of Cameroon has refused to enter into force our mining license and is currently working with the Government of Congo to deprive us of our rights to the Mbalam-Naveba project, doing nothing and spending nothing on either. It seems that they are giving them to their Chinese partners. The country, “said Mr. Casero, who was furious.

That is not entirely correct. While these particular companies may not have invested in two West African countries, Beijing has long turned to the resource-rich and poor countries scattered along the Atlantic coast.

Sundance, whose history has been confirmed in the area, bribed President Congo and the current Minister of Mining in the face of an investigation of allegations by the Australian Federal Police, but was suddenly stripped of mining rights in Congo. It’s not just Australian companies.