KoBold Metals has launched a lithium exploration campaign in the Democratic Republic of Congo, with plans to invest approximately $50 million by the end of the first quarter of 2027. The U.S. company said it will conduct exploration across 13 licenses in the country's southeast, with a particular focus on the Manono region in Tanganyika province.

According to data released by the company and reported by several international media outlets, the program covers permits spanning more than 3,000 square kilometers, with plans to expand that area to 5,000 square kilometers by year-end. It includes airborne surveys over 30,000 square kilometers, as well as drilling and sampling work aimed at identifying new lithium resources. Of the total announced budget, $20 million has already been committed to securing the permits.

KoBold says it intends to use its artificial intelligence-driven approach to sharpen geological analysis and accelerate the identification of the most promising targets. This approach is central to the company's strategy as it seeks to reduce the time required to discover economically viable deposits.

The campaign launches several months after KoBold stepped up its expansion in the DRC. In August 2025, the group secured seven exploration permits in the country, including four in Manono and three in Malemba Nkulu, before further expanding its portfolio in early 2026. Africa Intelligence reported in early March that the company then held rights covering around 3,500 mining blocks in the former Grand Katanga, with ambitions to continue acquiring more.

Manono Deposit

On social media, KoBold DRC Chief Executive Benjamin Katabuka described the initiative as a large-scale operation and said the DRC was emerging as one of the world's future major sources of lithium. The comment comes as competition intensifies over the Manono region, which is home to one of the most coveted lithium deposits in the world.

KoBold's ambitions, however, extend beyond its own permits. The group is also seeking a stake in the development of the Manono lithium deposit, which is the subject of a dispute between AVZ Minerals and the Congolese state. To proceed, KoBold will need to resolve the dispute. On May 6, 2025, the two companies announced a framework agreement under which "AVZ would transfer its commercial interests in the Manono lithium deposit to KoBold, at fair value." No final agreement has been reached since then.

Already active in Zambia at the Mingomba copper deposit, KoBold is seeking to strengthen its footprint in critical metals across central Africa. In the DRC, the campaign’s success will depend on early field results. While new discoveries would mark an important milestone for the group, the potential development of a large-scale lithium mine will require several more years of investment and work.

The campaign is being launched as ties between Washington and Kinshasa deepen over critical minerals. The United States and the DRC signed a strategic partnership on Dec. 4, 2025, designed to facilitate access for American investors to certain strategic mineral resources in the country, including copper, cobalt, lithium and tantalum.

Pierre Mukoko