Fellow Patriot: The voluntary financial generosity of supporters like you keeps our hard-hitting analysis coming. Please support the 2024 Year-End Campaign today. Thank you for your support! —Nate Jackson, Managing Editor

February 17, 2022

Hunter Biden’s ChiCom Cobalt Connection

He helped China acquire a near monopoly on the manufacture of electric vehicle batteries.

What does Hunter Biden know about making batteries for electric vehicles? Well, based upon a brief look into his past work history, the answer is likely very little indeed. Yet it does look like Hunter played a role in helping China secure its near global monopoly on the production of electric vehicle batteries.

One of the primary raw materials needed for the manufacture of EV batteries is cobalt, and the Democratic Republic of Congo holds an estimated 50% of the world’s cobalt reserves and makes up over 70% of the world’s entire cobalt production. China has been quite the active player in buying up some of the DRC’s largest cobalt mines, which is where Hunter Biden comes into play.

Back in 2013, Biden and two other Americans joined with Chinese partners to form an investment firm known as BHR. Biden was on the board, as were his two American partners, who combined held a 30% stake in the company. The majority of the company was owned and controlled by Chinese state actors like the Bank of China. It would appear the purpose of BHR was to help China finance and acquire various foreign auto-manufacturing and mining companies.

In 2016, BHR invested in and later sold its stake in CATL, a Chinese battery-making company that has become the world’s leading manufacturer of electric vehicle batteries. That same year, BHR helped Chinese mining company China Molybdenum buy the Tenke Fungurume cobalt and copper mine from American company Freeport-McMoRan by buying out a minority stakeholder, Lundin Mining of Canada.

As The New York Times reported back in November 2021, “Records in Hong Kong show that the $1.14 billion BHR, through subsidiaries, paid to buy out Lundin came entirely from Chinese state-backed companies.”

Part of the deal BHR made with China Molybdenum was an agreement to sell its newly acquired shares to the company, which it did two years later — effectively giving China Molybdenum 80% ownership of the mine.

As a founding board member of BHR, what was Hunter’s role in these deals? They have subsequently put the U.S. in a tenuous situation with the loss of greater access to cobalt. Moreover, with Joe Biden’s “green goal” of 50% EVs by 2030, who’s really benefiting from such a target? Seemingly, the most obvious answer would be China.

Republicans on the House Oversight Committee want answers, specifically regarding Hunter’s role in China’s acquiring of Tenke Fungrurume. “The American people deserve answers regarding why the Obama Administration — whether at then-Vice President Biden’s behest or not — watched in silence as an American company transferred control of this precious asset to a Chinese conglomerate and why Hunter Biden was — yet again — involved in international matters on which he has no expertise,” Rep. James Comer (R-KY) wrote in a recent request for documents pertaining to the transaction.

Comer further observed: “The loss of African cobalt mines to the Chinese is a severe blow to the United States’ ability to invest in green technology and lead the world by example. It is potentially a national security threat, and it was a loss orchestrated in no small part by the president’s son.”

Who We Are

The Patriot Post is a highly acclaimed weekday digest of news analysis, policy and opinion written from the heartland — as opposed to the MSM’s ubiquitous Beltway echo chambers — for grassroots leaders nationwide. More

What We Offer

On the Web

We provide solid conservative perspective on the most important issues, including analysis, opinion columns, headline summaries, memes, cartoons and much more.

Via Email

Choose our full-length Digest or our quick-reading Snapshot for a summary of important news. We also offer Cartoons & Memes on Monday and Alexander’s column on Wednesday.

Our Mission

The Patriot Post is steadfast in our mission to extend the endowment of Liberty to the next generation by advocating for individual rights and responsibilities, supporting the restoration of constitutional limits on government and the judiciary, and promoting free enterprise, national defense and traditional American values. We are a rock-solid conservative touchstone for the expanding ranks of grassroots Americans Patriots from all walks of life. Our mission and operation budgets are not financed by any political or special interest groups, and to protect our editorial integrity, we accept no advertising. We are sustained solely by you. Please support The Patriot Fund today!


The Patriot Post and Patriot Foundation Trust, in keeping with our Military Mission of Service to our uniformed service members and veterans, are proud to support and promote the National Medal of Honor Heritage Center, the Congressional Medal of Honor Society, both the Honoring the Sacrifice and Warrior Freedom Service Dogs aiding wounded veterans, the Tunnel to Towers Foundation, the National Veterans Entrepreneurship Program, the Folds of Honor outreach, and Officer Christian Fellowship, the Air University Foundation, and Naval War College Foundation, and the Naval Aviation Museum Foundation. "Greater love has no one than this, to lay down one's life for his friends." (John 15:13)

★ PUBLIUS ★

“Our cause is noble; it is the cause of mankind!” —George Washington

Please join us in prayer for our nation — that righteous leaders would rise and prevail and we would be united as Americans. Pray also for the protection of our Military Patriots, Veterans, First Responders, and their families. Please lift up your Patriot team and our mission to support and defend our Republic's Founding Principle of Liberty, that the fires of freedom would be ignited in the hearts and minds of our countrymen.

The Patriot Post is protected speech, as enumerated in the First Amendment and enforced by the Second Amendment of the Constitution of the United States of America, in accordance with the endowed and unalienable Rights of All Mankind.

Copyright © 2024 The Patriot Post. All Rights Reserved.

The Patriot Post does not support Internet Explorer. We recommend installing the latest version of Microsoft Edge, Mozilla Firefox, or Google Chrome.