Africa's mining sector, rich in cobalt, lithium, and other critical minerals, aims to boost exploration, extraction, and value addition at the upcoming Critical Minerals Africa summit.
Africa's mining sector holds vast untapped potential, with significant contributions to GDP and exports. Minerals like gold, lithium, and cobalt are crucial for digital and low-carbon technologies, making Africa a strategic partner in the global transition to renewable energy. The continent's rich mineral reserves include two-thirds of global cobalt, 30% of lithium, and considerable shares of manganese, copper, and iron ore. The upcoming Critical Minerals Africa summit aims to explore ways for Africa to increase exploration, extraction, and value addition through local refining and manufacturing.
June 24, 2024
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