Minerals of the future: an untapped goldmine for SA?

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The 2023 Investing in Africa Mining Indaba left pundits optimistic about the opportunity the energy transition offers Africa mining in general, especially if the region can get mineral beneficiation right.

As the energy transition gathers pace, the production of certain critical minerals in the manufacture of everything from solar panels to wind turbines and electric vehicles is forecast to rise by up to 500% by 2050, according to the World Bank.

With 30% of the world’s mineral reserves, including many of the minerals necessary for renewable energy and green technology, Africa could be a key beneficiary of this new “gold rush”. It was no surprise therefore that the global scramble for energy transition minerals was touted as a potential gamechanger for the continent at this year’s Mining Indaba.

In the latest episode of the No Ordinary Wednesday podcast, Investec analysts Nkateko Mathonsi and Herbert Kharivhe, who attended the world’s largest mining investment conference, share their insights on whether South Africa can overcome our challenges to get a piece of the pie.

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