The African continent is a treasure chest of untapped exploration pipelines for green metals and minerals and has significant reserves of platinum cobalt, chromium and other battery metals. Yet despite this, Africa trails far behind when it comes to exploration spend, making it the last untapped mineral-rich continent for pipelines. According to S&P Global World Exploration Trends 2023, exploration allocations on the continent increased by 11.6%, less than the global average. “The race is on to secure critical minerals which contribute towards the overarching need to deliver a low carbon economy. Disruptive conversations on how to open the gates to exploration in Africa are a key feature for Mining Indaba 2024.

Source: The North Africa Journal January 21, 2024 09:34 UTC