South Africa has one of the richest sub-soil in Africa, housing large reserves of gold, iron ore, and coal. It also hosts critical minerals like platinum group elements (PGMs), manganese, and nickel, which are vital to energy transition.
South Africa has started exploring the definition of essential minerals within a national framework, separate from global standards. This initiative was highlighted by Gwede Mantashe, South Africa's Minister of Mineral and Petroleum Resources, during his remarks on February 3 at the African Mining Indaba in Cape Town.
He emphasized the need to reevaluate the classifications set by Western powers, which have defined these minerals based solely on their significance in the energy transition, particularly highlighting “green minerals.” This perspective overlooks the realities of his country and neglects other crucial factors, including mobility, medical applications, and the digital economy.The research is anticipated to receive approval from Minister Mantashe's cabinet by the end of this month.
Mantashe also highlighted coal as an essential mineral due to its significance to the national economy, which suggests that South Africa's classification of critical minerals may differ from international perspectives, as coal is not typically recognized globally as essential for the energy transition.
Despite the government's new methodology, it is important to recognize that South Africa already possesses several critical minerals per global standards, including platinum group metals (PGMs), manganese, and nickel. Alongside coal, the country's subsoil is rich in other valuable resources such as gold and iron ore.
Mantashe has ultimately encouraged other African nations to adopt South Africa's approach in redefining their critical minerals. Notably, Africa is estimated to hold around 30% of the global reserves of minerals essential for the energy transition.
Aurel Sèdjro Houenou (intern)
• Global coffee consumption projected to hit a record 169.4 million 60-kg bags in 2025/2026, up from...
In a West African financial landscape marked by tighter regulation of the fintech sector, digital fi...
• Burkina Faso-based financial group, Vista Group Holding, has acquired a majority stake in Société ...
Transport and food prices have been climbing steadily across Africa in recent years. In Côte d’Ivoir...
• Kenyan President William Ruto signs strategic partnership with UK Prime Minister Keir Starmer to b...
• Investors seem to keep focusing on yields, which are high for the moment• New Leadership might seek to address rating concerns • April 2026 allows...
• Algeria grants commercial 5G licenses to top three telecom operators: Mobilis, Djezzy, and Ooredoo • License award comes on stream as part of the...
• The International Monetary Fund (IMF) has authorized a $262.3 million disbursement for Ethiopia, taking total payments under Extended Credit...
• ECOWAS Bank funds 47.7-km stretch of strategic 700-km road project• Lagos-Calabar highway seen boosting regional trade and investment• Part of broader...
The Gerewol tradition is a fascinating ritual celebrated by the Bororo Fulani, a nomadic community primarily located in Chad and Niger. This annual...
In northern Ethiopia, in the Tigray region, lies Axum (also spelled Aksum), an ancient city that once stood at the heart of one of Africa’s most powerful...