Mining

Critical Minerals: South Africa to Establish Own Definition

Critical Minerals: South Africa to Establish Own Definition
Thursday, 06 February 2025 16:41

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)

On the same topic
Shell plans to launch an exploration campaign of around five wells on PEL 39 starting April 2026. Shell recently booked a $400 million...
Blencowe raises £3 million via share placement for Uganda graphite project Funds support Orom-Cross development amid delayed lender financing...
Funds expand equipment credit for off-grid solar mini-grids in Africa Platform targets $800 million solar equipment orders over four years...
Floating regasification unit planned at Nador West Med port Project aims to secure gas supply after pipeline halt Morocco plans to commission its...
Most Read
01

Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...

Omer-Decugis & Cie Expands Mango Operations in West Africa
02

Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...

AfDB Re-engages Eritrea With Strategy Focused on Infrastructure, Climate Resilience and Regional Integration
03

Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...

Malawi: New $100M Cement Plant Targets Forex Crisis but Faces Energy Reality
04

Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...

Nigeria Pursues Boeing, Cranfield Partnership to Establish Aircraft Maintenance Center
05

Benin says a coup attempt was foiled, crediting an army that “refused to betray its oath.” ...

Benin Government Says Attempted Coup Against President Talon Has Been Foiled
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.