(3 Minutes Read)
The event is taking place against the backdrop of the forecast of the International Energy Agency (IEA), that the demand for metals like lithium, cobalt, and other key minerals could increase sixfold within 20 years
The African Mining Indaba 2024, an annual event for promoting investment in the African mining sector, began yesterday (Monday) in Cape Town. Metals, essential to ensure the energy transition and green technologies, will be central to the discussions. The event is taking place against the backdrop of the forecast of the International Energy Agency (IEA), that the demand for metals like lithium, cobalt, and other key minerals could increase sixfold within 20 years.
Despite a decline in recent years in investments for exploration on the continent, experts remain confident. The trend will reverse, given the appetite for minerals essential to the energy transition. All players in the sector are now highlighting their “ ESG”, (environmental, social, and governance criteria), the cornerstone of African mining development in good conditions.
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The Prime Minister of the Democratic Republic of Congo (DRC), Jean-Michel Sama Lukonde Kyenge, will be present in Cape Town. The DRC is one of the largest green metal-producing countries in the world. With untapped deposits of cobalt, copper, diamond, gold, and other minerals estimated at US$24 trillion, the DRC holds a leading position in Africa’s mining industry. This gathering comes when mining safety is the center of attention.
