Essential for the implementation of clean technologies and the establishment of energy security, Africa’s critical minerals are becoming increasingly attractive to global energy and mining players, particularly as the energy transition continues to stimulate demand and new discoveries reveal large-scale deposits.
According to the International Energy Agency (IEA), the average amount of mineral resources needed for a new unit of power generation capacity has increased by 50% since 2010, as the share of renewables in new investment continues to rise.
South Africa
South Africa is a leading producer of several critical minerals, including platinum group metals (PGM), manganese, chromium and vanadium – all of which are essential for the production of batteries and renewable energy components.
Jubilee Metals Group plc (LON:JLP) is a diversified metal recovery business with a world-class portfolio of projects in South Africa and Zambia. The Company’s expanding multi-project portfolio across South Africa and Zambia provides exposure to a broad commodity basket including Platinum Group Metals, chrome, lead, zinc, vanadium, copper and cobalt.
