Tag: Benchmark Mineral Intelligence
Africa Energy Features International

Africa’s rare earths to boost global supply, adding 9% to market, by 2029 — report

North Africa PostComments Off on Africa’s rare earths to boost global supply, adding 9% to market, by 2029 — report

Currently a minor player in the rare earth market, African mines have the potential to supply almost 10% of the world’s rare earth elements by 2029, thereby introducing alternative suppliers into a market currently dominated by China, according to a latest forecast by Benchmark Mineral Intelligence. China’s current domination of the global market for rare […]
Asia Business Emerging Markets Europe Headlines International

Western firms losing out to China in ‘white-gold’ rush for Africa’s lithium

North Africa PostComments Off on Western firms losing out to China in ‘white-gold’ rush for Africa’s lithium

European and other Western companies face losing out on sub-Saharan African lithium supply to Chinese companies whose grip on the critical mineral got even tighter last year when African exports of lithium, which mostly go to China, rose sharply between August and November. Already dominant in the cobalt and copper sectors in Africa, China is […]