Business Emerging Markets Energy

US ramps up efforts to access Africa’s critical minerals to counter China’s dominance

Africa will play a “huge role” in America’s critical mineral strategy, says US Deputy Treasury Secretary Wally Adeyemo who used his five-day trip to South Africa to express his country’s ambitions of securing metals needed for the global energy transition. Africa’s natural richness, which includes many so-called critical minerals, such as chromium, cobalt, copper, gold, […]

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UK Mining Firm CMR Gets Four New Exploration Permits in Morocco

UK Critical Mineral Resources plc is expanding its operations in Morocco with the acquisition of four new exploration permits in the Rabat and Beni-Mellal regions, covering an area of approximately 80 km2. Three new permits comprise the Meseta Project, primarily prospective for copper. In a press release issued Wednesday, the Company said the Meseta project […]

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Namibia bans export of unprocessed vital minerals used in clean energy technologies

Namibia’s government has banned the export of unprocessed lithium and other critical minerals to capitalize on the growing global demand for metals used in clean energy technologies. The move prohibiting the export of unprocessed crushed lithium ore, cobalt, manganese, graphite and rare-earth metals and elements is in line with the South African country’s aim to […]

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EV Battery: Morocco to Host Africa’s 1st Gigafactory, Attracting over $ 6.5 Bln Investment

Gotion High-Tech, a Chinese electric vehicle battery giant, will inject over $ 6.5 billion in a gigafactory in Morocco. It will be the first in Africa, creating more than 25 000 jobs and strengthening the country’s leading position in the automotive industry. The announcement of this EV battery industrial eco-system was made Thursday in Marrakesh […]

Energy Headlines Morocco

EV Battery: Morocco’s Manganese Mine Attracts Canadian Gold Company

Canadian mining company “Gold Lion” announced on Thursday the development and exploration of a manganese mine in Morocco by signing a letter of intent to acquire a 50% interest in a mining license from Ermazon SARL, a wholly owned subsidiary of Elcora Advanced Materials Corp. Manganese is an electric vehicle or “EV” metal used to […]