The European Union’s recently agreed-upon Critical Raw Materials Act (CRMA) does not target China but is aimed “simply [at] diversifying sources of supply,” a senior EU official has said, just as a recent study highlighted the bloc’s continuing efforts to close deals with resource-rich African nations to reduce its dependence on China for critical raw […]
Tag: Platinum
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, […]
Morocco: Platinum Power & Chinese CFHEC ink deal for hydro-power projects across Africa
Platinum Power and Chinese state-run engineering company CFHEC have agreed partner in the financing and construction renewable energy projects across the African continent, reports say. Both companies during agreement signed in Beijing Wednesday, also to partner for the construction a $300 million hydropower plant in central Morocco, Platinum Power’s chief executive Omar Belmamoun told media. […]


