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28 Oct 2024

CMA 2024: Regional Mining Associations to Unlock Africa’s Potential

CMA 2024: Regional Mining Associations to Unlock Africa’s Potential
With Africa possessing 30% of the world's critical mineral resources, the Critical Minerals Africa (CMA) 2024 summit aims to optimize their exploitation for economic growth. This two-day event will bring together African and global mining associations to promote collaboration across the mining value chain and unlock new partnership and deal opportunities.

CMA 2024 will host discussions on best practices for driving value addition, improving enabling environments and enhancing sustainability, all under the theme: Innovate. Enact. Invest in African Critical Minerals to Sustain Global Growth. Participating organizations include the Mining Industry Association of Southern Africa (MIASA), Zambia Chamber of Mines, Chamber of Mines of Zimbabwe, Tanzania Chamber of Mines, Minerals Council South Africa, Southern African-German Chamber of Commerce and Industry and the SA-DRC Chamber of Commerce.

Scheduled for November 6-7, the CMA Summit positions Africa as a prime destination for critical mineral investment. It coincides with African Energy Week, running November 4-8 in Cape Town, offering delegates access to key leaders in energy, mining, and finance. More information is available at [email protected].

With revenue from critical minerals expected to surpass $16 trillion by 2050, Africa aims to capture a 10% share, leading to a 12% GDP increase driven by the energy transition metals sector. Key figures like Vusi Mabena, Executive Secretary of MIASA, and Sokwani William Chilembo, CEO of the Zambia Chamber of Mines, will explore emerging opportunities transforming southern Africa, including Zambia’s expanding copper market, Zimbabwe’s promising lithium prospects and Tanzania’s growing graphite and rare earth metals sector. Chilembo will speak alongside representatives from Pensana, the U.S. Development Finance Corporation, Clifford Chance LLP and Frost & Sullivan Africa to discuss the Lobito Corridor's impact on regional logistics and Zambia’s goal to reach three million tons of copper production annually by 2030.

As South Africa aims to enhance value addition for its platinum group metals, Sietse van de Woude, Senior Executive at the Minerals Council South Africa, will lead discussions on strategies to strengthen Africa’s mineral processing capabilities, joined by representatives from Glencore DRC, KoBold Metals and the University of Cape Town. Selleen Sewpershad, Head of Competence Center: Mining & Mineral Resources at the Southern African-German Chamber of Commerce and Industry, will participate in discussions on advanced manufacturing and the end use of Africa’s critical minerals, while Thierry Naweji, Executive Chairman of the SA-DRC Chamber of Commerce, will explore opportunities for regional collaboration in developing battery clusters and local production zones.

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