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The Critical Minerals Africa (CMA) Summit – the leading investment platform for Africa’s critical minerals sector – will hold its second summit in Cape Town on November 6-7. The CMA 2024 Summit will bring together policymakers, project leaders and key stakeholders across the African and global critical minerals value chain to unlock and promote investment opportunities in Africa’s mining sector.
The African continent holds 30% of the world’s reserves of critical minerals, including lithium, cobalt, platinum group metals (PGMs) and copper, which are essential for energy transition and Fourth Industrial Revolution technologies. To capitalize on the growing demand for transition metals and minerals, Africa’s leading mining markets are looking to promote investment in the critical mineral supply chain to maximize production, diversify exports and drive manufacturing and end-use applications of critical minerals across the continent.
The inaugural CMA saw over 250 delegates from 16 countries, over 40 speakers, as well as ministers, mining companies and organisations, attend a full day of discussions, networking and signings. Held in conjunction with Africa Energy Week: Investing in Africa Energy Conference, CMA 2024 is larger and more extensive, with over 50 speakers, dedicated project and mineral showcases, four different forums and a series of technical demonstrations and panel discussions over two days. CMA 2024 is hosted by Energy Capital & Power (ECP) with official partners including Critical Minerals International Alliance, African Energy Chamber, Southern Africa-German Chamber of Commerce, Moore Global, Rystad Energy and the Mozambique Chamber of Mines.
Speakers confirmed to attend include the Minister of Mines of South Sudan, His Excellency Martin Gama Abucha (photo), the Minister of Mines of Malawi, Monica Chang’anamuno, the British High Commissioner to South Africa, Antony Phillipson, the Founder and COO of Critical Minerals International Alliance, Tim George, CEO of Pensana, Errol Smart, CEO of Orion Minerals, Vinay Somera, CEO of Isondo Precious Metals, Thomas Gono, Chairman of the Zimbabwe Chamber of Mines, Geert Klok, Chairman of the Board of the Mozambique Chamber of Mines, and Sokwani William Chilembo, CEO of the Zambia Chamber of Mines, among other distinguished speakers.
Building on the success of the inaugural event, CMA 2024 expands its agenda to bring together Africa’s leading mining companies, project developers and industry stakeholders
A high-level Ministerial Forum will bring together government officials from across the continent and around the world to discuss the policy frameworks, infrastructure requirements and international cooperation needed to advance Africa’s critical minerals sector. A dedicated Investment Forum will showcase strategic opportunities for producers and buyers across the critical minerals and rare earths spectrum, while a Leaders Forum will explore key trends and policy initiatives that are ushering in a new era of success for Africa’s mineral producers. To showcase South Sudan’s cutting-edge mining potential, CMA 2024 will host the inaugural South Sudan Mining Forum, which aims to attract investment in the exploration and mining of the country’s potential gold, zinc, manganese, nickel and cobalt deposits.
Another regional focus is Southern Africa, where mining is a major driver of GDP and employment, and the region holds half of the world’s vanadium, platinum and diamonds, as well as significant gold and cobalt reserves. Zambia, one of the world’s leading copper producers, recently introduced the Mineral Regulatory Commission Bill to simplify mining licensing and fiscal terms, with a goal of achieving 1 million tonnes of copper production by 2026. Meanwhile, South Africa is advancing its platinum group metals industry – which holds more than 90% of the world’s reserves – to meet growing demand for energy transition technologies, including green hydrogen and fuel cell applications.
In the area of logistics, African producers are looking to strengthen the mining sector’s infrastructure to advance mapping and exploration activities while ensuring the establishment of value-added industries. The multinational Lobito Corridor conference will explore opportunities for Angola, Zambia and the Democratic Republic of Congo in facilitating the trade of minerals from the Copperbelt region into international markets. The project has received significant financial commitments from global partners, including USAID, Africa Finance Corporation, African Development Bank, European Commission and the governments of the United States, United Kingdom and Germany, and is a successful example of attracting foreign investment and gaining broad international support.
“Building on the success of the inaugural summit, CMA 2024 expands its agenda to bring together Africa’s leading mining companies, project developers and industry stakeholders. This year’s summit will help unlock investment opportunities in Africa’s critical minerals sector, ensuring long-term and inclusive growth for the industry, while supporting the global energy transition,” said James Chester, Senior Director at ECP.
CMA is the largest gathering of critical minerals stakeholders in Africa. Taking place in Cape Town on November 6-7, the event positions Africa as a leading investment destination for critical minerals. This year’s event theme, “Innovate, Develop, Invest in Africa’s Critical Minerals to Sustain Global Growth”, connects African mining projects and regulators with global investors and stakeholders to fully tap the potential of the continent’s raw materials. Sponsors, exhibitors and delegates can find out more by contacting sales@energycapitalpower.com or visiting https://CriticalMineralsAfrica.com.
Distributed by APO Group on behalf of Energy Capital & Power.
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