Risk averse Western miners lag as oil powers enter race for Africa’s critical metals

JOHANNESBURG/LONDON – Risk aversion is likely to leave major Western miners lagging in a race to tap Africa’s reserves of critical raw materials that has gathered pace now Middle Eastern oil powers have begun to emulate China’s years of investment on the continent. Attracting the capital needed to advance copper, cobalt, nickel and lithium projects in Africa will be high on the agenda when…

Source

Enjoyed this post? Share it!