Critical Minerals and Renewable Energy: A New Era for South Africa's Mining Industry
Thursday, 26 September 2024, 11:38
Clean Energies and Rare Earth Elements as Opportunities
As the *government of national unity*, led by Cyril Ramaphosa, aims to pivot towards critical minerals, it's vital to explore how *South Africa* could excel in renewable energies. Mining cadastre management is crucial in tracking resources effectively.
Understanding the Mining Landscape
- Mining currently lags behind the booming oil and gas sector, valued at $7 trillion.
- Projections indicate that by 2030, this may rise to $9.3 trillion, creating shifts in the global mining landscape.
Addressing Mining Challenges
- Government Investment: Increased funding is required for mining infrastructure.
- Policy Reform: Enhancing regulatory frameworks will be vital for attracting investment.
- Skills Development: Training programs must focus on critical mineral extraction and management.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.