9 Hrs
Source:
الاقتصادية
Africa's metal industry faces power issues
The article addresses the challenges and opportunities in mineral processing in Africa, where governments are seeking to develop local value-added sectors through processing and refining industries. For example, Guinea is collaborating with international investments to establish alumina refineries and develop iron plants. However, it faces a major obstacle in the form of inadequate access to sustainable and reliable electricity, which is essential for operating these plants competitively on the global stage. The article highlights that high electricity costs and poor infrastructure hinder the growth of mineral processing industries, especially in South Africa, where soaring energy prices have led to the closure of many smelters. Meanwhile, countries like China are investing in massive and reliable refining capacities, putting pressure on the African market. The piece emphasizes that improving energy supply and investing in infrastructure and sustainable power sources are key to supporting Africa’s mineral industries and maximizing the value derived from its mineral resources.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)