Africa: Mineral Beneficiation – a Pipedream of Prosperity in an Unequal Financial Architecture
Since 2023, 14 African countries have introduced export restrictions on unprocessed critical minerals, requiring “local beneficiation” – or in-country processing and manufacturing – prior to export, and demanding technology and financing. Wealthier countries are also supporting the idea of local beneficiation and stepping up investments in resource-rich countries, promising this will help to lift them…