Lithium prices in China spiked on Thursday following Zimbabwe’s sudden suspension of raw mineral exports. The move has ignited significant supply chain anxieties at a critical juncture, as the rapidly expanding energy storage sector continues to drive a massive market boom. Read: Samsung launches Galaxy S26 and S26+ with refined design The impact was immediately…
Africa hosts an estimated US$29.5 trillion in mine-site mineral value, representing about 20% of global mineral wealth, yet captures only a fraction of the economic value embedded in this endowment, a new study released yesterday by Africa Finance Corporation (AFC) has shown. Of this total, US$8.6 trillion remains undeveloped, reflecting an under-explored continent where fragmented…
The United States is developing plans with Mexico, the European Union and Japan to implement minimum prices for critical minerals, the U.S. trade representative said Wednesday. The Trump administration is exploring a partnership with Mexico on critical minerals as part of a scheduled review of the United States-Mexico-Canada trade agreement, or USMCA, by July 1….
China has gained a dominant position in Africa’s critical minerals sector through long-term investments in mining and refining capacity–factors that make it challenging for African countries to advance up the value chain. Global demand for critical minerals–nickel, graphite, manganese, cobalt, copper, lithium, and rare earth minerals–used in defense and aerospace systems, electronic vehicles (EV), semiconductors,…
President Bola Tinubu has called for a global framework that benefits communities hosting critical minerals in Nigeria and Africa, ensuring value addition at the source. This is coming just as Nigeria also backed the creation of global ethical standards for Artificial Intelligence, AI, aimed at accelerating development across the world. Tinubu made the call at…
US President Donald Trump said the deal had been negotiated over the last four to five months. Published On 20 Oct 202520 Oct 2025 Click here to share on social media share2 Share United States President Donald Trump and Australian Prime Minister Anthony Albanese have signed an agreement on rare earth and critical minerals as…
* Promises Nigeria’s commitment towards catalyzing mineral-led renaissance under Renewed Hope Agenda President Bola Tinubu has clamoured for a total re-phase in the global financial architecture of Africa’s mineral resources, saying it is time for its nations to begin to not only finance its mineral sector, but also assert their influence and power in the…
Africa is uniquely positioned to become a central player in the global critical mineral value chain as worldwide demand is expected to more than double by 2040, according to the latest Boston Consulting Group’s (BCG) report, which reveals Africa’s unique opportunity to transform from raw material supplier to strategic industrial partner. The report, which is…
Imagine running a business for over a century without knowing what’s in your warehouse. That’s essentially what many African countries are doing with their mineral wealth. Governments across the continent still have very little knowledge of what lies beneath their soil. Between the 18th and 20th centuries, European colonial powers exploited African mineral wealth for…
Pakistan, Somalia and Haiti are among 11 countries that have signed lobbying deals with Trump-linked figures, with many bartering key resources including minerals in exchange for humanitarian or military support Some of the world’s lowest-income and most aid-dependent nations are paying millions to lobbyists with ties to US President Donald Trump as the country halts…
