Recent green metals Developments in South Africa
South Africa’s partaking in the global value chains for green and transition minerals is currently concentrated at the initial stages through exploration, extraction, and some processing. For example, South Africa produces nickel, and vanadium electrolyte for flow batteries. Locally assembled lithium-ion batteries are used in various applications, such as remote power systems and off-grid renewable energy projects.
The Northern Cape region is emerging as a key player with advancements in copper-zinc ventures and the discovery of copper-nickel deposits. Production hubs like the Prieska Copper-Zinc Mine and Okiep Copper Project are expected to yield “green” metals.
A green hydrogen hub project in Saldanha Bay will utilise carbon capture technology and renewable energy-produced hydrogen for steel production.
A $1 billion investment partnership between QGlobal Commodities (QGC) and Abu Dhabi’s F9 Capital Management aims to develop vital green metal deposits like lithium, copper, and nickel across southern and eastern Africa.
Various new entrants are emerging in battery manufacture and assemblage.
Simply extracting green metals isn’t enough. Beneficiation, the process of upgrading the raw materials, is crucial for capturing a larger share of the value chain.
Investing in beneficiation facilities would allow South Africa to produce battery-grade lithium, high-purity manganese, and other value-added products. This not only increases export revenue but also positions thecountry as a potential hub for green technology manufacturing in Africa. Operating across the entire value chain, coupled with a commitment to Environmental, Social, and Governance (ESG) principles, offerssubstantial economic benefits, particularly concerning skill development and job creation in mining communities.
