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Angola Aims to Become a Leader in Critical Minerals Export

Angola is determined to become a leading exporter of critical minerals within 10 to 15 years, highlighted through the African Mining Week event. With 34 identified critical minerals, the government promotes investment to diversify the economy. Several mining projects, including rare earth, copper, and lithium developments, are advancing, with AMW 2025 serving as a platform for fostering international partnerships and showcasing Angola’s resources.

Angola aims to emerge as a leading exporter of value-added critical minerals over the next 10 to 15 years. The upcoming African Mining Week (AMW), a premier mining event in Africa, will emphasize Angola’s potential as a global critical minerals exporter. The country has identified 34 of the 54 critical minerals recognized by the European Union in its mineral-rich areas, and it is enhancing exploration and downstream projects to maximize industry potential.

The Angolan government is actively promoting investment throughout the critical mineral value chain as part of a strategy for economic diversification and increased revenue from mining. AMW offers a vital platform for examining mining opportunities across Africa. Scheduled alongside the African Energy Week: Invest in African Energy 2025 conference from October 1 to 3 in Cape Town, the event provides sponsors, exhibitors, and delegates with opportunities to engage with industry leaders by contacting [email protected].

Several mining initiatives are currently underway in Angola. For instance, UK-based Pensana secured funding from South Africa’s Absa Bank in January 2025 to fast-track the Longonjo Rare Earth Project with an investment of $325 million. This initiative is projected to supply 5% of the world’s high-grade rare earth carbonate, generating $6 billion in export revenue and contributing $1 billion in tax revenue to regional treasuries.

Additionally, Chinese firm Shining Star plans to start production this year at the 40-million-ton Mavoio-Tetelo copper project in northern Angola. This endeavor is expected to yield 300,000 tons of copper annually, significantly enhancing Angola’s mining revenue. Meanwhile, Australian company Tyranna Resources, in partnership with China’s Sinomine, is progressing with multiple lithium projects, including the Namibe and Muvero lithium mines.

Angola is also developing a $250 million manganese-to-silica processing facility in collaboration with Chinese firm ST New Materials, which is anticipated to commence operations in 2025. Moreover, initiatives are in place to produce steel from iron mined in the Kasinga region. As Angola aims to attract new investments across the critical mineral value chain, AMW 2025 will congregate local stakeholders and international investors to explore partnerships and growth opportunities in the industry.

AMW will feature panel discussions, project presentations, and exclusive networking events, facilitating connections between global investors and Angola’s burgeoning critical minerals market.

Angola is positioning itself as a significant player in the critical minerals market, targeting exports and increased investment through strategic initiatives and events like AMW 2025. The focus on developing a diversified mining sector underscores its commitment to economic growth and maximizing revenue generation from its rich mineral resources. The collaboration with global entities exemplifies Angola’s proactive approach to industry expansion.

Original Source: www.zawya.com

Jamal Walker is an esteemed journalist who has carved a niche in cultural commentary and urban affairs. With roots in community activism, he transitioned into journalism to amplify diverse voices and narratives often overlooked by mainstream media. His ability to remain attuned to societal shifts allows him to provide in-depth analysis on issues that impact daily life in urban settings. Jamal is widely respected for his engaging writing style and his commitment to truthfulness in reporting.

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