This audio is brought to you by Astec Industries, a Global Leader in manufacturing equipment for infrastructure, including asphalt production, construction, and material processing, driving innovation and sustainability.
Collectively, Africa's critical mineral resources are attractively expansive. Could BRICS potentially become a widespread new-era platform for distinctive mining and metals collaboration and cooperation, as some are suggesting?
At last week's Investing in African Mining Indaba in Cape Town, the need for well-endowed Africa to add value to its minerals in Africa for Africa was declared a must.
The ten BRICS countries now comprise more than a quarter of the global economy and almost half of the world's population and BRICS-related thoughts are already beginning to emerge from the private sector.
Prisma Training Solutions MD Jacques Farmer opined on Monday, February 10, that South Africa's membership in the BRICS economic bloc offers "a unique platform" to capitalise on this country's mineral endowment.
In addition to the abundance of mineral resources positioning South Africa strategically, Farmer's view is that South Africa's contribution to BRICS should not be limited to resource extraction alone.
"South Africa has a long and distinguished history in mining, amassing a wealth of expertise in areas like mine management, geology, and safety protocols. This knowledge and experience can be invaluable for developing the mining sectors of other BRICS nations," Farmer adds in his opinion release to Mining Weekly.
'C' IN BRICS PRESENTS PROFOUND POSSIBILITIES
China dominates much of the world's mineral processing and related supply chains, as Andaman Partners CEO Kobus van der Wath pointed out in Mining Weekly on January 31.
The processing of rare earths, graphite, cobalt, lithium and manganese takes place overwhelmingly in China, which is developing closer relations with BRICS, reported Van der Wath, who, at last week's Mining Indaba, also highlighted his company's role as a driver of cross-border trade in the African mining industry.
Within BRICS is considerable expertise. For example, South Africa, the 'S' in the acronym, is punching way above its head in the field of battery-grade manganese.
Moreover, South Africa poised to return to producing ferromanganese, where, not that long ago, it was globally dominant.
Very impressively, the world's purest manganese metal is being beneficiated into battery-grade manganese at the lowest incentive price of any of the new, non-Chinese high-purity manganese sulphate monohydrate suppliers, or future suppliers, the Mintek@90 conference heard in November.
South Africa makes money at $2 500/t on the high-purity manganese sulphate monohydrate it produces in this way, whereas the feasibility studies of the other new, non-Chinese suppliers, or future hopefuls, are calling for far higher $3 500/t to $5 000/t price viability levels.
Manganese fines and ultrafines, which are usually discarded on to a waste dump, are used by South Africa's Manganese Metal Company in Mpumalanga to make the world's purest 99.9%-pure manganese, with 20% to 30% of its current sales going into the battery sector.
Major advances are also being made by South Africa in the recovery of critical rare earth elements from phosphogypsum.
So, BRICS members are not only active in the mining of raw ores, but also advanced in adding value to those ores, which is just what we Africans need to expand as part of the new era confronting us as a result of disrupted global economics and politics.
On the ferromanganese front, steps are being taken by Menar to restart Metalloys in Meyerton, Gauteng,under the new name of Khwelamet.
MINING INDUSTRY ASSOCIATION IN PLACE
Already established is the Mining Industry Association of Southern Africa (MIASA), whose members include the Chamber of Mines of Democratic Republic of Congo and Minerals Council South Africa
Just within MIASA alone, several more African countries could be added.
...