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NIGERIA AND FRANCE SIGN MOU TO PROMOTE SUSTAINABLE MINING AND CRITICAL MINERALS DEVELOPMENT Nigeria and France have signed a landmark Memorandum of Understanding (MOU) to collaborate on the development of joint projects aimed at enhancing and diversifying the critical minerals value chain within Nigeria's solid minerals sector. The agreement, formalized during President Bola Ahmed Tinubu’s official visit to France, highlights both nations’ commitment to advancing clean energy technologies by securing and developing critical minerals like copper, lithium, nickel, cobalt, and rare earth elements. These minerals are essential to the global transition to sustainable energy systems. A key component of the MOU is the promotion of sustainable mining practices. Both countries pledged to implement initiatives that focus on reducing the environmental impacts of mining, such as mitigating carbon emissions and water consumption, and addressing climate change concerns. The MOU also envisions joint ventures in extractive industries and processing, co-financed by both public and private entities, aimed at securing a reliable supply of critical minerals while promoting decarbonization in energy value chains. The agreement also outlines the remediation of over 2,000 abandoned mining pits in Nigeria and the restoration of post-mining landscapes, a critical step in tackling the country's legacy of environmental degradation. Capacity building is another focal point of the agreement, with provisions for bilateral training programs, seminars, and exchanges aimed at improving expertise within the critical minerals sector. Dr. Dele Alake, Nigeria’s Minister of Solid Minerals Development, emphasized that the MOU supports the Tinubu administration’s plan to transform Nigeria's solid minerals sector into a globally competitive industry, creating opportunities for French investors in Nigeria's growing mining sector. This strategic partnership not only strengthens Nigeria’s commitment to sustainable economic diversification but also enhances international cooperation on sustainable mining practices. #CriticalMinerals #SustainableMining #NigeriaFrancePartnership #CleanEnergyTransition #MiningReform

Metalkol Enters Copper Mark for Sustainable Production in the DRC Eurasian Resources Group’s (ERG) Metalkol operation in the Democratic Republic of Congo (DRC) has officially embarked on the Copper Mark assurance process, following the signing of a letter of commitment on September 12. The Copper Mark, established in 2020, is an assurance framework designed to promote responsible sourcing and production within the copper, nickel, molybdenum, and zinc value chains. The assurance process is voluntary, transparent, and independent, involving evaluations by approved third-party assessors to verify Metalkol’s compliance with rigorous standards for responsible production practices. By participating in this process, Metalkol aims to demonstrate its commitment to sustainable and responsible operations, aligning with the Organisation for Economic Cooperation and Development’s (OECD) Due Diligence Guidance for Responsible Supply Chains of Minerals. “Metalkol is the first tailings reprocessing site to commit to the Copper Mark assurance process,” stated Copper Mark Executive Director Michèle Brülhart on October 15. “Reprocessing mine waste is essential for minimizing long-term site impacts and maximizing production efficiency.” ERG Africa CEO Nicolas Treand highlighted the acceptance of Metalkol into the Copper Mark program as a significant achievement for ERG in Africa and the broader ERG group. “This process reflects our commitment to the highest sustainability standards and supports the responsible development of the DRC’s mining sector, which is critical to the country’s future.” https://lnkd.in/dr4MbjCj #Mining #MiningIndustry

As MST Minerals, we're proud to be active players in the growing lithium market in Zimbabwe (https://lnkd.in/dwGSSZnP) We stand as ideal investment partners in Zimbabwe’s contribution to the green energy revolution. China's significant investments in Zimbabwean lithium processing plants are a testament to the country's vast potential. Last year's doubled lithium exports and this year's projection to triple are clear indicators of the rapid growth within this sector. As global demand for lithium-powered technologies soars, Zimbabwe is emerging as a competitive destination in the race for control of lithium exploration, mining, and processing. Backed by our expertise and strategic approach, MST Minerals is poised to capitalize on these opportunities. For investors looking to be part of the future of energy and secure a position in the green energy transition, now is the time to partner with MST Minerals. Let's harness the rich lithium reserves of Zimbabwe and drive sustainable growth together. #InvestInZimbabwe #LithiumExploration #GreenEnergy #SustainableInvesting #MSTMinerals #FutureOfEnergy #LithiumMining #ZimbabweMining #RenewableEnergy Article below courtesy of post by Guy Templeton https://lnkd.in/dgk6PCSa

MINISTRY OF SOLID MINERALS DEVELOPMENT (MSMD). PRESS RELEASE. REAPPOINTMENT OF SHINKAFI AS SMDF BOSS IN ORDER, NO TERM LIMIT IN ACT ESTABLISHING AGENCY. The Ministry of Solid Minerals Development (MSMD) has affirmed that the reappointment of Fatima Shinkafi as the Solid Minerals Development Fund (SMDF) Executive Secretary by the president is in accordance with the provisions guiding the establishment of the agency. Reacting to the controversy in certain quarters over the reappointment approved by President Bola Tinubu, the ministry asserted that no part of the SMDF act specifies a term limit for Chief Executive Officers (CEOs) of the agency. "Our attention has been drawn to misinformation making the rounds in some quarters on the reappointment of Hajia Fatima Shinkafi as the Executive Secretary of SMDF, as approved by the President. The approval, done weeks ago, followed due process and aligns with the extant laws governing the agency, as well as the Nigeria Minerals And Mining Act (NMMA) 2007,". "Section 35(2) of the NMMA 2007 stipulates that the Executive Secretary shall be appointed by the President on the recommendation of the Minister of Solid Minerals Development. No provisions on tenure limit exist in the act governing the agency. The act does not stipulate term limit for the chief executive. Therefore, her reappointment by the president is in order and does not contravene any law. " "SMDF under her stewardship has been reorganized for capital mobilization, leading de-risking of investment tools for the mining sector and enabling targeted exploration to fast track mine development amongst others. Hence, her pivotal role in our efforts to reposition the mining sector is invaluable, "the ministry asserted. The ministry assures mining stakeholders that it will continue to support the agency to expand access to lines of credit, lead the charge to strengthen partnerships that will unlock financing to drive economic growth, in line with the Renewed Hope Agenda of making solid minerals a significant contributor to the nation's Gross Domestic Product. MRS EKWUGHA CHINWE Asst. Director of Information & Public Relations Ministry of Solid Minerals Development (MSMD) 9th December, 2024.

🌍 Transformative Mining Initiatives in Nigeria by GeoScan 🌍 Exciting developments are unfolding in Nigeria, collaboration with GeoScan, Nigeria has identified an estimated $750 billion in solid minerals. This preliminary finding highlights the potential for substantial economic growth and sustainable development. 🌏 GeoScan's Sustainable Impact 🌏 Using advanced remote sensing technologies, GeoScan is setting a new standard for sustainable mining globally. Our efforts support Nigeria’s vision to foster a trillion-dollar economy through environmentally responsible practices. 🔗 Read more about our transformative impact in Nigeria: Nigeria Sitting on $750bn Worth of Solid Minerals - Alake: https://lnkd.in/evBQhveK 🌐 Global Potential 🌐 The success in Nigeria serves as a blueprint for other resource-rich countries, demonstrating how technological innovation can unlock mineral wealth sustainably. Stay tuned as we continue to drive economic prosperity and environmental stewardship through cutting-edge technology! #GeoScan #SustainableMining #EconomicDevelopment #RemoteSensing #GlobalImpact

The surge in demand for critical minerals like lithium, driven by the global push for clean energy and decarbonization, has turned Africa into a focal point for mining activities. Here’s a summary of the situation and recommendations for how African countries could respond: Current Situation: 1- Rapid Demand Growth: The demand for lithium has tripled from 2017 to 2022, with the critical minerals market reaching USD 320 billion in 2022. 2- Africa’s Rich Resources: African countries like Namibia, Zimbabwe, the Democratic Republic of Congo (DRC), and Ghana have substantial lithium resources. 3- Lack of Robust Strategies: Many African countries lack comprehensive strategies to manage their critical mineral sectors. Recommendations: 1- Develop a Continental Strategy: The African Union should expedite the creation of an African critical minerals strategy to guide member countries in negotiating mining contracts and agreements. 2- Revise Mining Policies: Countries should update their mining policies and regulations to reflect the new opportunities and challenges presented by the global demand for critical minerals. 3- Local Value Addition: Some countries, like Namibia and Tanzania, have banned the export of raw lithium and are focusing on local processing to add value. Challenges: 1- Risk of Exploitation: There’s a risk of history repeating itself with African nations being exploited for their minerals, as seen in the cases of Zimbabwe, Namibia, and DRC, where issues of corruption, environmental concerns, and social governance have arisen. 2-Geostrategic Interests: Conversations about Africa’s critical minerals are largely influenced by the economic opportunities arising from demand from Western countries and China. Outlook: 1- Production Increase: Africa’s lithium production is expected to rise significantly, with Zimbabwe potentially contributing almost 40% of the continent’s output by 2030. 2- Profit Retention: Efforts are underway to ensure that more profits from the lithium boom are retained within the continent. In summary, while Africa stands at the cusp of a mining boom, it’s crucial for the continent to navigate this opportunity carefully, ensuring sustainable practices, equitable agreements, and long-term benefits for its people. Implementing robust strategies and policies will be key to achieving a fair and just energy transition.

🌍 Cobalt Mining in Zambia: Driving Africa’s Energy Future 🌟 Zambia is making waves in the global mining industry as a top producer of cobalt, a mineral critical to powering the world's transition to clean energy. With abundant resources and strategic investments, Zambia is not only strengthening its economy but also cementing its position as a leader in the African cobalt mining industry. Why Cobalt Matters 🌐 Cobalt is at the heart of modern innovation, fueling technologies like electric vehicles, renewable energy storage, and advanced electronics. As demand soars, Zambia’s cobalt resources are becoming increasingly valuable, with the nation ranked among the top cobalt-producing countries in Africa. Zambia’s Strength in Cobalt Mining 🔍 Zambia’s mining processes have evolved into a powerhouse of efficiency and sustainability. The Copperbelt region continues to reveal cobalt mining opportunities, fueling both exploration and investment. Key highlights: ✅ Cobalt production in Africa – Zambia is a key player. ✅ Sustainability in Zambian cobalt mining – Meeting global green energy standards. ✅ Zambia cobalt exports – Boosting the economy through global trade. What’s Next for Zambia? 🌟 The future of cobalt mining in Africa is bright, and Zambia is leading the charge. With untapped resources, cutting-edge mining technology, and strategic partnerships, the country is poised to remain a hub for innovation and growth. 💡 How can you get involved? Opportunities for investment are abundant as the government supports initiatives for sustainable and scalable growth. Let’s Discuss! 💬 How can the mining sector further contribute to a sustainable energy future? Let’s hear your thoughts in the comments! 📖 Read the full article here: [ https://lnkd.in/dKP5RmHn ] 📣 Share this post to inspire more conversations about Zambia’s cobalt potential! #CobaltMining #Zambia #EnergyTransition #Sustainability #AfricanMining #EconomicGrowth #Innovation

Tasmania releases critical minerals strategy 💥 The Tasmanian Government has today announced the release of its long awaited Critical Minerals Strategy. Investing $3 million to accelerate its development and drive growth across Tasmania’s nearly $3 billion a year mining and minerals processing sector, along with supporting around 6,800 local jobs as well as increasing the value of exported mineral products. The main objectives of the strategy are: 🔷 Grow exploration for critical minerals 🔷 Support critical minerals projects 🔷 Increase on-island processing and value-adding of critical minerals 🔷 Increase Tasmania’s trade and investment footprint in critical minerals AMEC has strongly advocated for the formulation of a critical minerals strategy for Tasmania that recognises and promotes the unique exploration and project development opportunities in the State. We look forward to working with the government and our local members in realising the benefits to all stakeholders of this important initiative and industry. Well done to Minster for Business, Industry and Resources, Senator the Hon. Eric Abetz and his team on this announcement. To view the strategy ➡️ https://ow.ly/hR3x50U6HJz #Tasmania #CriticalMinerals #Strategy