US steps up efforts to access Africa’s critical minerals

Moderators: PinkDiamond, John

Post Reply
User avatar
PinkDiamond
Posts: 15606
Joined: Thu Jun 04, 2015 9:30 pm
Location: Ozark Mountains

US steps up efforts to access Africa’s critical minerals

Post by PinkDiamond »

From mining.com, if they won't let us mine our own minerals and other natural resources here, they have to go to other countries to secure them; in this case Africa's minerals to build the batteries for EVs they call green. Those who look past the hype know they cannot be recycled due to their toxicity, so it makes no sense in the long run since they're just creating a different kind of pollution that will only make the companies who make them rich, while EV owners will find themselves in a dilemma about what to do with them. That said, if you know of companies that will take dead EV batteries please share the information for those who don't know what to do with them or how to dispose of them safely. :?

US steps up efforts to access Africa’s critical minerals
Bloomberg News | October 12, 2023 | 10:07 am Battery Metals Intelligence Africa USA Cobalt Copper Graphite

Image
Syrah’s Balama graphite operation in Mozambique. Image from Syrah Resources.

"The US is stepping up efforts to boost ties with African nations rich in critical minerals to help secure supply, according to a government official.

Workshops recently held in the Zambian capital, Lusaka, and Kinshasa in neighboring Democratic Republic of Congo brought in US experts with the ultimate goal of setting up local battery manufacturing operations, Kimberly Harrington, deputy assistant secretary of the Bureau of Energy Resources, said at a conference in Cape Town on Thursday.

“Critical minerals are incredibly important for the technologies that are going to drive the global clean energy transition,” she said late Wednesday. “My conversations here with the private sector and with partners in a variety of governments have really advanced those discussions.”

Last month, the US government approved $150 million of funding for a graphite-mining project in Mozambique.

The US International Development Finance Corp. financing was granted to Twigg Exploration and Mining Lda, which has a project in northeastern Mozambique, to mine and process the material that’s used in electric-vehicle batteries and nuclear reactors. Twigg is a unit of Melbourne, Australia-based Syrah Resources Ltd., the biggest graphite producer outside China.

The loan is aimed at increasing production and growing the global supply chain for graphite, the Minerals Security Partnership said in a statement Oct. 10. The MSP is a State Department initiative that aims to help funnel foreign investment and western expertise into the mining industries of developing nations that help supply key raw materials such as lithium, manganese and cobalt.

Another focus of the MSP is to connect companies “that have high ESG standards, that have the same type of labor rights,” in order to set up local processing and refining, she said. “We feel like US energy companies really pursue those values and we want to work with like-minded companies, even if they’re not American.”

US Secretary of State Antony Blinken signed a memorandum of understanding with Congo and Zambia in December to explore ways to support their plan to develop an electric-vehicle value chain together. The two Central African nations are major producers of ... "

https://www.mining.com/web/us-steps-up- ... l-minerals
PinkDiamond
ISG Registered Gemologist


· ´¨¨)) -:¦:-¸.·´ .·´¨¨))
((¸¸.·´ ..·´ There are miracles left for you to do .... -:¦:- -:¦:-
-:¦:- ((¸¸.·´* It all begins inside of you. ;)
Post Reply