https://www.miningweekly.com

US keen on Africa’s transition metals

US Deputy Treasury Secretary Wally Adeyemo

US Deputy Treasury Secretary Wally Adeyemo

5th April 2024

By: Bloomberg

  

Font size: - +

US Deputy Treasury Secretary Wally Adeyemo used a five-day trip to South Africa to advertise his country’s ambitions of securing supplies of the metals needed for the global energy transition – materials that abound in Africa.

Adeyemo, in a speech to US businesses active in the country, stressed that South Africa needs to put in place the right incentives to boost the mining industry. He also visited a mine owned by Sibanye-Stillwater, the South African precious and battery-metals miner that’s invested in a palladium operation in the US state of Montana.

In a later interview with Bloomberg, he took a veiled swipe at China, which has tied up much of Africa’s production of the metals needed for batteries for electric vehicles and renewable power plants.

The infrastructure needed to export minerals is often “built by the people who want to offtake those minerals for their sole benefit,” he said.

Edited by Bloomberg

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Alcohol Breathalysers
Alcohol Breathalysers

Supplier & Distributor of the Widest Range of Accurate & Easy-to-Use Alcohol Breathalysers

VISIT SHOWROOM 
Alco-Safe
Alco-Safe

Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.069 1.004s - 110pq - 2rq
Subscribe Now