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Cobalt, manganese, natural graphite, copper, nickel, lithium, and iron ore are essential inputs for solar panels, wind turbines, electric vehicle batteries, and other clean-energy technologies.

Africa hosts some of the world’s largest reserves of critical minerals, including approximately 55–70% of global cobalt resources, nearly half of known manganese reserves, and more than 20% of natural graphite. The continent also contains around 5–7% of global copper and nickel reserves, smaller but strategically important shares of lithium, and limited iron ore reserves.

South Africa alone holds between 80% and 90% of the world’s platinum group metals, as well as over 70% of global chromium reserves, making it central to clean-energy and industrial supply chains.

According to the International Energy Agency, demand for lithium is expected to increase four- to six-fold by 2040, while demand for graphite and nickel will roughly double or more. Cobalt and rare earth element demand is projected to rise by 50–70%, and copper demand by approximately 30% over the same period.

Read more at: https://www.modernghana.com/news/1466175/africas-critical-minerals-are-a-huge-economic.amp