Angola targets to be a major exporter of critical minerals in 10-15 years, showcasing its potential at the upcoming African Mining Week (AMW). The country has identified 34 critical minerals for exploration and production, fostering economic diversification through investment in the sector. Major projects are in development, including rare earth and lithium mines, reinforcing Angola’s strategic position in the mining industry.
Angola aims to emerge as a significant exporter of value-added critical minerals in the next decade to fifteen years. To promote this ambition, the forthcoming African Mining Week (AMW) will highlight Angola’s potential for becoming a global critical minerals exporter. The nation has identified 34 out of the 54 critical minerals listed by the European Union, launching extensive exploration and production initiatives to maximize its mining capabilities.
In conclusion, Angola’s commitment to becoming a key player in the critical minerals market is evident through its strategic initiatives and investments aimed at economic diversification. The African Mining Week will play a pivotal role in facilitating dialogue between local stakeholders and international investors, fostering growth opportunities in the sector. With several significant mining projects underway, Angola is well-positioned to enhance its mining revenue and global presence.
Original Source: www.zawya.com
