As the world transitions to cleaner forms of energy, Africa will play a crucial role in the supply of critical minerals required for the development of renewable energy technologies. Robert Friedland, Executive Co-Chairperson of mining firm Ivanhoe Mines, considers these resources to be integral to the future global economy, with “the fate of humanity [resting] on the African continent.” With demand for critical minerals expected to reach annual revenues of $400 billion by 2050, Africa is poised to lead the global mining industry while stimulating socioeconomic growth and development.
