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"A lot of the requests we receive from our clients are around doubling down on costs, becoming more efficient in conversion, produce higher grade polymers, and commercial excellence."
"Demand is growing every year. This is driven by the fact that most Southeast Asian countries struggle to meet annual production targets, creating a gap for improvements."
"Being able to service this region from Singapore plays out as a significant advantage for us. With the future growth potential of China in question, I believe Southeast Asia will be the beneficiary."
"Thermax's focus on sustainability and energy efficiency has helped the company capitalize on growing demand for clean energy solutions."

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MACIG 2025 - Mining in Africa Country Investment Guide

It is said that mining is a patient industry. Current demand projections are not. Demand for minerals deemed ‘critical’ is set to increase almost fourfold by 2030, according to the UN. Demand for nickel, cobalt and lithium is predicted to double, triple and rise ten-fold, respectively, between 2022 and 2050. The world will need to mine more copper between 2018 and 2050 than it has mined throughout history. 2050 is also the deadline to curb emissions before reaching a point of ‘no return.’ The pace of mineral demand and the consequences of not meeting it force the industry to act fast and take more risks. Mining cannot afford to be a patient industry anymore. The scramble for supply drives miners back to geological credentials, and therefore to places like the African Central Copperbelt.

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