"There is huge potential to increase copper and cobalt production in DRC because there are many areas that have not yet been explored or have been under-explored."
Trade Chemicals & Products explains how it has continued supplying its customers in Mexico with the chemical products that they need despite shortages and price increases.
EY CANADA & EY AMERICAS MINING AND METALS LEADER, ERNST & YOUNG
"The EY annual review of risks and opportunities finds environment and social, decarbonization and license to operate are the top risks facing miners over the next 12 months."
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.