"Modular approaches to gas monetization are becoming more prevalent due to the inefficiency of large-scale projects in regions with limited industrial infrastructure."
"The unique geological conditions in the Jequitinhonha Valley favor spodumene crystallization, making it one of the best areas globally for lithium extraction."
"Carajás represents a frontier mining region where significant deposits are still viable, and we have already identified considerable mineralization, hinting at potentially groundbreaking discoveries."
"Over the next 24 months, we aim to make compelling investment decisions to extend mine life beyond 2032, particularly given the strong state of the copper market."
"We are always seeking near-term production increases through better efficiencies and productivity, but making a significant impact by 2027 will be tough for us and the industry."
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.