Angola aims to become a leading exporter of critical minerals over the next 10-15 years, highlighted by the upcoming African Mining Week. The country is ramping up exploration and production efforts, including major projects such as the Longonjo Rare Earth Project and Mavoio-Tetelo copper project. AMW 2025 will connect stakeholders and global investors to explore partnerships in Angola’s mining sector.
Angola aims to become a leading exporter of value-added critical minerals within the next 10 to 15 years. The upcoming African Mining Week (AMW) will highlight Angola’s potential in this arena, emphasizing the nation’s plans to boost exploration, production, and develop downstream projects. By investing in the entire critical mineral value chain, Angola seeks to diversify its economy and increase mining sector revenues.
The AMW serves as a vital platform to examine mining opportunities across Africa. Coinciding with the African Energy Week: Invest in African Energy 2025 conference, scheduled for October 1-3 in Cape Town, participants can learn about investment opportunities by contacting [email protected].
Several mining projects are underway in Angola, including the Longonjo Rare Earth Project, funded by Absa Bank, which will produce high-grade rare earth carbonate and greatly contribute to the national economy. Additionally, Chinese firm Shining Star is initiating the Mavoio-Tetelo copper project, set to generate substantial copper output, enhancing national mining revenues.
Australian Tyranna Resources, in collaboration with China’s Sinomine, is advancing lithium projects like the Namibe and Muvero mines, supporting Angola’s efforts to expand mine development. Meanwhile, Ivanhoe Mines is conducting copper exploration in the Moxico and Cuando Cubango provinces, further diversifying the mining sector.
Moreover, a $250 million manganese-to-silica processing facility is being developed with Chinese ST New Materials, aiming for operational readiness by 2025. Plans also include producing steel from iron sourced from the Kasinga region, integral to Angola’s growth strategy in the mining sector.
As Angola attracts investors in the critical mineral value chain, AMW 2025 will unite Angolan stakeholders and global investors to foster partnerships and explore growth opportunities. The event will facilitate panel discussions, project showcases, and networking, connecting investors to Angola’s burgeoning critical minerals market.
Angola is positioned to become a major player in the global market for critical minerals by enhancing its exploration and production capacities. Through significant projects and partnerships, it aims to diversify its economy and revenue streams. The upcoming AMW 2025 will play a crucial role in promoting investment opportunities and fostering connections between local stakeholders and international investors, further solidifying Angola’s status as a key exporter in the mining sector.
Original Source: www.zawya.com
