VICE PRESIDENT, CHEMICAL SPECIALTIES LIMITED (CSL)
"As a toll manufacturer, we find ourselves in a sweet spot because we can offer a speed-to-market solution in our current facility to producers, many of which wish the localization to be done yesterday."
"The ethane import terminal is a US$400 million investment that will start up in the second half of 2024. It will allow us to import 100% of our needs to operate the Etileno XXI complex at full capacity.”
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.