Beneath the surface of Africa lies a wealth of mineral sources of huge cost. In 2019, the continent produced almost 1 billion tonnes of minerals well worth $406bn.
According to the United Nations, Africa is home to about 30 percent of the arena’s mineral reserves, 12 percent of the sector’s oil and eight percent of the sector’s natural fuel reserves.
The continent additionally holds forty percent of the sector’s gold and up to ninety percent of its chromium and platinum – each treasured metals.
Nearly half of the arena’s gold and one-third of all minerals are in Africa. Beneath the surface of Africa lies a wealth of mineral assets of full-size price. In 2019, the continent produced nearly 1 billion tonnes of minerals worth $406bn.
According to the United Nations, Africa is home to about 30 percent of the arena’s mineral reserves, 12 percent of the sector’s oil and 8 percentage of the world’s natural fuel reserves.
The continent also holds 40 percent of the world’s gold and up to 90 percent of its chromium and platinum – each treasured metals.
Most of the electronics we use nowadays are primarily based on some minerals – from aluminium to zinc.
In 2021, a few 1.5 billion smartphones had been sold round the sector – up from 122 million gadgets in 2007. As of 2020, nearly four in five (78 percent) people have a telephone.
More than half of a cellular telephone’s additives – along with its electronics, show, battery and audio system – are crafted from mined and semi-processed materials.
Lithium and cobalt are a number of the key metals used to provide batteries. In 2019, about 63 percent of the sector’s cobalt production came from the Democratic Republic of the Congo.
Tantalum is some other metallic used in electronic systems. Tantalum capacitors are located in mobile phones, laptops and in loads of automobile electronics. The DRC and Rwanda are the world’s largest manufacturers of tantalum. Together they produce 1/2 of the arena’s tantalum.
Petroleum and coal are many of the maximum abundant minerals for 22 out of Africa’s 54 international locations. As of 2019, Nigeria produced most of the continent’s petroleum (25 percent), accompanied with the aid of Angola (17 percentage), and Algeria (16 percent).
Metals together with gold, iron, titanium, zinc and copper are the top produced minerals for eleven international locations. Ghana is the continent’s largest manufacturer of gold, accompanied via South Africa and Mali.
Industrial minerals together with diamonds, gypsum, salt, sulphur and phosphorus have been the primary commodity for thirteen African international locations. The DRC is Africa’s biggest business diamond manufacturer, observed by means of Botswana and South Africa. Botswana ranks primary in Africa for the production of gem-quality diamonds – used for jewelry.