Fernandez: Africa must benefit from global need of critical minerals
The United States Under Secretary for Economic Growth, Energy and Environment, Jose Fernandez says Africa’s mineral resources are critical to sustainable energy transition and averting climate change crisis across the world. In a chat with CNBC Africa in Capetown at Mining Indaba 2024, he notes ensuring job creation, technical assistance and extending benefits to host communities are opportunities for greater impact on the continent.
Wed, 07 Feb 2024 12:04:06 GMT
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AI Generated Summary
- Africa's significance in supplying critical minerals for clean energy future by 2050
- Importance of responsible mining practices, job creation, and community benefits in Africa
- Strategies to enhance collaboration, adherence to environmental standards, and sustainable development in the mining sector
The United States Under Secretary for Economic Growth, Energy and Environment, Jose Fernandez, emphasized the critical role of Africa's mineral resources in sustainable energy transition and averting the climate change crisis globally. Speaking at the Mining Indaba 2024 in Capetown in a CNBC Africa interview, Fernandez highlighted the need to exponentially increase the production of critical minerals like lithium and manganese to achieve a clean energy future by 2050. He emphasized that Africa is instrumental in supplying these essential minerals and utilizing them to combat climate change. Fernandez also underscored the importance of ensuring job creation, technical assistance, and extending benefits to host communities in Africa to maximize the impact of the continent's mineral wealth. The interview shed light on key aspects of harnessing Africa's mineral resources for the betterment of the continent and the world, focusing on responsible practices and sustainable development. The conversation addressed challenges faced in the past and outlined strategies to enhance collaboration, adherence to environmental standards, and community involvement in mining operations.
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