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Africa’s Largest Mining Conference Set Against Backdrop of Rising Competition Between China and the West

File image of the The Mining Indaba in Cape Town, South Africa on May 9, 2022. Image by Fearghal Kearney/@KearneyFA.

Attendees at next week’s Mining Indaba in Cape Town, Africa’s largest mining conference that gets underway on Monday, say they’re expecting a new sense of urgency from U.S. and European stakeholders who are keen to find ways of breaking China’s grip on critical resources like cobalt and lithium.

Tony Caroll, a Mining Indaba organizer and director of Acorus Capital, summarized the mood in a sharply-worded column published this week in South Africa’s Daily Maverick newspaper: “With the Biden administration and the EU now investing political capital in the success of domestic green energy firms, Africa has never been so economically essential to the West.”

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