Juniors on the lookout for local nickel
Mali is seeing a rise in the number of nickel exploration applications as demand for this metal essential to energy transition continues to grow across West Africa.
The French mining group Eramet has held talks with the Luanda authorities to look at the potential of the Angolan subsoil. President Lourenço is hoping that the major players in the sector will start to diversify the minerals being mined, a key element of his mandate.
Spearheaded by the UK's Pensana Rare Earths, the Longonjo neodymium-praseodymium project is starting to take shape, with production scheduled to begin in 2022. President João Lourenço has high hopes for this project, which he believes could become a flagship achievement of his mining reforms.