Developments in African industrial minerals for renewable energy

Abstract

Introduction Africa is emerging as a leading source for minerals used in the manufacture of batteries for electric vehicles and in other renewable energy applications. New graphite, lithium, and rare-earth mines have or could be opened in African countries from 2017 through 2026. Estimates of production capacities for graphite, lithium, and rare-earth mines for 2023 and beyond are based upon supply-side assumptions, such as announced plans for new capacity construction and bankable feasibility studies, as well as projected trends that could affect current producing facilities in 2023 and planned new facilities projected to come online by 2026. Forward-looking information, including estimates of future production capacities, graphite flake distributions, and timing of the start of operations, are subject to risk factors and uncertainties that could cause actual events or results to differ significantly from expected outcomes. Projects listed in this report are presented as an indication of industry plans and are not a U.S. Geological Survey (USGS) prediction of what will take place. Only projects with planned startup dates are included in this report; ther graphite, lithium, and rare-earth projects in Africa without startup dates were known to be in various stages of development but are not included in this fact sheet.