Sustainability And Energy Transition In African Critical Minerals

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sustainability and energy transition in african critical minerals
Critical minerals projects will require a pipeline of renewable energy to drive operations. What is AEMBank doing to facilitate investment in such projects?

The global energy transition depends on critical minerals, but processing them sustainably requires us to break from the old carbon-intensive playbook. At AEMBank, we recognise that renewable energy infrastructure isn't an add-on to mineral projects it's fundamental to making them viable in today's investment climate.

We are pioneering integrated financing models that bundle mineral processing facilities with dedicated renewable energy infrastructure from the start. This means that when we finance a cobalt refinery or a manganese processing plant, we simultaneously ensure reliable solar, wind, or hydropower to run those operations.

Africa holds 92 of global platinum reserves, 56 of cobalt, 54 of manganese and 36 of chromium. Yet the continent faces a 225bn financing gap, much of which relates to energy infrastructure.

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