Africa, one of many world’s richest mining areas, continues to strengthen its place as a worldwide hub for mineral manufacturing. In response to the US Geological Survey (USGS), Africa accounted for 79.3% of whole PGM [platinum group metals] reserves in 2025, 61.7% of chromium reserves, and substantial shares of reserves of cobalt (54.5%), manganese (36.5%), diamonds (32.4%), bauxite (25.5%), copper (8.2%), gold (7.8%) and lithium (1.6%), amongst others. Regardless of its useful resource wealth, the business faces persistent challenges, together with infrastructure gaps, coverage uncertainty, and rising operational prices. Geopolitical shifts additionally add stress, as an example, in 2025, the US imposed a 50% tariff copper imports, efficient 1 August, immediately affecting African exporters such because the Democratic Republic of Congo (DRC).
Platinum stays the cornerstone of Africa’s mining panorama, with the area accounting for practically 80.3% of world manufacturing in 2024. The manufacturing of platinum in Africa is anticipated to say no by 6.4% in 2025, as a result of heavy rains in early 2025 in addition to ongoing operational challenges as a result of mine restructuring. The area is forecasted to account for 79.5% of world platinum manufacturing in 2025. South Africa stands out because the dominant producer, accounting for 89% of the area’s whole output in 2024, whereas Zimbabwe contributes an additional 11% share. Zimbabwe’s platinum manufacturing will stay flat in 2025 earlier than rebounding in 2026 with the commissioning of the Mupan and Karo Platinum tasks. Over the forecast interval (2025-2030), the platinum business is anticipated to develop at a CAGR of 1.4% to almost 5.12 million ounces (moz) in 2030. Key gamers working in Africa’s platinum sector embody Anglo American, Impala Platinum Holdings, Sibanye Stillwater, and Northam Platinum.
South Africa stays a mining powerhouse, producing 71.5% of world platinum and 42.7% of chromium in 2024. Nevertheless, persistent structural points, together with excessive electrical energy prices, labour inefficiencies, and logistical constraints proceed to problem operations. To deal with these considerations, the South African Authorities has launched measures to advertise home beneficiation and revive ferrochrome smelting. These efforts are anticipated to help a 3.9% improve in chromium manufacturing in 2025, taking whole output to twenty.5 million tonnes (mt).
DRC continues to play a number one position in Africa’s crucial mineral output, notably cobalt and copper. The nation accounted for 97.2% of area cobalt manufacturing in 2024, supported by main operators together with CMOC Group, Glencore, and Jinchuan Group. Cobalt output in Africa is projected to develop by 2.5% in 2025 to 219.2 kilotonnes, with additional will increase anticipated from tasks equivalent to Kinsanvere, Mutanda, Kisanfu and Tenke Fungurume mines. In the meantime, DRC’s copper manufacturing is anticipated to develop at a CAGR of three.3% by 2030, supported by ongoing expansions on the Musonoi, Mutoshi, and Comide Restart tasks. Equally, Africa’s second-largest copper producer and the seventh-largest globally, is poised for robust progress. The nation’s copper manufacturing is forecast to rise by 19.2% in 2025, reaching 937.5 kilotonnes, primarily pushed by increased output from ZCCM Funding Holdings’ Mopani mine.
