Global impacts, including Russia's war in Ukraine and a volatile commodities market, open the door for African mining entities to experience significant growth this year.
Africa’s mining sector is primed for growth in 2023, according to Johann de Bruin, founder and CEO of Erudite, an engineering, procurement, and construction management company with operations across Africa.
“The mining industry has seen its fair share of incredible highs and lows over the past decade, 2022 being no exception,” says De Bruin.
“South Africa faced prolonged strikes early in 2022, as well as continued energy woes, higher-than-usual rainfall, global supply chain disruptions, and a volatile commodities market. The interest in commodities such as graphite, lithium, nickel, and cobalt, to name just a few, has re—energised the mining sector across the continent.”
He believes that exciting times lie ahead, and offers four predictions for the mining sector in 2023.
