Cost-Effective Mining Vital for Africa to Reap Energy Transition Benefits – BME

Connect with us:

africa. mining. energy

With the demand for critical minerals rapidly increasing owing to the energy revolution underway across the globe, cost-effective mining will enable Africa’s mining industry to fully exploit the vast opportunities associated with the energy transition, according to Ralf Hennecke, Managing Director of mining services company BME.

Hennecke notes that the amount of minerals needed to build a new unit of power generation will expand by 50% because solar plants, wind farms and electric vehicles require more minerals to build than their fossil fuel-based counterparts.

A wind plant requires nine times more minerals than a gas-fired plant and an ordinary electric vehicle requires six times the mineral inputs needed to build an ordinary conventional car, according to Hennecke.

“In terms of lithium, the largest consumers are now electric vehicles and battery storage applications,” he said. “It is expected that these applications will also be the largest consumer of nickel within less than 20 years.”

With Africa representing the primary source of the critical minerals required to power the energy transition, achieving low-cost production within the mining industry is vital for the continent to become globally competitive, Hennecke states.

Africa needs to accelerate the use of low-cost technologies across the entire mining value chain while maximizing energy efficiency and the production of critical minerals such as lithium and copper – which are on demand – to fully grasp opportunities associated with the energy transition and decarbonization of various sectors including transportation.

He also emphasize the need for Africa to increase focus on digital technologies to simplify operations across various mining phases such as loading, hauling, crushing and milling to optimize productivity and ensure a sustainable mining industry.

Other Reads

Other Reads

Nicholas Nhede

Nicholas Nhede

Nicholas is an energy sector journalist with a passion on how technology and diversification of the energy mix can be used to address energy sector challenges. Nicholas holds a diploma in Journalism and Communication studies and has been covering energy-related topics including the Internet of Things, distributed energy and digitalisation since 2015.

More from the Author

Sign up for latest news and event info

Copyright © 2023 Energy Capital & Power. Privacy Policy · Terms of Use