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Africa: The Global Rush for Resources Intensifies

Summary by The Rio Times

Claver Gatete, UNECA’s Executive Secretary, declares that global demand for Africa’s cobalt, lithium, graphite, and rare earths surges aggressively. Africa possesses 55% of global cobalt, 48% of manganese, and 22% of graphite. The DRC supplies 70% of cobalt, while Madagascar holds 26 million tons of graphite. By 2040, lithium demand will climb 40 times, graphite […]

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Africa: The Global Rush for Resources Intensifies

Claver Gatete, UNECA’s Executive Secretary, declares that global demand for Africa’s cobalt, lithium, graphite, and rare earths surges aggressively. Africa possesses 55% of global cobalt, 48% of manganese, and 22% of graphite. The DRC supplies 70% of cobalt, while Madagascar holds 26 million tons of graphite. By 2040, lithium demand will climb 40 times, graphite […]

3 days ago·Brazil

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The Rio Times broke the news in Brazil 3 days ago on Friday, May 30, 2025.

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