Technology minerals in south africa an opportunity for investors
This presentation is the property of its rightful owner.
Sponsored Links
1 / 8

Technology minerals in South Africa, an opportunity for investors? PowerPoint PPT Presentation


South Africa is the next destination for precious technology minerals, which could increase the country’s competitiveness on a global scale and open up investment opportunities to both local and foreign investors.

Download Presentation

Technology minerals in South Africa, an opportunity for inve...

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Technology minerals in south africa an opportunity for investors

Technology Minerals in South Africa, an Opportunity for Investors?

South Africa is the next destination for precious technology minerals, which could increase the country’s competitiveness on a global scale and open up investment opportunities to both local and foreign investors.


Technology minerals in south africa an opportunity for investors

  • The country will now join the largest extractors of ‘tech’ minerals, China, America and Australia, in digging up massive sites and start mining production, within the next years, at Steenkampskraal, mined by Anglo American during the 1950s, and Zandkopsdrift, described as the world’s next big strategic metal mine, both located in the Northern Cape. 


Technology minerals in south africa an opportunity for investors

  • The demand for rare-earth minerals, primarily used in modern devices, has been on the rise since the past decades. Discovered in Sweden 225 years ago, rare-earth metals, comprising of 17 chemical elements in the periodic table, were used in military and defence applications, as well as devices (smartphones, laptops and flat screens) and, more recently, green technologies.


Technology minerals in south africa an opportunity for investors

  • Steenkampskraal will be mined by Canadian company Great Western Minerals Group, while the Zandkopsdrift site will be developed by Frontier Rare Earths, headquartered in Luxembourg. Both these companies raise funds on the Canadian TSX bourse.

  • If it all goes according to plan, Steenkampskraal mine is set to start production as soon as next year. Production at Zandkopsdrift, which has a million tons of rare-earth minerals, is scheduled for 2015, according to Frontier Rare Earth’s chairperson, Philip Kenny.

  • Rare-earths consultant Jack Lifton said that these mines  are good quality deposits, but South Africans are not attracted by rare-earth minerals as it is the case in other countries, notably China, which produces up to 97% of global rare-earth metals.


Technology minerals in south africa an opportunity for investors

  • He said South African investors are concentrated on gold, platinum, base metals and diamonds. However, the digging of rare-earth minerals in South Africa could offer some good long-term investment opportunities.

  • Although China is likely to remain the world’s leading producer of rare-earths, South Africa could supply about 10% of the world’s rare earths by 2015, competing on the global markets, concluded Kenny.


Technology minerals in south africa an opportunity for investors

Dubai, UAE

Office #1702, One Business BayFirst Al Khail Street

Tel: +971 (0) 4447 0990Fax: +971 (0) 4453 8811

[email protected]

http://electio-invest.com/ae/


  • Login