Africa Mineral Processing Faces Power Hurdle
African nations are pushing for local mineral processing to capture more value from their resources. However, severe electricity shortages and high power costs threaten to undermine these industrialization ambitions and deter investors.
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African nations are pushing miners to build local refineries and smelters, but a power deficit threatens multi-billion-dollar investments. Governments across the continent are using export curbs and tax incentives to capture more value from mineral wealth. Investors face stark risks as power costs soar and grid reliability falters in key resource hubs.
