Somera is expected to discuss the current opportunities shaping South Africa’s PGMs market (https://apo-opa.co/4dhRhCh) and the country’s role in the global green hydrogen and EV supply chain, given its substantial PGMs reserves that account for 90% of the global share. Clean hydrogen demand is forecast to increase to between 125-585 million tons per annum by 2050, enhancing South Africa's potential to attract new critical mineral-focused investments.
The Critical Minerals Africa 2024 summit on November 6 - 7 serves to position Africa as the primary investment destination for critical minerals. The event is held alongside the African Energy Week: Invest in African Energy 2024 conference (https://AECWeek.com) on November 4 - 8, offering delegates access to the full scope of energy, mining and finance leaders in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com
Rising demand for green hydrogen also presents South Africa with the opportunity to advance job creation and local skills development, providing its workforce with next-generation clean energy technologies and technical acumen. Last April, Isondo Precious Metals began recruiting young graduates for its upcoming electrolyzer manufacturing facility, supporting South Africa’s local content development (https://apo-opa.co/3zS5GGU) agenda. At CMA 2024, Somera will participate in high-level panel discussions, project showcases and exclusive networking sessions, highlighting opportunities for global investors in Africa’s PGMs, as well as best practices for maximizing critical mineral processing and value-added activities.
Distributed by APO Group on behalf of Energy Capital & Power.
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