Mining Indaba: SA set to increase focus on beneficiation

By Thebe Mabanga

South Africa aims to attract investments that will drive industrialisation. This will include minerals beneficiation, which will ensure that South Africa produces high value goods, rather than export raw minerals.

This was outlined by Trade, Industry and Competition Minister Parks Tau, who was speaking at an Investment Forum on the critical minerals value chain during the 32nd Investing in African Mining Indaba, currently under way in Cape Town.

“The focus is now on ensuring that investments from other countries are linked to industrialisation in South Africa. The objective is to review and negotiate trade partnerships to prevent minerals from being exported without delivering meaningful benefits to the country,” Tau said.

The session was hosted by the Department of Trade, Industry and Competition (the dtic) in partnership with the Department of Mineral and Petroleum Resources (DMPR) and the Department of Water and Sanitation (DWS).

It was attended by investors and private sector