By
Louis Kalumbia
Summary
· The deputy minister for minerals says rather than just focusing on gold, the firm might look into strategic and important minerals like lithium, nickel, and graphite as well as gases like hydrogen and helium
Bulyanhulu. The government has
sought the support of Barrick in ensuring strategic and critical minerals play
a significant role in the country’s energy
transition.
Energy
transition refers to the global sector’s shift from fossil-based systems of
production and consumption, including oil, natural gas and coal, to renewable
sources like wind and solar, as well as lithium-ion batteries.
The
increasing penetration of renewable energy into the energy supply mix, the
onset of electrification and improvements in energy storage are all key drivers
of the energy transition with critical minerals playing an important role.
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