South Africa’s mineral resource availability as a potential driver for transitioning to a circular economy

- Organization:
- The Southern African Institute of Mining and Metallurgy
- Pages:
- 8
- File Size:
- 671 KB
- Publication Date:
- Mar 5, 2025
Abstract
The aim of this paper was to establish if mineral resource scarcity is a driver for South Africa
to transition to a circular economy. The project objectives were achieved by investigating
economically viable, and critical or strategic minerals remaining in South Africa, as well as
resource scarcity, as a driver for South Africa to transition to a circular economy. The study
found that some minerals in South Africa, such as iron ore, lead, manganese, gold, and cobalt
have less than 50 years of economically viable mining remaining. At least 18 minerals can be
classified indicatively as critical or strategic: aggregates, bauxite, chromite, cobalt, copper,
gold, graphite, iron, limestone, lithium, manganese, nickel, phosphorous, platinum group
metals, rare earth elements, silver, titanium, and vanadium. The classification was based on
the minerals’ economic importance, supply risk, and potential use in the development and
manufacturing of emerging technologies.
The findings suggest that the scarcity of mineral resources is a critical driver for the country
to transition to a circular economy. Other identified drivers include socio-economic factors,
climate change commitments, and business objectives. All minerals are non-renewable resources and at risk of depletion, therefore sustainable extraction and use are critical. Priority should be directed at investigating circular economy opportunities and substitutes for commodities at risk of being depleted within the next 50 years. There is an opportunity for South Africa to transition from a minerals export-based model to one that promotes local mineral beneficiation and manufacturing of end products.
Citation
APA:
(2025) South Africa’s mineral resource availability as a potential driver for transitioning to a circular economyMLA: South Africa’s mineral resource availability as a potential driver for transitioning to a circular economy. The Southern African Institute of Mining and Metallurgy, 2025.