MyZA

News, Directory, Events and Other Stuff

You are here: Home / News / South Africa rare earths project gets R322.97m in state funds | SA News

South Africa rare earths project gets R322.97m in state funds | SA News

South Africa’s development finance institution has invested $20 million in a domestic rare earths project, which aims to help the European Union reduce its dependence on China for critical minerals.

Read: Rare earth minerals and the AI boom

The state-owned Industrial Development Corp is backing Frontier Rare Earths’s Zandkopsdrift project in the Northern Cape province, the Luxembourg-registered company said in a statement on Thursday. The EU, which is working to strengthen its critical minerals supply chains, designated the asset as a strategic project last year.

Read: Just critical minerals

ADVERTISEMENT
…

Ranjeni Munusamy: A well-known political journalist and commentator,
contributing to various media platforms.

Read More at the Source

Category: Tag: , ,

If you feel strongly about this article then feel free to send MyZA a ‘Letter to the Editor’ using the submission form below:

Letter to the Editor

This field is for validation purposes and should be left unchanged.
If this is in response to an article please include that article title here or as the lead in for the first paragraph of your Letter below.

Separate tags with commas

Localise your letter by naming the city your words are about. Add relevant words describing your subject. Single comma separated words of no more than 5
Your Name(Required)
Your Name will be linked to the website below.
Your personal, business or social media web site
Choose NO to not set up a user account on MyZA. User Accounts will allow you to submit letters under your own Author Name

3 Latest Letters to the Editor:

  • Name of sexual offender?

    Dear Editor 653 Years Imprisonment for 119 Counts of Sexual Offences Against Children Why is this person being protected by anonymity? He has been convicted and sentenced, so please release his identity. Regards LA Morton In Response to/From: 653 Years Imprisonment for 119 Counts of Sexual Offences Against Children

  • Older Persons Grants Land Today — No Need to Queue at Dawn

    Dear Editor, Older Persons grants are paid today, 30 October, under SASSA’s revised November payment schedule — with disability grants on Monday 2 November, children’s grants on Tuesday 3 November, and grants under review on Thursday 5 November. Two things every beneficiary should know. First, grant money does not expire on payment day. It stays…

  • November Grants Pay Early – No Need to Queue at Dawn

    Dear Editor, I run SAGrant (sagrant.co.za), a free resource helping South Africans navigate SASSA grants. November grants pay earlier than usual. Older Persons grants are paid on Friday 30 October, Disability grants on 2 November, and Child Support and other grants on 3 November. Grants still under review are paid on 5 November. The money…

Reader Interactions

Comments

  1. Eish! – an exclamation [Ay-sh] or [ee-sh] A Khoi term usually expressed when someone experiences surprise or shock.

  2. Great dynasties of history

    Egypt: Ayyubid

    South Africa: Zulu

    China: Ming

    Greece: Helena

    Italy: Medici

    U.S.: Duck