lobal commodities group Trafigura has entered into exclusive negotiations with the Egyptian Aluminium Company (Egyptalum) and the Metallurgical Industries Holding Company (MIH) to develop a new primary aluminium smelter, in Egypt, at a cost of between $750-million and $900-million.
The traditional global rules-based order is actively being reshaped, with arbitration being pulled into the front lines, and over time, geopolitics, not just the rule of law, determining how cross-border disputes have been resolved.
The basic earnings of South Africa’s African Rainbow Minerals (ARM) for the first half of its 2026 financial year are expected to increase by between 65% and 75% to between R2 300-million and R2 440-million, the diversified mining company stated in a Johannesburg Stock Exchange news service announcement on Tuesday, February 24.
The US imposed an additional tariff from Tuesday of 10% on all goods not covered by exemptions, a notice issued by US Customs and Border Protection (CBP) said, the rate initially announced by President Donald Trump on Friday rather than the 15% he promised a day later.
President Cyril Ramaphosa has described the move to establish a fully independent State-owned transmission company as “one of the most important reforms in our country’s history”, while confirming the composition of the dedicated task team he has established to clarify the implementation and timing of its establishment.
Mexico has taken back 1,126 mining concessions, equivalent to 889,000 hectares, since October 2024, said Fernando Aboitiz, head of mining in Mexico’s economy ministry.
France will invest 50 million euros ($59.61 million) in a minority stake in Imerys’ lithium mine project, and could be joined by other investors in the country’s flagship project for the battery metal, Imerys said.
South Africa and China have signed a framework trade and investment agreement aimed at providing duty-free access to the Chinese market to more South African products and facilitating Chinese investment into South Africa.
Senators will introduce legislation on Wednesday to reauthorize funding for the United States Export-Import Bank for the next decade, as lawmakers try to inject an extra $70-billion into the agency to support US President Donald Trump's critical minerals push, the Financial Times reported on Wednesday.
Over the next 75 years, Europe will either face unprecedented migration as millions of Africans seek work and opportunity, or Africa must generate enough economic growth and jobs to support its rapidly expanding population at home, Atlantic Council Africa Center senior fellow and former Goldman Sachs sub-Saharan Africa CEO Colin Coleman has warned.
