Today: 7 February 2025
26 May 2024
1 min read

Namibia seeks leading role in critical minerals supply

According to Alweendo, Namibia’s vision is to be a significant and trusted player in the supply chain of critical minerals in support of the global energy transition…reports Asian Lite News

Namibia is positioning itself as a crucial player in the global supply chain of critical minerals essential for the green energy transition, a senior official said Thursday.

Speaking at a minerals discussion in the capital of Windhoek, Minister of Mines and Energy Tom Alweendo outlined the country’s strategy to leverage its rich mineral resources for local socio-economic development and the global shift toward renewable energy.

“Namibia is endowed with some of the needed critical minerals, and it must count for something,” Alweendo said, emphasizing the increasing global demand for critical minerals driven by the transition to renewable energy sources and advancements in technology.

Alweendo stressed the need for a “globally coordinated effort to ensure the sustainability of the critical minerals supply chains,” calling for dialogue and collaboration between resource-rich and resource-poor countries.

He highlighted Namibia’s approach to the energy transition, advocating for a just process that takes into account African circumstances.

“Pushing Africa to move forward with an energy transition on any timetable other than our own is yet another example of the lack of appreciation the global community has for African priorities,” he said.

According to Alweendo, Namibia’s vision is to be a significant and trusted player in the supply chain of critical minerals in support of the global energy transition.

Namibia aims to attract international investment to build a competitive critical minerals sector that creates jobs across the value chain, from exploration and mining to processing and manufacturing.

Alweendo noted that the country has intensified its global outreach over the past two years, yielding positive results.

In addition to critical minerals, Namibia is also focusing on green industrialization through initiatives such as its green hydrogen strategy.

“Our green hydrogen strategy is a bold initiative, and we are convinced that it is a critical step in shifting toward a green and modern global economy,” Alweendo said.

ALSO READ-Dubai showcases competitive advantages at Africa CEO Forum

Previous Story

UAE engages global community Bali World Water Forum  

Next Story

India vows to strengthening African role in security

Latest from -Top News

‘Ozoum’ shines light on social change 

A groundbreaking Saudi television series is offering an unprecedented glimpse into the Kingdom’s social transformation, captivating domestic audiences and challenging long-standing perceptions, writes Pedro Carvalho  A groundbreaking television series is offering unprecedented

KCF Festival Unites Karnataka Talent in UAE 

Enthusiastic participants displayed Karnataka’s cultural legacy through various artistic performances, making the event a grand celebration of talent.   The 6th edition of the KCF UAE National Level Talent Festival, Prathibhotsava 25, was

SME growth in focus at UAE-South Africa talks 

Bin Salem highlighted that SMEs constitute over 75-80 percent of total enterprises globally…reports Asian Lite News   Humaid Mohammed bin Salem, Secretary-General of the Federation of UAE Chambers of Commerce and Industry

UAE unveils Green IP roadmap to boost innovation 

This three-month initiative seeks to enhance the country’s IP competitiveness while supporting its transition to a circular economy. ..reports Asian Lite News The UAE Ministry of Economy has introduced a new “Green Intellectual
Go toTop

Don't Miss

Namibia to Welcome India’s UPI Payment System

The partnership aims to assist Namibia modernise its financial ecosystem

Dubai Ruler Visits Namibia Pavilion

Sheikh Mohammed and Geingob then took a tour of the