Thursday, May 23, 2024

US evaluating presence of ‘critical mineral resources’ in Botswana

A report from United States Institute of Peace (USIP), an American federal institution based in Washington, lists Botswana among SADC countries in which the United States Geological Survey (USGS) is currently evaluating the presence of “critical mineral resources.”  This evaluation is also being undertaken in South Africa, Democratic Republic of Congo, and Zambia.

The Energy Act enacted by the US Congress in 2020, which requires the USGS to update the list every three years, defines a “critical mineral” as a nonfuel mineral or mineral material essential to the economic or national security of the US and which has a supply chain vulnerable to disruption. The most recent USGS list was published in February 2022 and, in terms of the aforementioned statutory requirement, a new list should be published in 2025. The current list includes 50 minerals and elements of critical importance.

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