POSCO Inter·Samsung C&T and Other Korean Companies to Jointly Explore Key Minerals in Africa

The 1st Korea-Africa Critical Minerals Dialogue

South Korean companies such as POSCO International, LX International, and Samsung C&T participated in discussions with the government on joint exploration and development of critical minerals in Africa. This is expected to be an opportunity to strengthen cooperation with African countries, which are known to hold 30% of the world's critical mineral resources.

On the 4th (local time), the Ministry of Foreign Affairs announced on the 5th that the '1st Korea-Africa Critical Minerals Dialogue' was held in Cape Town, South Africa, chaired by Second Vice Minister Kang In-seon, to discuss cooperation measures. This event served as a platform for communication on the topic of 'critical minerals' and was held in conjunction with 'Mining Indaba,' Africa's largest mining event.

On the 4th (local time), the "1st Korea-Africa Critical Minerals Dialogue" was held in Cape Town, South Africa, chaired by Kang In-seon, Deputy Minister for Foreign Affairs. Ministry of Foreign Affairs

In his opening remarks, Vice Minister Kang said, "Cooperation on critical minerals requires, like actual mineral mining, long patience, effort, and building a mutually trustworthy partnership above all else," adding, "We aim to establish long-term and mutually beneficial partnerships with African countries in the field of critical minerals."

In the first session of the day, Yoon Yong-seok, head of the Mineral Resources Team at the Ministry of Trade, Industry and Energy, and Kwon Soon-jin, director of the Korea Mine Reclamation Corporation, presented the Korean government's critical minerals supply chain policy aimed at stable supply and diversification of supply chains.

Following this, Korean companies such as POSCO, LX International, and Hyundai Everdigm expressed their willingness to expand cooperation with Africa and introduced major ongoing projects.

In the second session, representatives from African countries stated, "We hope to enhance the added value of resources and revitalize local economies through cooperation with Korea, which possesses innovative technologies in the fields of critical mineral mining and exploration."

The event was attended by over 100 people, including government delegations from Korea and 11 African countries?Algeria, the Republic of Congo, C?te d'Ivoire, Gambia, Lesotho, Morocco, Senegal, Tanzania, Uganda, Zambia, and Zimbabwe?as well as key officials from major mineral-related institutions and companies.

This content was produced with the assistance of AI translation services.