Mineral-rich South Africa should expand relationship with China amidst slowed demand

By Dale Benton
Mineral rich regions, particularly those across South Africa, must look at strengthening their relationships with China as the country’s metal demand...

Mineral rich regions, particularly those across South Africa, must look at strengthening their relationships with China as the country’s metal demand continues to cool.

China has long since been a powerhouse in the global metals market, but as the country seeks to realign its focus on the metals industry this has caused a recent downturn for 2018.

For mining markets such as South Africa, now more than ever both mine operators and government should look at expanding their relationship with China in order to enable “more beneficial engagements.”

This is the message coming from Wits University School of Mining Engineering, as a postgraduate and current lecturer released an award-winning paper that examined disruptive technology and innovation in Bangkok, Thailand.

Both authors highlighted the need for South Africa and other developing economies to be better prepared to enter “more beneficial engagements” with China – having become vulnerable to changes in China’s economic growth trajectories.

“The ‘less’ stringent trade terms and conditions, as well as infrastructural development offered by China, have been hailed as the answer to the key economic challenges of many mineral-rich developing countries,” the authors said.


Related stories:

Wits School of mining becomes 15th highest in the world for mining engineering by subject area

South Africa Energy Coal to form new SA operation and move away from South32

Wits School of Mining Engineering appoints new Centennial Chair of Rock Engineering

Centre for sustainability in mining - a culture of change



As China continues to ease its dependency on metal imports, South Africa can look at its trade relations as a means to expand its knowledge on how to develop other areas of its economy. Agriculture, science and technology are but a few sectors that South Africa can develop through its relationship with China.

South Africa is redefining its mineral policies, and the paper highlights how the country could use industrial and minerals policies to steer away from being excessively dependent on minerals and other products with fluctuating global prices.


“New policy directions can provide buffers that will help the economies of mineral-rich developing countries to handle unexpected global economic changes, as well as the aggressive nature of China’s approach to her trading partners, in preparation for another cycle of China’s economic advancement,” they said.



Featured Articles

Geothermal Engineering - UK’s first zero-carbon lithium

Geothermal Engineering Limited will produce enough zero-carbon lithium to supply around 250,000 electric car batteries per annum

ABB and Bridon-Bekaert Ropes collaborate on mine hoists

The two leading OEM companies join forces to develop an integrated service portfolio for ABB mine hoists as ABB seeks to expand its service portfolio

'Patriot awarded Discovery of the Year' at Xplor

Patriot Battery Metals announces that it is the recipient of the 2023 "Discovery of the Year" award from the Quebec Mineral Exploration Association (QMEA)

MML champions Sierra Leone Diaspora Investment Conference


Safety awards for Ramaco


NMG partners with Pomerleau