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Book part
Publication date: 7 January 2016

Óscar Carpintero, Ivan Murray and José Bellver

The aim of this paper is to analyse the recent changes in the role played by Africa as a traditional natural resources supplier for the world economy in a multipolar context. We…

Abstract

The aim of this paper is to analyse the recent changes in the role played by Africa as a traditional natural resources supplier for the world economy in a multipolar context. We highlight, on the one hand, how Africa remains a prominent supplier of critical minerals needed for information and communication technologies (ICT), including platinum, vanadium, coltan, chromium, manganese, zirconium, etc., and how the boomerang effect results in Africa also importing electronic waste. On the other hand, we show how the BRICS’ growth model, based on a very intensive use of natural resources acquired through international trade, is now being fuelled by Africa too. BRICS countries (especially China and India) are making foreign direct investments in Africa using their state companies to ensure the supply of natural resources under favourable economic terms. Thus, Africa appears as a disputed territory between the old domination of the advanced capitalist countries and emerging powers like the BRICS. However, this should not mask the fact that the European Union and North America are still the dominant foreign powers in the continent. Finally, we discuss which scenarios are open to further this multipolar moment, particularly in the wake of the great crisis.

Details

Analytical Gains of Geopolitical Economy
Type: Book
ISBN: 978-1-78560-336-5

Keywords

Article
Publication date: 7 September 2023

John Calabrese

The purpose of this paper is to investigate the trend of transatlantic strategic convergence and policy coordination in response to Chinese trade practices and technological…

Abstract

Purpose

The purpose of this paper is to investigate the trend of transatlantic strategic convergence and policy coordination in response to Chinese trade practices and technological competition, specifically in the critical minerals sector.

Design/methodology/approach

The research draws on primary and secondary source material to identify evidence of and examine the drivers, manifestations and prospects for effective US-European efforts to advance the shared aim of reducing vulnerabilities in critical minerals supply chains.

Findings

The interests of the USA and Europe would be best served by prioritizing their own security, diversification and resilience strategies while seeking areas of common ground and constructive engagement with China.

Research limitations/implications

The research offers a fresh perspective on the growing alignment and persistent gaps in US and European perspectives on China’s rising influence and assertive behavior.

Originality/value

The research highlights the vital role of critical minerals in national security, economic competitiveness, technological advancement and sustainable resource management. It underscores the shared recognition on both sides of the Atlantic that securing a stable supply of critical minerals – essential for maintaining strategic capabilities, driving innovation and ensuring long-term economic prosperity – necessitates tighter transatlantic coordination as well as constructive engagement with China.

Details

Social Transformations in Chinese Societies, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1871-2673

Keywords

Expert briefing
Publication date: 11 June 2021

Although low commodity prices deterred investment in recent years, this is changing as the market rallies. The creation of a regional electric vehicle (EV) supply chain straddling…

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DOI: 10.1108/OXAN-DB262041

ISSN: 2633-304X

Keywords

Geographic
Topical
Expert briefing
Publication date: 28 February 2024

Mineral exports from the Central African Copperbelt in the Democratic Republic of the Congo (DRC) and Zambia are rising and existing export routes via South Africa do not have the…

Expert briefing
Publication date: 14 February 2022

This dominance will help China to develop other energy transition technologies. Rival economies are seeking to improve their access to resources but face a huge challenge to…

Details

DOI: 10.1108/OXAN-DB267305

ISSN: 2633-304X

Keywords

Geographic
Topical
Expert briefing
Publication date: 31 March 2023

The bill focuses on sourcing, extraction, processing and recycling of materials necessary for the production of solar panels, electric vehicles, heat pumps, wind farms…

Details

DOI: 10.1108/OXAN-DB278056

ISSN: 2633-304X

Keywords

Geographic
Topical
Expert briefing
Publication date: 21 May 2021

Trade-offs with other policy concerns such as domestic job creation pose political dilemmas. Both green technology products and their inputs are increasingly seen as strategic…

Expert briefing
Publication date: 27 April 2021

Short-term factors combined to strengthen prices, including widespread flooding in China’s Sichuan province and low capacity utilisation among producers outside China. In the…

Expert briefing
Publication date: 27 June 2023

Investor sentiment has been dented by China’s large production quotas and the threat of substitution in magnet making. However, price-supporting production cuts are possible…

Details

DOI: 10.1108/OXAN-DB280101

ISSN: 2633-304X

Keywords

Geographic
Topical
Article
Publication date: 1 October 2010

P. van der Zwan and P. Nel

The Minerals and Petroleum Resources Royalty Act (MPRRA) became effective on 1 March 2010. This legislation may have a significant impact on employment, foreign investment and…

1258

Abstract

The Minerals and Petroleum Resources Royalty Act (MPRRA) became effective on 1 March 2010. This legislation may have a significant impact on employment, foreign investment and future exploration in the South African mining industry. This article reports on a critical analysis of the MPRRA prior to its implementation in order to identify aspects that may impact adversely on the South African mining industry and would require further research after the implementation of the MPRRA. Based on the findings, the authors recommend that the impact of the level of royalties levied as well as the mechanism to promote downstream beneficiation be researched to establish whether the legislators ought to reconsider these provisions in the light of their impact on the mining industry.

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