The ‘new geopolitics’ of mineral supply chains: A window of opportunity for African countries

Abstract

ABSTRACT Following the COVID-19 pandemic and the Russian invasion of Ukraine, the focus of many industrialised states has shifted regarding where they secure raw materials; a revised geopolitical perspective has impelled states to reduce strong dependencies on certain countries. For the European Union, its proposed Critical Raw Materials Act could have a crucial impact on the economic relationship of EU countries with China, currently the most important source of processed minerals to the EU, causing them to set ambitious diversification targets. How will this rise of a ‘new geopolitics’ of mineral supply chains shape the relationship between the EU and other trading partners, such as mineral-rich countries on the African continent? And how might African economies work to maximise their own benefit from this refocus? The article explores current geopolitical dynamics as they relate to the restructuring of supply chains, as well as opportunities for African economies.