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South Africa Draws the Line: No More Mineral Bullying
South Africa Draws the Line: No More Mineral Bullying
Sputnik Africa
South Africa Draws the Line: No More Mineral Bullying 30.07.2025, Sputnik Africa
2025-07-30T16:11+0200
2025-07-30T16:11+0200
2025-07-30T16:39+0200
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South Africa Draws the Line: No More Mineral BullyingMantashe emphasized South Africa’s stance on value addition, calling for a shift from raw exports to local processing: “X percentage of what is mined must be processed in South Africa.” He also stressed the need to make electricity a competitive advantage again, questioning why the country went from having some of the world’s lowest electricity prices to among the highest.On trade, he remained open but clear-eyed:Noting that China, not the US, is South Africa’s top trading partner, Mantashe pushed for diversification and greater global leverage.His comments reflect growing frustration among resource-rich nations over global power dynamics and a call for more equitable partnerships: “They must talk to us about us, and not be victims of developed wealth.” Mantashe’s words echo the broader message of the G20 engagement: value chains must be inclusive, fair, and driven by cooperation—not coercion.
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South Africa Draws the Line: No More Mineral Bullying
Sputnik Africa
South Africa Draws the Line: No More Mineral Bullying
2025-07-30T16:11+0200
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sputnik africa, south africa, united states (us), china, mining, brics, trade, free trade, free trade agreement, tariff, southern africa
South Africa Draws the Line: No More Mineral Bullying
“We should never be bullied for our own resources,” SA’s Mineral Resources Minister Gwede Mantashe said an interview at the G20 Critical Minerals Stakeholder Engagement.
Mantashe emphasized South Africa’s stance on value addition, calling for a shift from raw exports to local processing: “X percentage of what is mined must be processed in South Africa.”
He also stressed the need to make electricity a competitive advantage again, questioning why the country went from having some of the world’s lowest electricity prices to among the highest.
On trade, he remained open but clear-eyed:
“If the US imposes high tariffs, we must look for alternative markets.”
Noting that China, not the US, is South Africa’s top trading partner, Mantashe pushed for diversification and greater global leverage.
His comments reflect growing frustration among resource-rich nations over global power dynamics and a call for more equitable partnerships: “They must talk to us about us, and not be victims of developed wealth.”
Mantashe’s words echo the broader message of the G20 engagement: value chains must be inclusive, fair, and driven by cooperation—not coercion.
