US and South Africa begin dialogues on critical minerals

US and South African officials and mining executives have held two meetings to explore joint development of critical minerals projects. The talks aim to strengthen economic ties and ease diplomatic strains between the two countries.

Senior officials, business leaders and union representatives from both nations met in Johannesburg on 6 May. The session was hosted by the Center for Strategic and International Studies and followed an earlier gathering in Washington during March.

Participants focused on concrete projects such as the Phalaborwa rare earths initiative, which already receives support from the US-backed investor TechMet. A mining executive present said the goal was practical collaboration rather than formal government agreements.

South African President Cyril Ramaphosa endorsed the effort in an April address to the American Chamber of Commerce. US Ambassador Brent Bozell and officials from the Export-Import Bank also attended the Johannesburg discussions.

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Presidents Lula and Trump shaking hands at a table in the Oval Office with flags and topic documents
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Lula and Trump meet today in Washington focusing on bilateral issues

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Presidents Luiz Inácio Lula da Silva and Donald Trump hold a meeting at the White House on Thursday. The talks cover organized crime, trade tariffs and critical minerals. Cuba is expected to remain a secondary topic, according to Itamaraty sources.

On January 28, 2026, China's Zijin Mining announced a US$4 billion takeover of Allied Gold's three African mines. On February 3, Swiss mining giant Glencore entered talks to sell a 40 per cent stake in its Democratic Republic of Congo (DRC) copper and cobalt operations to the US-backed Orion Critical Mineral Consortium. These developments underscore the escalating competition between China and the United States over critical minerals.

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Brazil's Chamber of Deputies approved a bill on Wednesday that sets rules for the exploration of critical minerals and rare earths. The text includes R$ 5 billion in incentives and a council with veto power over foreign partnerships. The vote came on the eve of a meeting between Presidents Lula and Donald Trump.

Joel Netshitenzhe, executive director of the Mapungubwe Institute, delivered a presentation on global power dynamics at the eThekwini Colloquium, highlighting the tension between unipolarity and emerging multipolarity. He discussed China's economic rise and the United States' internal challenges amid ongoing great power transitions. Netshitenzhe urged South Africa to leverage its resources and build strategic alliances in response.

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At the Southern Africa Oil and Gas Conference in Cape Town, Minister Gwede Mantashe urged harnessing South Africa's oil and gas resources amid disruptions from the US-Israeli war on Iran. He stressed legislative urgency to avoid litigation delays. Industry leaders echoed calls for diversified energy portfolios.

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