Mining companies reluctant to invest in South Africa amid ongoing infrastructure crises
A mine worker walks underground. Mining companies are reluctant to invest in SA amid ongoing infrastructure crises.Mining companies are reluctant to invest long term in the domestic economy because of the uncertainty that has lingered as the country struggles to resolve its energy and water crises and the problems persist at Transnet’s freight rail.
Rossouw said domestically, while there might be an intention to provide some support towards critical minerals extraction from government, this is yet to come through. It reads:"The transition to renewable energy and a low-emissions economy will not, however, be straightforward - and neither will change in the mining industry’s makeup."
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