Sun. Dec 8th, 2024

New Delhi [India] October 24: The global demand for non-ferrous metals continues to surge, Africa has emerged as a pivotal player in the production of key resources like tin and tantalum. In 2023, the continent contributed an impressive 12% of the world’s tin production, although its limited smelting capacity necessitates that most tin concentrates are exported to smelters in Asia for further processing. In contrast, the Democratic Republic of the Congo (DRC) stood out as the world’s largest producer of tantalum in 2023, with an estimated output of 980 metric tons.

Other significant tantalum-producing nations include Brazil, China, Russia, and Rwanda. Recognizing the immense potential of Africa’s rich mineral resources, Sizer Metals is strategically expanding its operations across the Rwanda and East Africa, by focusing on the supply possibilities of tin ingots, tin concentrates, tantalum, and other non-ferrous metals, Sizer Metals aims to enhance its market presence while contributing to the sustainable development of local economies. 

SIZER METALS

A ROBUST FOUNDATION FOR EXPANSION

Sizer Metals has a longstanding reputation for excellence in supply chain management and production capabilities, with a focus on sustainability and innovation, the company has made significant investments in Rwanda and East Africa, establishing partnerships and operational frameworks that enhance its ability to supply tin ingots, tin concentrates, tantalum, and other non-ferrous metals. The company recognizes Rwanda and East Africa’s rich mineral resources and is committed to responsible sourcing practices that benefit local communities and economies.

TIN INGOTS AND TIN CONCENTRATES

Tin is an essential metal used in various applications, including electronics, packaging, and manufacturing. Sizer Metals has identified key regions in Africa rich in tin deposits, particularly in countries like Rwanda and East Africa, the Democratic Republic of Congo (DRC), and Nigeria. According to the International Tin Association, global tin consumption is projected to reach 400,000 metric tons by 2025, creating a substantial market for Sizer Metals’ products.

The company’s focus on sourcing tin ingots and concentrates from these regions not only meets growing market demand but also supports local mining operations, by collaborating with artisanal miners and local communities, Sizer Metals fosters a sustainable supply chain that emphasizes fair labor practices and environmental stewardship.

TANTALUM: A GROWING DEMAND

Tantalum, known for its high melting point and excellent conductivity, is increasingly vital in the electronics and aerospace industries, as global demand for tantalum rises, Sizer Metals has positioned itself as a key supplier from Africa, particularly through partnerships in the DRC and Rwanda, which are among the top producers of tantalum globally. The Tantalum-Niobium International Study Center (TIC) reported that tantalum production in Africa accounted for about 50% of the global supply in 2023.

Sizer Metals is committed to sourcing tantalum responsibly, ensuring compliance with international standards and guidelines, such as the OECD Due Diligence Guidance for Responsible Supply Chains. This commitment not only enhances the company’s reputation but also reinforces its market position in a sector increasingly scrutinized for ethical sourcing.

DIVERSIFICATION INTO OTHER NON-FERROUS METALS

In addition to tin and tantalum, Sizer Metals is exploring opportunities in other non-ferrous metals, including lithium and cobalt, with the rise of electric vehicles (EVs) and renewable energy technologies, the demand for these metals is surging. According to the World Bank, the demand for lithium could increase by over 500% by 2050 as global efforts to decarbonize intensify.

The company’s strategy to diversify its portfolio ensures a robust supply chain capable of meeting the future demands of various industries, by leveraging Africa’s rich mineral resources, Sizer Metals is not only strengthening its position in the global market but also contributing to the continent’s economic development.

COMMITMENT TO SUSTAINABLE PRACTICES

Sizer Metals recognizes the importance of sustainability in its operations. The company adheres to rigorous environmental and social governance (ESG) standards, ensuring that its mining activities do not harm the environment or local communities. Through investments in community development projects, education, and healthcare, Sizer Metals aims to create a positive impact in the regions where it operates.

CONCLUSION

Sizer Metals continues to expand its footprint in Africa, it is poised to play a significant role in the global non-ferrous metals market, with a focus on sustainable practices and responsible sourcing, the company is not only meeting the increasing demand for tin, tantalum, and other metals but also contributing to the economic growth and development of African nations, by leveraging its expertise and commitment to excellence, Sizer Metals is set to thrive in Africa’s burgeoning metals landscape.

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