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Morocco Proposes Sustainable Mining Corridor

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First with the News

Morocco Proposes Sustainable Mining Corridor

January 15, 2025
in Top Stories, World
0
Leila Benali

Leila Benali

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By Ebi Kesiena

Morocco has signalled its readiness to collaborate with international partners to develop sustainable and responsible mineral value chains.

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Morocco’s Energy Transition and Sustainable Development Minister, Leila Benali, reaffirmed the nation’s dedication to fostering regional and international cooperation in the mining sector.

Speaking at the 4th International Meeting of Mining Ministers in Riyadh, Saudi Arabia, Benali outlined Morocco’s vision for sustainable mining practices and introduced an innovative initiative known as the “OTC Corridor.”

According to her, this strategic framework is centred on the principles of origin, transit, and certification, adding that the initiative emphasises three core principles: integrating advanced technology, eliminating trade barriers, and implementing rigorous regulations.

She explained that the introduction of strict regulatory frameworks is designed to ensure the sustainability of mining activities while minimising their environmental impact.

Minister Benali highlighted Africa’s abundant mineral resources and their strategic importance to industries like renewable energy and advanced technologies. However, she emphasised the urgent need for responsible mining practices that uphold social rights and labour standards, particularly in protecting children from exploitation.

‘‘Africa holds substantial shares of global critical mineral reserves, including 55% of cobalt, 7.65% of manganese, and 5.9% of copper. Despite this wealth, the continent captures only 40% of potential revenues due to governance challenges, inadequate infrastructure, and a lack of value-added activities,’’ she said.

Benali called for increased investment in research and development, particularly in recycling materials, sustainable water resource management, and reducing the ecological footprint of mining operations.

Through this vision, Morocco aims to contribute to a more sustainable and equitable future for the mining industry in Africa and beyond.

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