South African Miners' Access to U.S. Market at Risk as Trade Pact Set to Expire

South African Miners' Access to U.S. Market at Risk as Trade Pact Set to Expire

August 14, 2023, S&P Global Commodity Insights

Mosa Mkhize’s commentary on the looming expiration of the African Growth and Opportunity Act (AGOA) was included in an S&P Global Commodity Insights analysis. The article explores how South African miners of platinum, manganese, and other battery metals will be affected by a potential failure to extend the act for the first time since its adoption in 2000.

"Industry players in the platinum sector have been particularly vocal," said Mosa. "South Africa, as the world's largest exporter of platinum, with the US receiving the majority of exports followed by Japan, the UK, and Germany, faces significant risks with respect to prospects beyond AGOA."