Article

South Africa's Industrial Development Corporation has invested $20 million in Frontier Rare Earths' Zandkopsdrift project, aimed at reducing the EU's dependence on China for critical minerals. The investment will fund a feasibility study for the project, which plans to produce rare earth products and battery-grade manganese from 2030. The European Union designated Zandkopsdrift as a strategic project in 2025, and Frontier has partnered with Carester SAS for extraction technology.