Junior miners are the pioneers of the future in developing new resources

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Junior miners are the pioneers of the future in developing new resources
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Junior miners are playing an increasingly important role in producing the critical minerals needed for decarbonisation and the Just Energy Transition (JET), according to Dr. Eduard Vorster, Managing Director, Resources at leading consulting engineering and infrastructure advisory firm Zutari. “These are really the pioneers that find new resources in, for instance, the critical raw mineral types in demand at present and that will be sought after in future,” says Dr. Vorster. These include Rare Earth Elements (REEs), a group of 17 elements. Neodymium, dysprosium, and praseodymium are particularly important for the production of powerful magnets used in wind turbines and electric vehicle motors.

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“These are really the pioneers that find new resources in, for instance, the critical raw mineral types in demand at present and that will be sought after in future,” says Dr. Vorster. These include Rare Earth Elements , a group of 17 elements. Neodymium, dysprosium, and praseodymium are particularly important for the production of powerful magnets used in wind turbines and electric vehicle motors.

“That is a slightly different outlook to someone building with their own money. We are able to perceive the wider value chain on behalf of junior miners, as we understand the licensing issues and the urgency for a ‘fit-for-purpose’ solution to kickstart a viable project.” Zutari can assist junior miners to achieve their environmental, social, and governance goals. “The whole discussion around ESG is interesting. We feel very passionate about ESG and the impact it allows us to have,” says Dr. Vorster. Junior miners often do not have ESG top of mind as they contend with rising input costs and electricity constraints. It means that, while critical, ESG compliance tends to be onerous for junior miners.

Dr. Vorster represented Zutari at the Junior Mining Indaba held recently in Johannesburg. He was accompanied by Dr. Heinrich Jantzen, a seasoned Zutari mining consultant and former mining executive, and Daniel Chelopo, a qualified Project Management Professional , with over a decade’s experience in mineral processing and bulk materials handling projects.

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