Policies Driving South Africa’s Extractive Sector Growth

South Africa’s Ministry of Mineral and Petroleum resources has introduced four key policy changes aimed at strengthening the competitiveness of the country’s mining and petroleum industries. The policies, aligned with broader economic growth objectives, seek to attract new investment across the extractives sector while enhancing value addition and industrialization. As the world’s top producer of platinum group metals (PGMs), policy reforms stand to support accelerated growth across the PGM industry.