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ELMET GROUP CO

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Commented by Stefan Feulner on September 18th, 2026 | 08:05 CEST

Glencore, Kobo Resources, Elmet Group: Gold Discovery and Billion-Dollar Deal

Mining
Gold
Commodities
Africa

The race for raw materials is intensifying. The US is investing directly in strategic metals, Western companies are seeking new sources of supply, and resource-rich countries increasingly want to process their own mineral wealth rather than simply export ore. As a result, Africa is moving further into the spotlight. The continent holds vast mineral resources, but has so far participated only to a limited extent in downstream value creation. That is now beginning to change.

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