The Energy Transition in Mali

Mali is positioning itself for a significant role in the energy transition, focusing on diversifying its energy sources and expanding renewable energy infrastructure. While the country has traditionally relied on hydropower and portable generators, there is increasing interest in developing its solar and wind energy potential to enhance energy security and sustainability. As Mali navigates its energy transition, it is also focusing on developing its critical mineral resources, particularly lithium and gold. These resources are essential for the global clean energy transition, as lithium is a key material in battery production, and gold plays a role in various industrial applications. Mali is increasingly becoming a key player in global mineral supply chains, but this development is accompanied by ESG challenges. The country strives to balance its mineral wealth with sustainable practices, ensuring that its energy transition is economically beneficial and environmentally responsible. Mali is rich in critical minerals, with substantial gold reserves being a cornerstone of its economy. The country’s exploration of lithium, a vital resource for battery storage and electric vehicle technologies, is also gaining momentum. In addition to its gold production, Mali is working to enhance its mining infrastructure and expand the extraction of other minerals to meet the growing global demand for green technologies. By harnessing its renewable energy potential and mineral resources, Mali positions itself for long-term economic growth while contributing to the global clean energy transition.