GUINEA Law and Practice Contributed by: Kanto Andrianjakamanantsoa and Tiavina Rakotonaivo, John W Ffooks & Co
6. Mining: Outlook and Trends 6.1 Two-Year Forecast for the Mining Sector The Republic of Guinea is rich in mineral resources such as graphite, cobalt and lithium, all of which contribute to the country’s energy- transition minerals. However, the country has no specific plans for energy-transition minerals. The government’s priority projects relate to renew - able energy – solar, wind and hydraulic power – to improve electricity services in the Repub - lic of Guinea. The authors are not aware of any government initiatives or prospects regarding the mineral energy transition. As a result, no change in this area is expected in the next cou - ple of years.
With regard to carbon net zero, the authors are not aware of any initiatives or prospects envis - aged to achieve carbon net zero or carbon neu - trality in the Republic of Guinea. However, the current law and the national strategy on climate change, imposed by the Ministry of the Environ - ment, requires that the exploitation of Guinea’s mineral resources be climate-compatible and developed in an environmentally friendly man - ner, gradually combining the use of low-emission energy sources and technologies. The authors are not aware of any impending changes in legis - lation in the mining sector, including in respect of energy-transition minerals and carbon net zero.
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