Traxys Expands Critical Mineral Sourcing in Africa
The firm is targeting tantalum, tungsten, and nickel supplies to help diversify global critical mineral chains.
Updated on Oct. 30, 2026 in Africa
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Traxys is actively exploring new sourcing opportunities for critical minerals across East and Central Africa. The move aims to support international efforts to diversify supply chains and reduce reliance on Chinese processing.
Why it matters
Governments are seeking to stabilize supply chains for materials essential to modern technology and security. By securing resources from new regions, firms can mitigate risks associated with over-dependence on a single dominant source.
Africa currently accounts for 10.6% of global critical mineral exports, while the Democratic Republic of Congo produced 51% of global tantalum in 2024. The United States maintains a $12 billion strategic critical minerals reserve to support supply stability.
The players
Traxys
This is a physical commodity trader and logistics provider that manages the supply chain for metals and minerals used in industrial production.
The details
Traxys currently operates in South Africa and Zimbabwe while evaluating expansion in nations like Rwanda, a top global producer of tantalum and tungsten. The company utilizes established due diligence procedures to manage sourcing from conflict-affected and high-risk areas.
Timeline
2024: The Democratic Republic of Congo accounted for 51% of global tantalum production.
2025: Traxys expanded its corporate operations into Riyadh, Saudi Arabia.
2026: Traxys opened a new regional office in Tashkent, Uzbekistan.
October 29, 2026: The Traxys CEO confirmed the ongoing evaluation of African sourcing opportunities.
Travel Outlook
This regional expansion aligns with the goals of the U.S. government strategic critical minerals reserve to ensure the long-term availability of vital resources. It marks a significant shift in corporate procurement strategies to prioritize geographical diversity in the face of volatile global supply chains.
The expansion of industrial operations in East and Central Africa may increase business-related travel and logistical activity within these emerging corridors. Travelers and stakeholders should monitor local infrastructure developments and regional security updates before planning site visits.
The takeaway
Securing reliable mineral sources remains a top priority for global trade entities aiming to insulate themselves from geopolitical supply shocks. Businesses should focus on transparent due diligence when entering new high-risk, high-reward markets.
Further reading
For more on the developing infrastructure in the region, see Africa.
Source note: This article includes information reported by Ecofin Agency.
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