The World Bank Group is now helping countries rich in minerals to use their resources for long-term growth instead of just selling them raw.Many developing nations with abundant minerals like cobalt, lithium, copper, and rare earths often struggle to make their wealth benefit most people.This initiative focuses on creating jobs, building local industries, and improving governance so that more value stays within the country.For example, the Democratic Republic of Congo, Zambia, and Zimbabwe are receiving support to modernize mining sectors and train local officials.

Environmental protection and social safeguards are also emphasized, ensuring communities gain from mining through jobs, infrastructure, and fair revenue sharing.

With global demand for minerals in green energy technologies expected to grow rapidly, these programs aim to help countries negotiate better deals with foreign companies and invest in processing industries at home.The World Bank stresses that real success takes decades, requiring strong institutions and continued commitment.Latin American nations like Chile, Peru, and Argentina are also participating, especially for lithium development.Overall, the program could help millions escape poverty while supporting the worldwide transition to clean energy.