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Copper is relaunching on the international market after a year of scarcity 1 Copper International 

Copper is relaunching on the international market after a year of scarcity

arnbethnic
On the rise in the global market, copper was trading at 9,188.85 USD on Friday, January 20, 2023. Based on indications from the London Stock Exchange, copper is trading at USD 9,188.85 per tonne as of Friday, January 20, 2023. Although the valid reasons are not mentioned for this increase of almost 600 USD, experts in the sector inform that the giant of the trade Trafigura plans to withdraw a significant volume of copper from the stores of the LME. The metal should stay on the continent, say the same… Read More Here
Climate change action could set off a copper mining boom: How Zambia can make the most of it 2 Copper Mining in Zambia 

Climate change action could set off a copper mining boom: How Zambia can make the most of it

arnbethnic
The country has substantial reserves of copper and cobalt, critical metals for the transition from fossil fuels to renewable energy By Twivwe Siwale, Eric Werker At last year’s US Africa leaders summit in Washington the US signed an historic memorandum of understanding with Zambia and the Democratic Republic of Congo to develop an electric vehicle battery supply chain. At the summit, Zambian President Hakainde Hichilema also announced that Kobold metals, an exploration firm backed by billionaires Bill Gates, Jeff Bezos and Richard Branson, will invest $150 million to develop a new mine in Zambia. Zambia… Read More Here
In A First In Asia, Adani To Deploy Hydrogen Powered Trucks For Mining 3 Equipment & Technology Green Energy International Technology & Innovation 

In A First In Asia, Adani To Deploy Hydrogen Powered Trucks For Mining

arnbethnic
For the first time in Asia, hydrogen powered trucks will soon be deployed for mining operations in India. In this regard, Adani Enterprises Limited (AEL) on Tuesday (17 January) announced its collaboration with India’s Ashok Leyland and Ballard Power of Canada. The agreement aims to develop a hydrogen fuel cell electric truck (FCET) for mining logistics and transportation. This collaboration marks Asia’s first planned hydrogen powered mining truck. The demonstration project will be led by AEL. While Ballard, a leading PEM fuel cell engine manufacturer, will supply the fuel cell… Read More Here
Australia’s SEA in $1 billion deal to electrify 8,500 Hilux and Landcruisers for miners 4 Technology & Innovation Equipment & Technology Transport and Logistics 

Australia’s SEA in $1 billion deal to electrify 8,500 Hilux and Landcruisers for miners

arnbethnic
Victorian based electric vehicle specialist SEA Electric is partnering with Europe’s Mevco in a landmark $1 billion deal to supply 8,500 electrified Toyota Hilux and Lancruiser vehicles to the mining industry. SEA Electric CEO Tony Fairweather says the deal is the largest of its kind in the world and marks a significant shift to electrified transport for commercial vehicles in the mining industry.  The conversions will take place at SEA’s Dandenong 4000 square metre factory, which will grow to 8000 square metres as SEA expands to the neighbouring property. At… Read More Here
WAE Delivers First Haul Truck Battery to FMG 5 Battery Metals Equipment & Technology International Technology & Innovation 

WAE Delivers First Haul Truck Battery to FMG

arnbethnic
Fortescue’s decarbonization journey has taken a major step forward. WAE Technologies recently delivered the largest battery of its kind, ready to be installed in a prototype zero-emission battery-electric haul truck that Fortescue Metals Group (FMG) is developing with Liebherr. The 1.4-megawatt-hour prototype power system will be integrated into a 240-ton haul truck. “WAE and Fortescue are working together to seek to decarbonize faster and more effectively than any other major industrial company in the world,” Fortescue Future Industries CEO Mark Hutchinson said. “The battery system, designed for our zero-emission battery… Read More Here
ZCCM Investments Holdings Appoints Dr. Ndoba Joseph Vibetti as CEO 6 Mining Personality Copper Mining in Zambia 

ZCCM Investments Holdings Appoints Dr. Ndoba Joseph Vibetti as CEO

arnbethnic
The Board of Directors of ZCCM Investments Holdings has announced the appointment of Dr. Ndoba Joseph Vibetti as the new Chief Executive Officer of ZCCM-IH, effective February 1st, 2023. Dr. Vibetti brings over 35 years of experience in the mining, financial and academic sectors, having spent the majority of his career with the Industrial Development Corporation of South Africa in various roles. He currently serves as a Consulting Dealmaker in IDC South Africa’s Mining & Metals Strategic Business Unit, leading the corporation’s investment efforts in the Democratic Republic of Congo.… Read More Here
FQM RECORDS YEAR-ON-YEAR INCREASE IN COPPER PRODUCTION AT SENTINEL MINE 7 Copper Mining in Zambia 

FQM RECORDS YEAR-ON-YEAR INCREASE IN COPPER PRODUCTION AT SENTINEL MINE

arnbethnic
First Quantum Minerals has reported a year-on-year increase to 242,000 tonnes of copper production at its Sentinel mine, 9,000 tonnes higher than in 2021, and record quarterly production of 73,000 tonnes in the fourth quarter of 2022, 13,000 tonnes higher than Q4 2021 and 9,000 tonnes higher than Q3 2022. However, production at its Kansanshi was 146,000 tonnes, which was lower than in 2021 due to lower grades. The lower production reflects a combination of lower sulphide grades from narrow-veined regions, depleting oxide ore, and restricted access to high-grade blocks… Read More Here
MAAMBA COLLIERIES COMPLETES SCHEDULED MAINTENANCE THREE DAYS AHEAD OF SCHEDULE 8 Mining in Zambia Electricity Energy 

MAAMBA COLLIERIES COMPLETES SCHEDULED MAINTENANCE THREE DAYS AHEAD OF SCHEDULE

arnbethnic
SINAZONGWE, ZAMBIA – Maamba Collieries Limited (MCL) has completed its scheduled maintenance works on one of its two 150 MW units at the coal-fired thermal power plant three days ahead of schedule and has since resumed operations at full capacity and is supplying full power to ZESCO. MCL has upheld its commitment made to the GRZ and ZESCO, during His Excellency the Republican President of Zambia Mr Hakainde Hichilema’s visit to Maamba on 8th January 2023, to commence operations well before the scheduled date of 20th January 2023. His Excellency inspected… Read More Here

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