Battery Metals - Copperbelt Katanga Mining

Chinese Company to Create 2,000 Jobs in Zambia with Car Battery Manufacturing Venture 1

Over 2,000 employment opportunities are on the horizon for Zambians in the coming year, courtesy of the Better Technology Group, a Chinese company set to embark on the manufacturing of motor vehicle batteries at the Jiangxi Multi Facility Economic Zone in Chibombo District. According to Company President Polly Wei, the production of car batteries is scheduled to commence by May 2024. Wei revealed that the necessary equipment for the manufacturing plant will be delivered to the country by December 2023, with installation expected to be finalized by March 2024. The… Read More Here

MMG Kinsevere Inaugurates $600 Million Cobalt Recovery Plant in the DRC

October 20, 2023October 20, 2023 Constance

With a production capacity of 5,000 tonnes per year, MMG Kinsevere has established a new Cobalt recovery plant as part of the $600 million Expansion Project. The mining company MMG Kinsevere, based in Upper Katanga, now boasts a new Cobalt recovery plant. This facility was inaugurated on Saturday, October 14, 2023, within the MMG site located on the Kinsevere Road in Upper Katanga, in the southeastern part of the Democratic Republic of the Congo (DRC). Several dignitaries attended the event, including Antoinette N’samba, the national Minister of Mines; Claudine Ndusi,… Read More Here

Mining in DRC Battery Metals Cobalt Copper

Delphos Invests $350 Million in Copper and Cobalt Refinery in DRC’s Katanga Province

October 18, 2023October 18, 2023 Constance

In a significant development for the Democratic Republic of Congo (DRC), the Industry Promotion Fund (FPI) has confirmed that a mining company is allocating $350 million for the establishment of a copper and cobalt refinery in the former province of Katanga. This initiative is part of the broader plan to industrialize the DRC, and the FPI is actively involved in facilitating this endeavor. According to the FPI’s press release, both technical and legal commissions have been formed to expedite the signing of a protocol between the FPI and Buenassa, a… Read More Here

Copper Battery Metals Cobalt Mining in DRC Mining in Zambia

Satellites Uncover Mining Emissions in Africa’s Copperbelt

October 18, 2023October 18, 2023 Constance

Emissions from mining operations in Africa’s Copperbelt, particularly for copper and cobalt, can now be quantified from space, according to a groundbreaking study led by the National Center for Atmospheric Research (NCAR). The research reveals the environmental impact of the mining boom on air quality in neighboring towns and villages and offers the potential for remote monitoring of mining activities in a region where surface monitoring is limited. Mining for copper and cobalt in Africa has seen rapid growth, largely driven by the increasing global demand for electric vehicles, smartphones,… Read More Here

Mining in Zambia Battery Metals

Zambia’s Government Commits to Electric Vehicle Procurement

October 16, 2023October 16, 2023 Constance

In a groundbreaking move towards reducing fuel dependency and mitigating greenhouse emissions, the Secretary to the Cabinet, Patrick Kangwa, has issued a directive to all permanent secretaries and procurement unit heads to prioritize the procurement of electric vehicles (EVs). Mr. Kangwa emphasized the Cabinet Office’s role as a driving force behind this initiative, aimed at lessening the country’s reliance on fossil fuels while promoting a cleaner environment. This decision aligns with the government’s broader strategy to cut fuel costs and reduce carbon emissions. During a test drive of an electric… Read More Here

Mining in Zambia Battery Metals Cobalt Copper

Jubilee Metals announces award of a significant New Slag Project with Mopani Copper Mines

October 12, 2023October 20, 2023 Constance

Jubilee Metals Group PLC (AIM: JLP/Altx: JBL), a diversified metals processing business with operations in Africa, is pleased to announce the award of the large Mufulira Slag Project through a Joint Venture (“JV”) collaboration with Mopani Copper Mines (“MCM”) (“The Slag Project”). This binding and exclusive award of The Slag Project aims to process approximately 13 million tonnes of historical slag, estimated to contain 0.7% copper and 0.27% cobalt in addition to the current slag arisings. Under the targeted JV, Jubilee is exclusively appointed to design, implement and operate the new… Read More Here

Mining in DRC Battery Metals Cobalt

ERG Inks Cobalt Supply Agreement with Leading US Battery Materials Producer

October 12, 2023October 12, 2023 Constance

Luxembourg-based Eurasian Resources Group (ERG) announced a five-year cobalt supply agreement with EVelution Energy, an electric vehicle (EV) battery materials producer in the United States, starting in 2026. This deal is part of the growing investment in the US electric vehicle battery supply chain, driven by President Joe Biden’s Inflation Reduction Act, which offers substantial green energy tax credits. ERG will provide EVelution with 3,000 metric tons of cobalt metal annually, supporting EVelution’s plans to establish a low-carbon cobalt sulphate plant in Arizona by 2026, powered by solar energy. This… Read More Here

Mining in Zambia Battery Metals Copper

Zambia to Finalize Mopani Copper Mines Sale Amid Complex Negotiations

October 11, 2023October 11, 2023 Constance

The Zambian government is poised to make a decisive choice this month regarding the sale of Mopani Copper Mines, securing new investors for the assets acquired from Glencore in 2021, according to an insider familiar with the situation. The country’s Mines Minister, Paul Kabuswe, had initially set a target of selecting new investors for the struggling copper mines by the end of July. However, complex negotiations have caused delays in the process. It also involves Glencore, to which Mopani owes money. ZCCM IH, a Zambian government unit, is being advised… Read More Here

Mining in DRC Battery Metals Cobalt Copper Sponsored Content

ERG Africa’s Metalkol Attains ISO 9001:2015 Certification for Copper and Cobalt Hydroxide Production

October 11, 2023October 11, 2023 Constance

The certification further cements Metalkol’s position as a world-class supplier of copper and cobalt to support the green energy transition. ISO 9001 is globally recognised as the most comprehensive quality management system (QMS), and Metalkol’s ISO 9001:2015 certification is based on evaluation against global industry excellence standards set out by the International Organisation for Standardisation (ISO). Metalkol’s newly awarded ISO 9001:2015 certification encompasses various processes of its copper cathode and cobalt hydroxide production, including copper solvent extraction, copper tank-house operations and packaging, as well as its cobalt hydroxide purification, precipitation,… Read More Here

Mining in DRC Battery Metals Copper

Critical Metals Secures Offtake Deal for 20,000 Tons of Copper Oxide Ore in DRC

October 9, 2023October 9, 2023 Constance

Critical Metals has recently finalized an offtake agreement with OM Metal & Resources. This agreement paves the way for the sale of a minimum of 20,000 tons of copper oxide ore originating from its flagship project, the Molulu copper/cobalt venture, situated in the Democratic Republic of Congo (DRC). The agreement is valid from October 4 to December 31 and can be renewed upon mutual agreement by both parties. Throughout the contract duration, Critical Metals aims to supply OM with copper ore featuring an average minimum acid-soluble copper grade of 1.5%.… Read More Here