Battery Metals - Copperbelt Katanga Mining

Report: Africa can Boost Critical Minerals Supply Chains Through Strategic Investments and Technology

July 20, 2024July 20, 2024 Constance

African countries have the potential to enhance their position in the global critical minerals supply chain by leveraging technology for exploration, fostering attractive investment environments, and diversifying their international partnerships. This is the key finding of a report published on July 1, 2024, by the American think tank Atlantic Council. Titled “From Greenfield Projects to Green Supply Chains: Critical Minerals in Africa as an Investment Challenge,” the report highlights Africa’s central role in the global energy transition due to its vast mineral resources crucial for a low-carbon economy. The continent… Read More Here

Mining in Zambia Battery Metals

PMRC Urges Chinese Investment in Zambia’s Electric Vehicle Manufacturing

July 16, 2024July 16, 2024 Constance

The Policy Monitoring and Research Centre (PMRC) has urged Chinese investors to establish electric vehicle (EV) manufacturing plants in Zambia, highlighting the country’s abundant critical minerals essential for the industry. Speaking at the Association of Chinese Corporations in Zambia (ACCZ) Economic and Trade Symposium held last week, PMRC’s acting head of monitoring and evaluation, Esther Nyemba, noted that China accounts for 58 percent of global EV production, making Zambia an attractive location for investment. “Cabinet approval of open access and net metering regulations enables industries and households to supply electricity… Read More Here

Mining in Zambia Battery Metals Exploration Lithium New Mining Projects

Maamba Collieries Granted Lithium & Tantalum Exploration Licenses in Southern Zambia

July 8, 2024July 8, 2024 Constance

08th July 2024, Lusaka, Zambia: ZCCM Investments Holdings Plc (ZCCM-IH) has announced that its investee company, Maamba Collieries Limited (MCL), in which it has a shareholding of 35%, has been issued two Large Scale Exploration Licenses for Lithium and other minerals (amethyst, aquamarine, tantalum and tin) in the Southern Province of Zambia. MCL intends to commence exploration as soon as possible to ascertain the presence of these minerals in these licence areas. The licenses are valid for a period of four years during which period MCL plans to carry out… Read More Here

Mining in DRC Battery Metals Cobalt

Cobalt Market in DRC Faces Temporary Slowdown but Long-Term Prospects Remain Strong

June 30, 2024June 30, 2024 Constance

Cobalt, a crucial mineral for the energy transition, experienced a temporary slowdown in 2023, according to a new report from the Cobalt Institute. However, the long-term outlook remains promising due to rising demand for electric vehicles and lithium-ion batteries. The report highlights that battery-related applications accounted for 73% of cobalt demand, with electric vehicles alone driving 96% of the growth in 2023. Despite market disruptions and fluctuations, the industry has shown remarkable adaptability and endurance, says Dinah McLeod, Managing Director of the Cobalt Institute. In 2023, global cobalt supply increased… Read More Here

Mining in DRC Battery Metals Cobalt

Chemaf SA Sells Congolese Assets to Norinco Amid Debt Settlement with Trafigura

June 29, 2024June 29, 2024 Constance

Chemaf SA, a cobalt miner, has agreed to sell its assets in the Democratic Republic of Congo to Chinese miner Norin Mining to settle debts largely funded by its long-time partner, commodities trader Trafigura, the company announced on Thursday. The financial details of the transaction were not disclosed. The new owner, a unit of the Chinese state-backed China North Industries Corp (Norinco), possesses the resources and technical expertise needed to complete the expansion of two cobalt and copper projects in Congo, Chemaf stated. Chinese miners, most of which are state-backed,… Read More Here

Mining in Zambia Battery Metals Economy

ZAMZINC Achieves $10 Million Investment Milestone in Lusaka Manganese Plant

June 27, 2024June 27, 2024 Constance

ZAMZINC Industry Company Limited, registered with the Zambia Development Agency (ZDA) in 2021, has already realized over $10 million of its committed $50 million investment in a manganese processing plant in Lusaka. The plant, located in the Lusaka Multi-Facility Economic Zone (LS-MFEZ), currently produces 200 tonnes of manganese daily, with plans to increase production to 300 tonnes per day. During a visit by a ZDA team, ZAMZINC General Manager Mavis Chintu reported that production is progressing smoothly. The plant operates 24 hours a day in three shifts and employs 250… Read More Here

International Battery Metals Oil & Gas

US Supports Angola’s Transition to Clean Energy and Critical Minerals

June 23, 2024June 23, 2024 Constance

The United States is backing Angola’s shift away from its oil-dominated economy towards becoming a major processor and exporter of critical minerals and clean energy, a senior official confirmed. Geoffrey Pyatt, US Assistant Secretary of State for Energy Resources, highlighted the alignment between Angola and the US on energy access, security, decarbonization, and critical minerals during an online media briefing on Tuesday. Angola, a significant crude oil producer in Africa, has emerged as a strategic focus for the US in its efforts to secure critical minerals like copper, amid competition… Read More Here

Mining in Zambia Battery Metals Economy Mining in DRC

Zambia to Leverage Economic Diplomacy for BEV Initiative Success

June 19, 2024June 19, 2024 Constance

Zambia will utilize its strengthened economic diplomatic capabilities to ensure the effective implementation of the joint Battery and Electric Vehicle (BEV) value chain initiative, according to Minister of Foreign Affairs and International Cooperation Mulambo Haimbe. Speaking on Voice of America’s Nightline Africa, Mr. Haimbe highlighted the impact of Zambia’s economic diplomacy under the New Dawn government on regional stability, peace, and security in the Southern African Development Community (SADC) region. Zambia has partnered with the Democratic Republic of Congo (DRC) to establish a value chain in the electric battery and… Read More Here

Mining in DRC Battery Metals

African Coalition Urges Fair Energy Transition to Boost Economic Growth

June 16, 2024June 16, 2024 Constance

In a newly published report titled “The Obstacles and Opportunities Linked to the Energy Transition,” Afrewatch and Global Witness, united under the African Coalition on Green Minerals (CAMV), have called for a fair and equitable energy transition to stimulate economic growth in Africa. This call was made during a press conference in Lubumbashi, the capital of Haut-Katanga province, following a workshop held from June 10 to 11, 2024. The workshop aimed to identify the obstacles and opportunities facing African countries that produce critical minerals. Members of the CAMV emphasized that… Read More Here

Mining in DRC Battery Metals Lithium New Mining Projects

AJN Resources Inc Initiates Lithium Exploration in DRC’s Manono Nord-est Project

June 9, 2024June 9, 2024 Constance

On Friday, May 31, 2024, Canadian junior exploration company, AJN Resources Inc, announced the commencement of lithium exploration on its Manono Nord-est project in the Democratic Republic of Congo (DRC). The project is located in the Tanganyika province under permit PR15282. A South African drilling company has been engaged to closely monitor the percussion drilling program and analyze drilling data. The program has already identified three zones of alluvial sediments adjacent to granite contact zones. These targeted areas span approximately 7 kilometers within the permit area, as illustrated in Figure… Read More Here