Battery Metals - Copperbelt Katanga Mining

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

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

International Battery Metals

Kenya Proposes Comprehensive Mining Act Reform to Boost Industry Growth

October 6, 2023October 6, 2023 Constance

Kenya’s parliament has put forward a series of reforms aimed at revitalizing the country’s mining sector, building stronger government control, and overseeing critical minerals. These proposals, introduced in October, seek to modernize the existing Mining Act of 2016. One of the key reforms involves the establishment of a Mining Regulatory Authority. This authority will play a pivotal role in supervising every aspect of the critical minerals value chain, spanning exploration, extraction, production, processing, refining, transportation, storage, importation, and sale. Traditionally, the government has provided advisory support to the mineral industry.… Read More Here

Mining in Zambia Battery Metals Copper

Sibanye Stillwater Sees Opportunity in Mopani Copper Mines Investment

October 5, 2023October 5, 2023 Constance

Sibanye Stillwater, a contender among investors vying to acquire Mopani Copper Mines, has emphasized that the required funds for expanding production and ensuring profitable operation of the Zambian assets are not exorbitant. The South African precious metals producer, headquartered in Johannesburg, has secured a place on the shortlist of potential buyers for the copper mines owned by a Zambian government subsidiary. The future owner of Mopani is expected to make substantial investments aimed at increasing copper production to approximately 200,000 tons per year by 2027. According to Neal Froneman, CEO… Read More Here

Mining in DRC Battery Metals Mining in Zambia

DRC Aims to Transform Battery Supply Chain

October 1, 2023October 1, 2023 Constance

The Democratic Republic of Congo (DRC) is looking to shift its focus from exporting raw materials to processing them locally to enhance economic benefits. And Zambia’s Minister of Mines, Paul Chanda Kabuswe, emphasized the importance of moving up the value chain to benefit local communities during the recent DRC-Africa Battery Metals Forum. Congo currently holds a significant share of global cobalt production, mainly exporting the metal for battery manufacturing. Both Congo and Zambia have plans to establish a special economic zone for processing raw materials into preliminary products for the… Read More Here

Mining in DRC Battery Metals Cobalt

DRC’s Prime Minister Launches Workshop for Responsible Supply Standards in the Cobalt Sector

September 29, 2023September 29, 2023 Constance

Prime Minister Jean-Michel Sama Lukonde inaugurated the validation workshop for the General Company of Cobalt’s (EGC) responsible supply standards on September 28, 2023, at the Espace Roméo golf venue in Kinshasa Gombe. The workshop aims to refine the EGC responsible sourcing standards (‘EGC Standards’) developed and approved by the EGC Technical Committee, aligning with the Democratic Republic of Congo’s (DRC) laws and standards set by ARECOMS, the Small Scale Mining Assistance and Supervision Service (SAEMAPE), and the Center of Expertise, Evaluation, and Certification of Precious and Semi-Precious Mineral Substances (CEEC).… Read More Here