Energy - Copperbelt Katanga Mining

UK And Saudi Arabia To Collaborate On Critical Minerals Delivery

January 19, 2023January 19, 2023 Constance

United Kingdom Business Secretary, Grant Shapps, has agreed to deepen the UK’s collaboration with the Kingdom of Saudi Arabia on critical minerals, putting the government’s ambitions for building more resilient critical minerals supply chains into clear action. The partnership paves the way for the UK and Saudi Arabia to work together on diversifying sources of critical minerals, both through Saudi investment in the UK’s world leading manufacturing and mining finance sectors as well as new opportunities for UK mining firms to do business in Saudi Arabia. This is also important… Read More Here

Battery Metals Energy International

Global Battery Alliance Launches Battery Passport Proof Of Concept

January 19, 2023January 19, 2023 Constance

The Global Battery Alliance (GBA), the world’s largest multi-stakeholder organisation to establish a sustainable battery value chain by 2030, has launched the proof of concept for its Battery Passport at the World Economic Forum’s Annual Meeting in Davos. The Battery Passport is key to facilitating the rapid scaling of sustainable, circular, and responsible battery value chains to meet the targets of the Paris Agreement through electrification of the transport and power sectors. It has been developed over three years by the GBA’s members, who span the global battery value chain… Read More Here

Mining in Zambia Electricity Energy

MAAMBA COLLIERIES COMPLETES SCHEDULED MAINTENANCE THREE DAYS AHEAD OF SCHEDULE

January 17, 2023January 17, 2023 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

Energy Mining in Zambia

MAAMBA COLLIERIES LTD AND ZESCO LIMITED JOINT CLARIFICATION ON MAINTENANCE OUTAGE

January 16, 2023January 16, 2023 Copperbelt Katanga News

LUSAKA, ZAMBIA – Maamba Collieries Limited and ZESCO Limited jointly clarify that the current shutdown of one of the two 150MW units for Maamba Collieries Limited’s 300MW Thermal Power Station is due to routine planned maintenance and strongly refute suggestions in some quarters, that the maintenance is being used as an ‘arm-twisting’ mechanism by Maamba Collieries to demand funds owed to them by ZESCO Limited. The two companies have recently cemented a new spirit of partnership and collaboration following an agreement on an amicably revised tariff and resolution of a legal… Read More Here

Energy International

Booming Market for Energy Transition Provides Opportunities for Diversification

January 16, 2023January 16, 2023 Constance

The International Energy Agency (IEA) reports that the energy transition presents an industrial opportunity with a projected triple increase in market value by 2030, however, it also notes the potential risks, particularly in terms of geographical concentration. The IEA estimates that by 2030, the global market for major low-carbon energy technologies such as solar panels, wind turbines, batteries, hydrogen electrolyzers, and heat pumps will reach approximately 650 billion dollars annually, a threefold increase from current levels, assuming countries adhere to their commitments. Industrial jobs in the sector are expected to… Read More Here

International Coal Energy

Global Coal Demand Set To Rise Amid Upheaval Of The Energy Crisis

January 12, 2023January 12, 2023 Constance

Coal markets have been shaken severely in 2022, with traditional trade flows disrupted, prices soaring, and demand set to grow by 1.2%, reaching an all-time high and surpassing 8 billion tonnes for the first time. In last year’s annual market report, Coal 2021, we said that global coal demand might well reach a new peak in 2022 or 2023 before plateauing thereafter. Despite the global energy crisis, our overall outlook remains unchanged this year, as various factors are offsetting each other. Russia’s invasion of Ukraine has sharply altered the dynamics… Read More Here

Energy Electricity Mining in Zambia

Zambia Electricity Supply Cooperation To Set Up 800 Megawatts Solar Plants

January 12, 2023January 12, 2023 Constance

Zambia Electricity Supply Cooperation Limited is working on setting up solar plants across the country to produce 800 megawatts of electricity. ZESCO National Spokesperson HENRY KAPATA states that the company’s plan to set up solar plants across the country is in alignment with the directive from President HAKAINDE HICHILEMA to explore alternative sources of energy. He says ZESCO Limited plans to construct a 250 megawatts solar plant on their own, and will also partner with another company to construct another 250 megawatts.” According to Mr. KAPATA, ZESCO Limited has identified… Read More Here

Energy Mining in Zambia

British Companies to Invest $2 Billion in Zambia’s Energy Industry

January 12, 2023January 12, 2023 Constance

Seven companies from the United Kingdom have committed to investing $2 billion to establish renewable energy projects in Zambia, which are expected to generate 2,000 megawatts of electricity. British High Commissioner to Zambia, NICHOLAS WOOLLEY, reported that the companies from the United Kingdom are currently carrying out feasibility studies and seeking regulatory approvals before proceeding with their projects. Mr. WOOLLEY revealed that the companies are planning to establish solar and wind energy projects in various regions of the country, which will produce power to be sold to the country’s Electricity… Read More Here

International Battery Metals Energy

Ivanhoe Electric ties up with Saudi Arabia’s Ma’aden

January 11, 2023January 11, 2023 Constance

Ivanhoe Electric (NYSE America, TSX: IE), the latest endeavour of mining magnate Robert Friedland, is joining forces with Saudi Arabian miner Ma’aden to explore for metals considered key for the world’s energy transition. The companies are creating a 50/50 joint venture for such purpose that will run for five years, and may be extended up to ten years. As part of the exploration deal, Ma’aden will invest $126.4 million in Ivanhoe Electric equity, which grants the Gulf’s largest miner a 9.9% in Ivanhoe Electric, which owns properties in Arizona, Utah and Montana, along with… Read More Here

Electricity Energy Mining in Zambia

Zambia Extends Electricity Rationing To Include Mining Firms

January 11, 2023January 11, 2023 Constance

On Tuesday, 10.01.2023 the chairman of state-owned power utility Zambia Electricity Supply Cooperation (Zesco) announced that Zambia has begun rationing electricity to mining companies due to decreased power generation as a result of a significant decline in water levels in Lake Kariba. The Zambezi River Authority, responsible for managing the dam, reported that on Monday, 09.01.2023 the water levels in Lake Kariba were at a low of 1.66% of usable storage for the Kariba North Bank Power Station in Zambia and the Kariba South Bank Power Station on the Zimbabwean… Read More Here