Energy - Copperbelt Katanga Mining

Fortescue Metals and Westminster Group to invest in Inga & airport infrastructure - DRC 1

These two global companies want to invest in green energy, in Inga, in particular for the Australian Fortescue Metals Group. As for Westminster Group PLC, this British company is in negotiations with RVA for a partnership in security, technology and airport infrastructure services. These two major companies respond to the call launched by the President of the Republic to foreign investors to invest in the DRC, a country committed to its economic recovery. The President of the Republic, Félix Tshisekedi, during his recent stay in eastern DRC, last week met Australian billionaire… Read More Here

Mining in DRC Energy International New Mining Projects

Congo picks Australia’s Fortescue to develop giant hydro project

June 16, 2021June 16, 2021 admin

Democratic Republic of Congo’s (DRC’s) government said on Tuesday Fortescue Metals Group would develop the Grand Inga hydroelectric power project, including a 4,800-megawatt dam that has already been committed to Chinese and Spanish developers. Australia’s Fortescue confirmed earlier on Tuesday that it was in talks with Congo to develop a series of dams that could become the world’s largest hydroelectric project, but it said no formal binding agreement had been concluded. Fortescue’s involvement is the latest twist in Congo’s decades-long quest to expand Inga, whose two existing dams – completed… Read More Here

Mining in DRC Energy

DRC: For Albert Yuma, the energy deficit and lack of a quality railway justify the inability to process Congolese minerals at the local level

June 14, 2021June 14, 2021 admin

The national president of the Federation of Enterprises of Congo (FEC), Albert Yuma suggested that the energy deficit and the lack of a quality railroad that the DRC faces is at the base of the low rate of transformation of minerals from the Congo. country at the local level. It was during an exchange, this Friday, June 11, 2021, with a representation of students from the faculties of economics of the University of Kinshasa (UNIKIN) and of the Protestant University in Congo (UPC). Responding to a question from a UNIKIN student… Read More Here

Copper Energy

Copper boom: how clean energy is driving a commodities supercycle

June 11, 2021June 14, 2021 admin

Demand is set to explode with the rise in renewables technology, but years of under-investment threaten to leave supply short. Kamoa-Kakula in the Democratic Republic of Congo is a rare commodity in the modern resources industry: a high-grade copper mine that one day could produce enough metal to satisfy more than 5 per cent of China’s annual demand. Surrounded by small villages, the mine employs around 7,000 workers and has its own road for trucks to carry rock to a nearby smelter. The company is also upgrading a 40-year-old hydropower… Read More Here

Mining Supply Tenders Energy International

GenusPlus Group subsidiary wins A$60 million contract with Rio Tinto

June 2, 2021June 2, 2021 admin

Australia-based essential power and telecommunications infrastructure provider, GenusPlus Group Ltd, says it has secured a significant new power installation contract with Rio Tinto in Dampier, Western Australia. The circa-A$60 million ($46 million) contract will be carried out by Powerlines Plus, a wholly-owned subsidiary of GenusPlus, with peak “manning” of 95 direct personnel plus associated local subcontractors and suppliers. It will see the company design and construct a 220 kV transmission line and substation as well as the associated 33 kV distribution infrastructure. The contract is scheduled to commence immediately and… Read More Here

Energy

SRK brings Africa’s voice to EU responsible sourcing process

May 27, 2021May 27, 2021 admin

As the European Union (EU) works to ensure responsible and sustainable sourcing of minerals for its low-carbon future, SRK Consulting is contributing its expertise to an EU-funded stakeholder platform project on the governance of raw material sourcing in the EU. The RE-SOURCING project – funded by the European Union’s Horizon 2020 research and innovation programme – aims to build a global stakeholder platform for responsible sourcing. A vital aspect of defining standards for the EU will be the input of stakeholders in the regions from which the minerals are currently… Read More Here

Energy Mining technology

Logistics aligned with the 1.5 °C journey

May 9, 2021May 9, 2021 admin

Metso Outotec is targeting a net positive impact on the planet with a commitment to the 1.5 °C journey. Logistics actions can have a big impact on company’s CO2 emissions; therefore, we have set a target to reduce the CO2 emissions of our logistics by 20% by 2025. A smaller footprint and optimized warehouse location will decrease end-to-end CO2 emissions Reducing the warehouse footprint is a fundamental matter and thus is a major on-going project in Metso Outotec logistics. The strongest focus in logistics is often in transportation and in ways… Read More Here

Mining in DRC Electricity Energy Hydro power plant

Inga III project: “A 4th buyer who will consume 4,000 MW has been added and will invest $ 6 billion” (ADPI)

May 9, 2021May 9, 2021 arnbethnic

The Inga III project is getting closer and closer to its realization. During an interview with 7SUR7.CD this Tuesday, May 4, 2021, the head of state’s official in charge of the Agency for the Development and Promotion of the Grand Inga Project (ADPI-RDC), Bruno Kapandji Kalala, said that a fourth buyer of electricity has been added to the three already existing. It is, he said, a Chinese company that works in the field of aluminum. According to Bruno Kapandji, this company will invest 6 billion USD in the DRC and proposes to… Read More Here

Battery Metals Cobalt Copper Energy International Lithium Mining in DRC Nickel

Metals price rally could hamper switch to green energy — IEA

May 6, 2021May 6, 2021 admin

Soaring metals prices may be good for miners, but they put at risk the ongoing transition to clean energy as batteries, solar panels and wind turbines need considerable amounts of copper, nickel, cobalt, lithium and other minerals to be manufactured, a new report warns. According to The International Energy Agency (IEA), reaching the goals of the Paris climate agreement would result in a quadrupling mineral demand by 2040. Yet a lack of investment in new mines could substantially raise the costs of clean energy technologies, the IEA said on Wednesday. “The… Read More Here

Hydro power plant Energy Mining in Zambia

Covid-19 deals a blow to Zambia-Zimbabwe border hydro project

May 6, 2021May 6, 2021 admin

Because of the coronavirus pandemic, the developers of a $4 billion hydropower plant on the Zambia-Zimbabwe border have postponed the project until next year. Pre-construction work on the Batoka Gorge project has been halted for several months, and funding is still being secured, according to Zambezi River Authority spokesman Fitzgerald Muchindu. Construction on the 2,400-megawatt facility was set to begin in 2020. “The authority and the developer are doing everything possible to expedite the outstanding pre-construction activities to commence construction works at the earliest possible time,” Muchindu said in emailed… Read More Here