Transport and Logistics - Copperbelt Katanga Mining

Lobito Corridor Secures Support from U.S.-EU Partnership

September 13, 2023September 13, 2023 Constance

The U.S. and the European Union (EU) have formed a partnership to provide technical and financial support for the development of the Lobito Corridor in southern Africa amid efforts by the country and bloc to stimulate investment in strategic infrastructure corridors worldwide. Through the partnership, the U.S. and EU will work collaboratively with Lobito Corridor host countries Angola, Zambia and the Democratic Republic of the Congo (DRC) to upgrade critical infrastructure and unlock economic benefits for the countries. The Lobito Corridor is a transregional infrastructure project connecting southern DRC and… Read More Here

International Transport and Logistics

South African mines get a faster route to Mozambique port

September 11, 2023September 11, 2023 Constance

South Africa’s mining companies, losing out on billions of dollars in sales due to logistics bottlenecks, could soon have a quicker route to ports in neighboring Mozambique. The Logistics Co (TLC), indirectly owned by Old Mutual’s African Infrastructure Investment Managers, plans to open a trucks-only crossing at Komatipoort, just north of South Africa’s main Lebombo entry point into Mozambique. The project involves upgrading an existing service road along a railway line, and building a truck staging facility that will have customs and immigration offices on the outskirts of the town… Read More Here

Transport and Logistics Angola Mining in DRC Mining in Zambia

US and EU Rally Behind Lobito Corridor Project for Trade Enhancement

September 10, 2023September 10, 2023 Constance

The United States and the European Union have expressed their support for the development of the Lobito Corridor, a collaborative effort between Zambia, Angola, and the Democratic Republic of Congo aimed at promoting trade. In a joint statement released by the USA and the EU, they commended the recent commitment made by Angola, Zambia, and the Democratic Republic of Congo regarding the project. This announcement was made during the G20 Summit’s Partnership for Global Infrastructure and Investment event in India. As detailed on the White House website, the European Union… Read More Here

Transport and Logistics Angola Mining in DRC Mining in Zambia

Lobito Corridor attracts new companies

September 8, 2023September 8, 2023 Constance

Lobito Atlantic Railway (LAR), the consortium that, in July, won the tender for the concession of railway and logistics services for the Lobito Corridor, stated that it was satisfied with the expressions of interest from the main mining companies located along the route which, Leaving from the Angolan coast, it serves the Democratic Republic of Congo (DRC) and Zambia. “We are very pleased with the various expressions of interest from the main companies in Minas Gerais, which recognize the benefits of this new logistics route made available to them”, reads… Read More Here

Mining in DRC Battery Metals Cobalt Copper Mining in Zambia Transport and Logistics

Trafigura-Led Lobito Rail Upgrade Awaits Its First Users

September 5, 2023September 5, 2023 Constance

African metal producers are reluctant to make long-term commitments to use a railway a Trafigura-led consortium plans to upgrade, four sources with knowledge of the matter said. Known as Lobito Atlantic Railway, the consortium pitched the overhaul of the line, historically known as the Benguela Railway, that links resource-rich Democratic Republic of Congo (DRC) to the port of Lobito in Angola to bypass road congestion and avoid long delays on the copper and cobalt route. So far only Ivanhoe Mines is known to have signed a non-binding agreement to use the Lobito railway… Read More Here

Transport and Logistics Mining in DRC

The railway project linking Tanzania, Burundi and the DRC making progress

August 30, 2023August 30, 2023 Constance

The President of Burundi, Evariste Ndayishimye, visited Kinshasa from August 27 to 28, announced the progress of the cooperation agreements signed in July 2021 between the Democratic Republic of Congo (DRC) and Burundi. Among these agreements is the Memorandum of Understanding concerning the joint project for the development of a standard gauge railway (SGR) linking Uvinza, Musongati, Gitega, Uvira and Kindu, with a Gitega-Bujumbura-Uvira-Kindu section. During his statement, President Ndayishimye stressed the importance of this project for the Congolese, Burundian and Tanzanian populations, by promoting regional trade. He noted that the… Read More Here

Mining in DRC Copper Transport and Logistics

Ivanhoe Mines Selects Lobito Corridor as Preferred Logistics Route

August 22, 2023August 22, 2023 Constance

Canadian mining firm Ivanhoe Mines’ subsidiary in the Democratic Republic of Congo (DRC), Kamoa Copper, has established a collaborative alliance with logistics enterprise Lobito Atlantic International Sarl. This strategic partnership aims to facilitate the transportation of copper concentrate extracted from the Kamoa-Kakula mine, situated in the DRC, through the Lobito Corridor. The focal point of this collaboration is the utilization of a 1,732 km railway line extending from Lobito in Angola to Kolwezi in the DRC. This railway route presents a cost-effective and practical means to convey essential minerals from… Read More Here

Copper Mining in DRC Mining in Zambia Transport and Logistics

Lobito Corridor to transport 10,000 tons of copper from DRC

August 18, 2023August 18, 2023 Constance

In the last quarter of 2023, ten thousand tons of copper concentrate, extracted by the Canadian company “Ivanhoe Mines,” will be transported through the Lobito Corridor (Benguela), reducing travel time on the railway link between countries in Southern Africa. For this purpose, Ivanhoe Mines, which operates the copper mines of Kamoa-Kakula in the Democratic Republic of Congo (DRC), has signed a memorandum of understanding with the Lobito Atlantic Railway (LAR) consortium, which manages the railway line of the Lobito Corridor, to transport this ore. The signing of this memorandum, announced… Read More Here

Mining in Zambia Cobalt Copper Mining in DRC Transport and Logistics

Southern African Governments Urged to Prioritize Infrastructure for Lucrative Minerals

August 3, 2023August 3, 2023 Constance

The vast mineral reserves in Africa, constituting 30% of the world’s total, are a treasure trove of resources essential for powering the green revolution. Cobalt, copper, manganese, and lithium, among others, hold tremendous potential for driving economic growth and sustainable development in the region. However, to fully capitalize on these lucrative minerals and avoid the resource curse, governments in southern Africa must prioritize significant infrastructure investments, especially in transportation and processing facilities, integral components of the mining value chain. Enhancing South African Exports through Infrastructure Investments Despite its mineral wealth,… Read More Here

Mining in Zambia Petroleum Transport and Logistics

Zambia’s Energy Regulations Board (ERB) Implements Revised Fuel Prices

August 2, 2023August 2, 2023 Constance

In response to the recent fluctuations in international oil prices and exchange rates, the Energy Regulations Board (ERB) of Zambia has made significant adjustments to the pump prices of various petroleum products. Effective from the beginning of August, consumers will experience changes in the cost of petrol, diesel, kerosene, and Jet A-1. Petrol prices per liter will now be set at 25 Kwacha 57 ngwee, up from the previous 24 Kwacha 93 ngwee, while diesel will be priced at 23 Kwacha 36 ngwee per liter, an increase from the earlier… Read More Here