Ivanhoe Mines Addresses Media Reports on Trucking Strike in the DRC 1 Mining in DRC Copper Transport and Logistics 

Ivanhoe Mines Addresses Media Reports on Trucking Strike in the DRC

KOLWEZI, DEMOCRATIC REPUBLIC OF CONGO – Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) responded to media reports regarding the status of trucking shipments in the Democratic Republic of Congo (DRC) concerning a third-party labor dispute. Operations at the Kamoa-Kakula Copper Complex continued as usual, and as of November 9, significant shipments occurred from the mine gate, with additional shipments taking place in the following days. Ivanhoe Mines’ management proactively collaborated with the DRC government and local authorities to address any potential interim effects on outbound shipping. However, the company did not… Read More Here
Resumption of Copper Transport in the DRC Sparks Concerns Over Border Bottlenecks 2 Transport and Logistics Copper Mining in DRC Mining in Zambia 

Resumption of Copper Transport in the DRC Sparks Concerns Over Border Bottlenecks

Trucks loaded with thousands of tons of copper in the Democratic Republic of Congo (DRC) have recommenced their journey toward the Zambian border, accompanied by security escorts, after a recent wildcat strike, according to sources briefed on the matter. Approximately 2,700 trucks, carrying around 89,000 tons of copper, had been stranded in Kolwezi due to drivers demanding a risk allowance of $700 per journey, as reported by Reuters on November 7. The sudden release of the trucks is expected to worsen the situation at the border, where existing bottlenecks were… Read More Here
Railway Expansion Enhances Trade and Cooperation Between Angola and Zambia 3 Transport and Logistics Angola Mining in DRC Mining in Zambia 

Railway Expansion Enhances Trade and Cooperation Between Angola and Zambia

The expansion of the railway line from Munhango to Luau, including sections of Marco 25 to the commune of Lumbala Caquengue in Moxico, holds the promise of bolstering trade and investment between Angola and Zambia. These sentiments were expressed by the Governor of the Angolan province of Moxico, Ernesto Muangala, during the 1st Forum for Regional Cooperation and Cultural Exchange between the provinces of Moxico and Northwest Zambia, which commenced in Luena. During the forum, Robert Lihefu, the Minister of the Zambian province, emphasized the need for support infrastructures along… Read More Here
US breaths new life into the Lobito Corridor to challenge china's Dominance for Critical minerals 4 Mining in Zambia Battery Metals Mining in DRC Transport and Logistics 

US breaths new life into the Lobito Corridor to challenge china’s Dominance for Critical minerals

The United States is making a determined effort to catch up with China in a region that has become pivotal to the green transition: Africa’s “Copperbelt.” Zambia and the Democratic Republic of Congo, rich in minerals vital for battery and renewable energy production, have become the latest battleground for influence between Washington and Beijing. The Biden administration, in its pursuit of challenging China’s supremacy, has seized an opportunity to breathe new life into a century-old railway connecting crucial African mines to an Atlantic Ocean port, known as the Lobito corridor.… Read More Here
EU Signs Crucial Partnerships with DRC and Zambia for Sustainable Raw Materials Value Chains 5 Mining in DRC Angola Battery Metals Mining in Zambia Partnership Transport and Logistics 

EU Signs Crucial Partnerships with DRC and Zambia for Sustainable Raw Materials Value Chains

At the recent “Global Gateway” forum in Brussels, Jutta Urpilainen, the European Union’s Commissioner for international partnerships, signed significant memoranda of understanding with key African counterparts. On October 26, 2023, she joined hands with the Democratic Republic of Congo’s Minister of Transport, Marc Ekila Likombo, for a partnership on critical and strategic raw materials value chains. Furthermore, a strategic partnership on sustainable raw materials value chains was established with Zambia’s Minister of Finance, Situmbeko Musokotwane. This momentous event follows the G20 Summit in New Delhi, India, in September 2023, where… Read More Here
Lobito Corridor attracts interest from Investimento Global 6 Transport and Logistics Angola Mining in DRC Mining in Zambia 

Lobito Corridor attracts interest from Investimento Global

The Partnership for Global Infrastructure and Investment (PGII) wants to bring potential private sector investors to Angola to strengthen the agribusiness value chain in the Lobito Corridor. The interest was expressed, on Tuesday, in Luanda, by the special coordinator, Helaina Matza, during the audience granted to her by the Minister of Economy and Planning, Mário Caetano João. The meeting also served to explore all the potential investment opportunities that exist in the non-oil sector. Minister Mário Ceatano João presented the enormous potential that the country has for grain production, fertilizer… Read More Here
Angola and Tanzania Challenge DRC's Exclusive Copper Export Route 7 Mining in DRC Copper Mining in Zambia Transport and Logistics 

Angola and Tanzania Challenge DRC’s Exclusive Copper Export Route

The exclusively Congolese route (river-rail) for copper exports, which had previously made SNCC and the former ONATRA the main partners of Gécamines, seems to be coming to an end. The lucrative market is likely to be taken over by either Angola or Tanzania. Both of these countries have undeniable and essential involvement in the security matters of eastern Congo. The plan was to modernize the Ubundu-Kisangani railway over 125 km so that SNCC could transport copper and related minerals. First, the minerals would travel via the railway from the southern… Read More Here
Uganda and DRC agree to allow visa-free travel between the two countries 8 Mining in DRC Transport and Logistics 

Uganda and DRC agree to allow visa-free travel between the two countries

Uganda and the Democratic Republic of the Congo have agreed to reciprocally eliminate visa requirements, allowing visa-free travel between the two countries. The agreement aims to facilitate the mobility of citizens of both countries, across both borders and increase trade between the two countries. The deal was reached following recent meetings between officials from the two nations in Kinshasa, the capital of the Democratic Republic of the Congo. For some time now, the East African bloc, consisting of 7 Partner States, including Burundi, DRC, Kenya, Rwanda, South Sudan, Uganda, and… Read More Here
Zambia's Transport Minister Encourages Railway Expansion for Economic Growth 9 Mining in Zambia Economy Transport and Logistics 

Zambia’s Transport Minister Encourages Railway Expansion for Economic Growth

Transport and Logistics Minister, Frank Tayali, has urged Emmanuel Hachipuka, the Chairperson of Zambia Railways Limited’s Board, to spearhead the expansion of the rail network to cover all provinces. Minister Tayali believes that an extended rail network offers a more cost-effective transportation solution that can significantly contribute to the country’s economic development. Minister Tayali made these remarks during a courtesy visit by Mr. Hachipuka and his team in Lusaka last week. He stressed the importance of reorganizing the current acting team at Zambia Railways and promptly filling vacancies to ensure… Read More Here
European Investment Bank Shows Interest in Financing Zambia-Lobito Railway Line 10 Mining in Zambia Transport and Logistics 

European Investment Bank Shows Interest in Financing Zambia-Lobito Railway Line

The European Investment Bank (EIB) has shown keen interest in providing financial support for the Zambia-Lobito railway line project. EIB’s Vice President, Thomas Ostros, recently expressed the bank’s commitment to the initiative, pending the completion of feasibility studies by the Africa Development Bank (AfDB). During a closed-door meeting with Zambia’s President, Hakainde Hichilema, Mr. Ostros shared his optimism about the Zambia-Lobito railway project, emphasizing its viability and the potential for EIB involvement. The project, which aims to establish a railway connection between Zambia and Lobito, Angola, holds strategic importance for… Read More Here

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