CKM NEWSLETTER 29-11-2021

ZIJIN approved a $ 769 million smelter investment for its  Kamoa-Kakula  copper  project

Zijin Mining announced Tuesday that its board of directors has approved a $ 769 million smelter investment for its  Kamoa-Kakula  copper  project  alongside Ivanhoe Mines in the Democratic Republic of Congo (DRC). The company will reduce the partners’ reliance on third-party smelters to process their ore and make blister, a partially purified form of copper. The 500,000-ton-per-year direct… Read full article

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Hichilema held very fruitful bilateral talks with Tshisekedi

Zambian President His Excellency Hakainde Hichilema held very fruitful bilateral talks with His Excellency Félix Antoine Tshisekedi Tshilombo in Kinshasa. Their talks centred around trade and investment and long-standing border issues between our two countries, which they agreed should be resolved harmoniously. They also agreed that trade and investment can be enhanced if they… Read full article

DRC would push to develop domestic battery manufacturing capacity

Democratic Republic of Congo’s government said on Wednesday it would push to develop domestic battery manufacturing capacity to add value to its exports of minerals such as cobalt and copper. Congo mines around two-thirds of the world’s cobalt, an ingredient in lithium-ion batteries, and is Africa’s leading producer of copper. Demand for the minerals is rising to power electric vehicles and… Read full article

AVZ Minerals has pledged its support to develop a new Democratic Republic of Congo (DRC) Battery Council

Junior AVZ Minerals has pledged its support to develop a new Democratic Republic of Congo (DRC) Battery Council to develop a sustainable battery value chain in the region. The ASX-listed company’s pledge followed a business forum in Kinshasa promoting the development of battery, electric vehicle and renewable energy subsectors in the DRC and other African nations. “The signing of this pledge… Read full article

• We Remain Mobilized to Support the Battery Industry in Africa, Starting in the DRC – AfDB Boss
• Cobalt at 61,000 USD Per Tonne on the International Market
• DRC: Félix Tshisekedi Makes 8 Recommendations to Mines Minister, to Increase Contribution of the Sector to the State Budget
• Copper Price Sinks as Omicron the New Covid Variant Spooks Markets

A “win – win” in order to allow everyone: investors and Congolese partners to be satisfied with this

Opening the 2021 edition of DRC-Africa Business Forum this Wednesday at the Palais du Peuple, Félix Tshisekedi returned to the various reforms launched or to be launched in several sectors. He praised the regulatory efforts in certain areas such as water and energy.  “The Minister of Finance spoke to us earlier about the reforms that are being undertaken in the energy sector, in particular water…  Read full article

Kinsevere’s environmental monitoring samples will no longer have to leave the Congo for analysis

Kinsevere’s environmental monitoring samples will no longer have to leave the Congo for analysis. In fact a testing solution is within very close reach now that the University of Lubumbashi (UNILU) environmental analysis laboratory is the first in the Congo to receive certification, overseen by the Southern African Development Community Accreditation Service. Patrick Nkulu, Kinsevere Deputy… Read full article

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• We Remain Mobilized to Support the Battery Industry in Africa, Starting in the DRC – AfDB Boss
• DRC: Félix Tshisekedi Makes 8 Recommendations to Mines Minister, to Increase Contribution of the Sector to the State Budget