International News

STEINERT, Ferbasa leading sensor-based sorting in Latin America

STEINERT has developed a unique sensor combination concept called “multi-sensor sorting” or STEINERT KSS. The STEINERT KSS sorting system applies this concept, combining the x-ray transmission sensor with three other additional sensor options (Induction, 3D laser, and Colour). Ferbasa operates one of the largest chromite mines in Brazil and is …

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GlobalData raise alarm on EV revolution supply chain

Potential raw material shortages loom large, threatening to disrupt the demand-supply balance of the electric vehicle (EV) revolution. The success of this green transition necessitates addressing these supply chain concerns to ensure a seamless and sustainable future for EVs and the broader low-carbon agenda, says GlobalData, a leading data and …

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$15 BILLION DOLLARS ZNS SMELTER ON CARDS

Zambia National Service (ZNS) will in two months’ time commence the setting up of a USD 15 billion dollar copper smelting plant in the Kabompo district of North Western Province, Zambia National Service Commander Lieutenant General Maliti Solochi has disclosed. Lt Gen Solochi said the Government has already secured the …

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Caterpillar, Albemarle collaborate on battery value chain solutions

Albemarle Corporation, a global leader in providing essential elements for mobility, energy, connectivity and health, recently signed agreements with Caterpillar Inc. to collaborate on solutions to support the full circular battery value chain and sustainable mining operations. The collaboration aims to support Albemarle’s efforts to establish Kings Mountain, N.C. as …

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Barrick to double copper output

Global mining company Barrick plans to double its copper output by the end of the decade and continue to increase its production of the metal to an estimated one-billion pounds, or 450 000 t/y, by 2031, says president and CEO Mark Bristow. The substantial growth in copper production combined with …

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‘Zambia-DRC Railway collaborative approach to be replicated in other strategic corridors around the world’

Studies are to be undertaken for the construction of a railway linking the Copper Belt region of Zambia with the Katanga region of DR Congo and the existing railway to the port of Lobito in Angola. This would form part of a planned Trans-African Corridor. The studies agreed upon by …

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Gigawatt Global happy with the business environment in Zambia

An Israeli-based investor, Gigawatt Global, is set to pump in 100 million United State dollars in a hybrid solar photovoltaic (PV) and wind power project in Zambia. Gigawatt Global President and Chief Executive Officer, Josef Abramowitz, disclosed in an interview on the sidelines of the Israeli/Zambia Business Forum 2023 held …

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New Technologies Available to Solve Africa’s Energy Crisis

Africa Energy Indaba has been hosting riveting discussions covering the deployment of renewable energy innovations to bridge continental energy gaps. Rapid advancements related to technology have certainly rendered life easier than ever before. However, such progression is driven by energy and many regions in the world are quickly running low …

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Gold prices continue to see strong volatility

By BAS KOOIJMAN* Gold prices have been seeing some volatility during the last few trading sessions as some uncertainty affected global investors’ expectations. While sentiment improved to a certain extent after the resolution of the US debt issue and as Japan saw stronger growth, other factors such as weaker economic …

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US signs MoU with DRC and Zambia for Cobalt and Copper Mining and Processing for Electric Vehicle batteries

The United States of America’s Department of State released a signed Memorandum of Understanding (MoU) with the Democratic Republic of Congo (DRC) and Zambia on electric vehicle battery value chains. The document was signed on 13 December 2022, during the Africa Leaders Summit and states DRC and Zambia’s involvement in …

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