Marion Gachuhi’s Post

#Ghana's journey to transform its rich minerals into a valuable commodity is gaining momentum with a landmark partnership. GIADEC, the driving force behind Ghana's Integrated #Aluminium Industry (IAI) vision, has teamed up with MYTILINEOS Energy & Metals to deliver Project 3A. This ambitious project will see the construction of a state-of-the-art alumina refinery alongside the development of a #bauxite mine in the Ashanti Region. This project marks a turning point for Ghana, as it will finally capture the true value of its bauxite by refining and smelting it within the country. Currently, Ghana relies on imported alumina for its aluminum production. Project 3A is expected to create a self-sufficient aluminum industry, boosting the economy and creating jobs: https://lnkd.in/djc-_qq5 #Ghana #Aluminum #IAI #MYTILINEOS #GIADEC

Another important milestone for Tosyali 🙏🧿🍀 Tosyali Iron & Steel Angola 🇦🇴, Tosyali’s subsidiary in Angola, joined forces with Sonangol, national oil company of Angola 🇦🇴 with a view to boost the operationalization of 2bln tonnes Kassinga iron ore reserves in Jamba and also investing in an integrated steel plant in Namibe which will support Angola economy for diversification towards non-oil&gas sector. The partnership will give a new and strong momentum to our focus in Angola 🇦🇴. This also marks Tosyali’s second cooperation with a national oil company in international investments after teaming up with Sonatrach, national oil company of Algeria for the production of green hydrogen in Algeria 🇩🇿 Tosyali’s global expansion plan is in full action mode 🚀 🧿👍🏃🏻♂️🏃🏻♀️🏃

📢 “Foreign investment and domestic development are mutually necessary in order to develop Saudi Arabia into a large mineral processing hub.” ⛏ CRU Consulting’s Ionut Lazar was recently quoted in an article by The National News on the emergence of Saudi Arabia as a potential future key player in the global minerals supply chain. Indeed, leveraging on their own domestic resources is expected to be a key pillar of the kingdom’s forthcoming Vision 2040 plan. To better understand the opportunities available to the country as well as any potential limitations, please follow the underlying link. 🏦 CRU Consulting has a strong track record in the Middle East and has acted as a trusted advisor to middle eastern producers, banks and governments. If you would like to find out more about how we can help your company, please reach out to Ionut or another one of our industry leading experts. #KSA #criticalminerals

**Saudi Arabia’s Ma'aden extracts #lithium from seawater** - Saudi state-owned miner #Ma'aden has successfully extracted lithium from seawater in a pilot project, though commercial viability is yet to be achieved, according to CEO Bob Wilt بوب ويلت, as reported by Reuters. - This initiative supports Saudi Arabia's Vision 2030 to reduce oil dependency and become an #EV hub, with parallel efforts by Saudi Aramco to extract lithium from brine at its oilfields. - Despite ongoing discussions of potential collaborations, Wilt clarified that Ma'aden is not considering purchasing #DeBeers from Anglo American. -Manara Minerals, a joint venture between Ma'aden and the Saudi Public Investment Fund (PIF), made its first major international investment by acquiring a 10% stake in Vale Base Metals, gaining access to operations in Canada and Indonesia. - Manara Minerals continues to seek opportunities for new ventures and overseas investments in critical minerals such as copper, lithium, iron ore, and nickel, particularly focusing on regions from East Asia to Africa. #mining #mineralexploration #mineralprocessing

Global #demand for #criticalminerals is projected to grow threefold by 2040, highlighting a #strategic #opportunity for #African #producers to increase output and the development of untapped #mineraldeposits. The Critical Minerals Africa 2024 Summit on 6 & 7 November in #CapeTown will help African critical mineral producers attract #investments and meet global demand.

Global #demand for #criticalminerals is projected to grow threefold by 2040, highlighting a #strategic #opportunity for #African #producers to increase output and the development of untapped #mineraldeposits. The Critical Minerals Africa 2024 Summit on 6 & 7 November in #CapeTown will help African critical mineral producers attract #investments and meet global demand.

Saudi Arabia plans to invest 182 million dollars in the exploration of critical minerals to diversify its economy, mainly based on oil and gas exports. The Gulf state recently raised the estimated value of its untapped mineral potential by 90 percent to 2.5 trillion dollars, based partly on new discoveries of rare earths. At the Future Minerals Forum, which is currently taking place in the Arab capital of Riyadh, it was also decided to strengthen cooperation in the raw materials sector with the Democratic Republic of the Congo, Egypt, Morocco, and Russia. #rawmaterials #criticalminerals #rareearths #saudiarabia #energytransition

Kazakhstan and the United States Strengthen Collaboration in Energy and Mining. Kanat Sharlapayev, Kazakh Minister of Industry and Construction, visited the United States to expand partnerships with the U.S. International Development Finance Corporation (DFC) and key players in energy, geology, and mining. The ministry’s press service reported this on Feb. 29. During his engagements, Minister Sharlapayev met with DFC Deputy CEO Nisha Biswal to discuss economic advancement and bilateral trade, highlighting a 12% increase in U.S. companies in Kazakhstan. They discussed initiatives such as the KazAzot fertilizer plant, electric vehicle charging stations, and the development of pivotal infrastructure projects like the container hub at the Aktau port and a transport and logistics hub in the West Kazakhstan Region. Biswal expressed interest in further collaboration, affirming the DFC's commitment to projects in Kazakhstan. Read more: https://lnkd.in/e2zHej7d #KazakhstanUSA #EnergyCooperation #MiningPartnerships #InfrastructureDevelopment #EconomicGrowth #DFCInvestments #BilateralTrade #RareEarthMetals #LogisticsHub #GlobalPartnerships #KIOGE

Saudi Arabia has proposed a 15% investment in Pakistan’s Reko Diq copper and gold project, along with grants for road infrastructure around the site. The Special Investment Facilitation Council has approved the investment structure, but final approval rests with the Cabinet Committee on Intergovernmental Transactions. Pakistan anticipates up to $5 billion in Saudi investments in the mining and agriculture sectors by next year. The Reko Diq project, one of the world’s largest undeveloped copper-gold mines, was revived after an $8 billion agreement in December between Pakistan, Barrick Gold, and the federal and Balochistan governments. Mining is expected to begin in 2028, pending the feasibility study. #RekoDiqProject #SaudiInvestment #CopperGoldMining #InfrastructureDevelopment #EconomicGrowth

🚢⚡ 𝐀𝐦𝐦𝐚𝐧 𝐌𝐢𝐧𝐞𝐫𝐚𝐥 𝐂𝐡𝐚𝐫𝐭𝐬 𝐍𝐞𝐰 𝐖𝐚𝐭𝐞𝐫𝐬 𝐢𝐧 𝐄𝐧𝐞𝐫𝐠𝐲 𝐈𝐧𝐭𝐞𝐠𝐫𝐚𝐭𝐢𝐨𝐧 Copper, gold miner and smelter PT Amman Mineral Internasional Tbk (IDX: AMMN) through its unit PT Amman Mineral Nusa Tenggara (AMNT) has taken a bold step forward in its vertical integration strategy. The company has secured a time charter agreement for the "𝐋𝐚𝐝𝐲 𝐄𝐯𝐚" LNG vessel, set to fuel #AMNT's state-of-the-art smelter and combined cycle power plant. As the company gears up to produce 220,000 tons of copper cathode, we're witnessing a transformative moment in #Indonesia's mining and energy sectors. 🔍 Read the full article on: https://lnkd.in/e3w4VPar 💡What impact do you foresee this development having on the regional copper market and energy efficiency in mining operations? Share your perspective on this development in the comments below, and don't forget to like and share to keep your network informed! #IndonesianMining #EnergyIntegration #LNGInnovation #SustainableMining #CopperMarket #PetromindoInsights 📊 For in-depth analysis on this and other groundbreaking developments in the energy sector, subscribe to Petromindo's newsletter, your 𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐟𝐨𝐫 𝐈𝐧𝐝𝐨𝐧𝐞𝐬𝐢𝐚'𝐬 𝐄𝐧𝐞𝐫𝐠𝐲, 𝐎𝐢𝐥, 𝐚𝐧𝐝 𝐌𝐢𝐧𝐢𝐧𝐠 𝐬𝐞𝐜𝐭𝐨𝐫𝐬. Our expert insights keep you ahead in this rapidly evolving industry.