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Australian battery materials plant eyes financing deal by end-June

By: Reuters     3rd May 2019 Nickel miner Australian Mines hopes to lock in funds for a planned A$1.3-billion ($935 million) battery materials plant by end-June, its chief executive said, despite volatile prices that have crimped lending to the new energy sector. The company is talking with South Korean battery maker SK... 

Marrakesh Agreement: 25 years on

By: Riaan de Lange     3rd May 2019 April 15, a day steeped in history. Well, you can argue that this is true of every day. What possibly makes April 15 a bit unique is that all the major events that happened on this day are general knowledge, unless you are not from this planet. On this day in 1865, US President Abraham Lincoln... 

Zambia sets sights on yet more solar as another 34 MW is connected to grid 

By: Terence Creamer     29th April 2019 The 34 MW Ngonye solar photovoltaic plant, in Zambia, has been connected to the country’s grid and has started operations. Once fully up and running, the facility is expected to produce about 70 GWh of electricity yearly and help the Southern African country diversify its power mix away from its... 

BMW to buy cobalt direct from Australia, Morocco for EV batteries

By: Reuters     24th April 2019 German carmaker BMW will buy cobalt, a key component for electric vehicle (EV) batteries, directly from mines in Australia and Morocco to ensure they are not produced by child labour, an executive said on Tuesday. The announcement came as the London Metal Exchange (LME) launched an initiative... 

Moroccan miner Managem considering raising $200m in bond sales

By: Reuters     17th April 2019 Morocco's leading mining firm Managem says it is considering raising $200-million through the sale of nonconvertible bonds with a maturity of up to seven years, to fund its development plans. The terms of the issuance will have to be approved by its general assembly on May 6, Managem said in a... 

Uranium industry weighs rules that have bomb watchers twitching

By: Bloomberg     15th April 2019 Back in the 1970s and 1980s when he was keeping America’s nuclear weapons up to date, Robert Kelley didn’t pay much attention to their source of uranium. But then he was reassigned to lead the international team that accounted for the of hundreds of tons of the heavy metal Iraq secretly... 

Supportive policy held up as key to unlocking Africa’s auto ambitions 

By: Irma Venter     12th April 2019 Policy certainty and flexible thinking will play an important role as Africa increasingly look to the automotive industry to grow its industrialisation footprint, says Thomas Schaefer, chairperson and MD at Volkswagen Group South Africa (VWSA), as well as chairperson of the African Association of... 

Africa cooperation pacts key to new-vehicle manufacturing

By: Cameron Mackay     12th April 2019 The key to manufacturing more new vehicles in South Africa and on the continent lies in restructuring the African market around a cooperation agreement in key assembly economies such as Ghana, Nigeria, Kenya and Ethiopia, says advisory and investment holding company UBU Investment Holdings... 

Supportive policy held up as key to unlocking Africa’s auto ambitions

By: Irma Venter     12th April 2019 Policy certainty and flexible thinking will play an important role as Africa increasingly look to the automotive industry to grow its industrialisation footprint, says Thomas Schaefer, chairperson and MD at Volkswagen Group South Africa (VWSA), as well as chairperson of the African Association of... 

TPT sets its focus on African port concession opportunities

By: Shirley le Guern     5th April 2019 State-owned Transnet aims, through its Transnet International Holdings entity, to leverage its expertise to secure port concessions across the African continent. Transnet Port Terminals (TPT) growth and diversification senior manager Dr Darren Fraser told a special interest group gathering under... 

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