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The latest mining world news and project information from Africa. providing updates on the progress of future, new and existing projects. Developments in mining legislation, policies, investments and infrastructure will be highlighted
Further to Transnet National Port Authority’s (TNPA’s) “reimagined” operational model, launched in November last year, and increased efficiency initiatives that are under way, the State-owned utility has announced it will spend R9.1-billion over the next seven years on capital projects in the Central Region ports.
The Central Region ports comprise Ngqura, Gqeberha and East London.
Aim-traded Premier African Minerals has entered into a marketing and prepayment agreement in the form of a binding heads of terms with clean technology developer Suzhou TA&A Ultra Clean Technology. The agreement will allow the company to establish a large-scale pilot plant at its Zulu lithium and tantalum project, in Zimbabwe, to produce spodumene concentrate six (SC6) from the first quarter of next year.
Research agency Fitch Solutions Country Risk & Industry Research believes global iron-ore production is likely to accelerate between 2022 and 2026, after stagnating somewhat over the past five years.
The agency forecasts global iron-ore mine output to grow by an average 2.7% over the period, compared with a -1.3% growth rate over 2017 to 2021.