3 SAUDI ARABIA Ma ’ aden reaches milestone on
The Saudi Arabian Mining Company ( Ma ’ aden ) has completed utilities commissioning on a $ 900mn ammonia plant in Ras Al-Khair industrial City . Construction completion is expected in the fourth quarter of 2021 , with full activation in Q1 2022 . The ammonia plant is the first project in the $ 6.4bn ‘ Phosphate 3 ’ expansion to Ma ’ aden ’ s phosphate fertilizer portfolio , encompassing the full mine-to-market development process of phosphate fertilizers .
6 AUSTRALIA
BHP , Rio Tinto & Vale launch Charge On Innovation Challenge
In partnership with Austmine , Australia ' s leading mining equipment , technology and services industry association , founding patrons BHP , Vale and Rio Tinto have launched a competition , the Charge On Innovation Challenge , to encourage technology innovators to develop new concepts for large-scale haul truck electrification systems . The main goal is cutting emissions from surface mining operations .
4 DEMOCRATIC REPUBLIC OF CONGO Ivanhoes Mines begins copper production at Kamoa-Kakula
Following 24 years of exploration and development , Ivanhoe Mines has begun copper production at Kamoa- Kakula in the Democratic Republic of Congo . Against the backdrop of record prices for the red metal , it has the potential to be the largest copper mining complex in the world producing a very high-grade , clean concentrate grading approximately 57 % copper , with extremely low arsenic levels .
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