Modern Mining December 2023

Anglo American and Mitsubishi Materials collaborate on copper value chain

Jubilee Metals Group, a diversified metals processing business, has announced the award of the large Mufulira Slag Project through a Joint Venture (JV) collaboration with Mopani Copper Mines (MCM). The Slag Project aims to process some 13 million tonnes of his torical slag, estimated to contain 0.7% copper and 0.27% cobalt in addition to the current slag arisings. Under the targeted JV, Jubilee is appointed to design, implement and operate the new processing facility with the first right to fund the implementation of the project in collaboration with MCM. The JV reflects Jubilee’s commitment to securing high-value waste resources containing copper and cobalt – metals that are critical to the green transition – and underscores the company’s proven track record of the responsible extraction and utilisation of high-value waste resources. The Slag Project of 13 million tonnes of historical slag, represents an exciting oppor tunity for Jubilee to extract and process the valuable resources, estimated to contain 89 000 t of copper and 44 000 t of cobalt, in addition to current arising slag from the on-going MCM facility Orosur Mining inks lithium JV South American minerals exploration and development company, Orosur Mining has continued its strategy of securing high qual ity mineral exploration opportunities in key jurisdictions, having recently signed a joint venture (JV) agreement to explore a num ber of exploration licences across Nigeria, which the company considers to be highly prospective for lithium mineralisation. The company has long been examining an entry into the lithium space to add to its diversified portfolio of high-quality exploration assets but found few attractive South American opportunities. A team of experienced geologists is in place, with all necessary equip ment and logistical support such that field programmes will be commencing immediately. Work will start initially with preliminary reconnaissance, and it is expected that results and additional work can advance quickly, the company said.  Diversified miner, Anglo American, has inked a memorandum of understanding with Mitsubishi Materials Corporation to collabo rate on the creation of a copper product offering that responds to growing demand for metals with demonstrably strong provenance credentials. The collaboration will focus on driving traceability across copper’s fragmented value chain, with the aim of identifying and measuring sustainability indicators that industry stakeholders and end customers deem most relevant and valuable. By using technology-driven traceability solutions, the two companies will work together to provide stakeholders with secure access to rel evant product provenance information. Anglo American and Mitsubishi Materials will also explore decar bonisation opportunities to reduce the overall carbon footprint of the metal provided to customers. Paul Ward, Executive Head of Base Metals Marketing at Anglo American, said: “Consumers around the world are increasingly ask ing that their purchases come with greater assurance of sustainable production. Our work with Mitsubishi Materials aims to acceler ate efforts to increase provenance visibility for materials used in

some of the key technologies for modern life and to improve liv ing standards for a growing global population through sustainable socio-economic development.”  Anglo American and Mitsubishi Materials to collaborate on copper value chain.

Jubilee announces award of a New Slag Project with MCM

Jubilee Metals award a Mufulira Slag Project. in Mufulira. The copper grades within the slag are double those of standard tailings, providing an exceptional opportunity to extract maximum value from this significant resource. 

Orosur Mining inks JV to explore for lithium in Nigeria.

December 2023  MODERN MINING  7

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