COPPER
Abu Dhabi's International Resources Holding (IRH) has exercised its right to proceed with the formation of a joint venture (JV) vehicle with diversified metals processor Jubilee Metals Group for the implementation of a copper waste rock project in Zambia, as well as to progress with the upgrade of Jubilee’s Roan copper facility together with the continued expansion of its chrome operations. The waste rock project scope targets the processing of in excess of 260-million tonnes of copper-containing surface material. The project is aimed at initially implementing four modular processing plants with a combined processing capacity of 2.4-million tonnes a year, capable of producing more than 20 000 t/y of copper in concentrates, starting in the second quarter.
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