{"id":77247,"date":"2023-05-04T00:07:16","date_gmt":"2023-05-04T00:07:16","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/05\/04\/omans-al-hadeetha-pushes-ahead-with-copper-mining-plant-yemen-continues-solar-power-irrigation-program-and-algeria-interconnector-project-moves-forward\/"},"modified":"2023-05-04T00:07:16","modified_gmt":"2023-05-04T00:07:16","slug":"omans-al-hadeetha-pushes-ahead-with-copper-mining-plant-yemen-continues-solar-power-irrigation-program-and-algeria-interconnector-project-moves-forward","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/05\/04\/omans-al-hadeetha-pushes-ahead-with-copper-mining-plant-yemen-continues-solar-power-irrigation-program-and-algeria-interconnector-project-moves-forward\/","title":{"rendered":"Oman\u2019s Al Hadeetha pushes ahead with copper mining plant, Yemen continues solar-power irrigation program, and Algeria interconnector project moves forward"},"content":{"rendered":"

Progress in Omani copper gold project: <\/strong>Oman\u2019s copper mining firm Al Hadeetha Resources has secured USD 15 mn in additional financing from its current project finance lender Sohar International Bank for the completion and commissioning of its Al Washi-hi Majaza copper-gold project, Oman Daily Observer<\/a> reports, citing statements from the company. Around USD 8 mn of the additional financing facility will be used by the company \u2014 a JV between Oman\u2019s Al Hadeetha Investment and Australian mining firm Alara Resources \u2014 to procure spare parts, reagents, lubricants, and other materials needed to commission the plant. The remainder of funds will be used for working capital, it added. The commissioning of the 1 mn ton-per-annum (MTPA) copper concentration plant is set for September of this year.<\/p>\n

REMEMBER- <\/strong>Copper, cobalt, nickel, and lithium are critical minerals<\/a> for EV and battery storage production, which are expected to see a massive jump in demand in the coming years as countries roll out their plans for energy transition.<\/p>\n

And there\u2019s increased investments in minerals mining regionally: <\/strong>Last month Luxembourg-headquartered Eurasian Resources Group said it is looking to build up a portfolio of energy transition minerals<\/a> by investing in mining activities in MENA and the GCC.<\/p>\n

\n

Yemen\u2019s solar-powered wells move forward: <\/strong>Yemen has launched the second phase of a renewable energy project to implement 35 solar-powered agricultural irrigation systems in several of its governorates, Spa<\/a> reports. Backed by the Saudi Development and Reconstruction Program for Yemen, the Arab Gulf Program for Development, and the Selah Foundation for Development, the project will fit irrigation wells with solar power systems in the governorates of Hadramout, Abyan, and Lahij which have recently suffered from drought.<\/p>\n

Sonelgaz progresses on interconnector project:<\/strong> Algerian state power utility Sonelgaz\u2019s subsidiary GRTE has signed turnkey contracts with local engineering and construction firms to link the country\u2019s southern electricity grid with the national grid, according to a statement<\/a>. The project, which runs through several regions, includes the construction of three high-voltage substations, several transformer substations and a transmission network to boost power supply and integrate renewable energy, according to the statement.<\/p>\n","protected":false},"excerpt":{"rendered":"

Progress in Omani copper gold project: Oman\u2019s copper mining firm Al Hadeetha Resources has secured USD 15 mn in additional financing from its current project finance lender Sohar International Bank for the completion and commissioning of its Al Washi-hi Majaza copper-gold project, Oman Daily Observer reports, citing statements from the company. Around USD 8 mn […]<\/p>\n","protected":false},"author":1,"featured_media":77248,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[67],"tags":[41,66,11,197,196,92,88,355],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-77247","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-algeria","tag-also-on-our-radar","tag-enterpriseclimate","tag-minerals","tag-mining","tag-oman","tag-renewables","tag-yemen","wpautop","entry"],"acf":{"mongo_id":"8b781f90-be11-48f0-84bc-585c5bd19177","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2019\/4\/2544.jpg","photo_position":"above","related_issue":[77229],"teaser":"","voice_url":""},"yoast_head":"\nOman\u2019s Al Hadeetha pushes ahead with copper mining plant, Yemen continues solar-power irrigation program, and Algeria interconnector project moves forward - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2023\/05\/04\/omans-al-hadeetha-pushes-ahead-with-copper-mining-plant-yemen-continues-solar-power-irrigation-program-and-algeria-interconnector-project-moves-forward\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oman\u2019s Al Hadeetha pushes ahead with copper mining plant, Yemen continues solar-power irrigation program, and Algeria interconnector project moves forward\" \/>\n<meta property=\"og:description\" content=\"Progress in Omani copper gold project: Oman\u2019s copper mining firm Al Hadeetha Resources has secured USD 15 mn in additional financing from its current project finance lender Sohar International Bank for the completion and commissioning of its Al Washi-hi Majaza copper-gold project, Oman Daily Observer reports, citing statements from the company. 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