Lobito Corridor Investment Promotion Authority

[NEWSLETTER] Welcome to the 10th edition of "Thoughts on the Corridor", the official newsletter of the Lobito Corridor Investment Promotion Authority presenting news, views, and announcements impacting the Lobito Corridor. What is included: ?? Experience Lobito Corridor’s Top Copper Mine ?? Each Current Lobito Corridor Nation Ranks in Top 10 With Most Chinese Workers ?? Mines Take Increasingly Longer to Bring Online ?? Angola Caught in Tug-of-War Between China, US ?? DRC Contains 55% of the World’s Cobalt Reserves ?? Lobito Corridor Seeing More Ship Traffic From Suez Canal Woes Read more and subscribe: www.lobitocorridor.org

Record revenue and record production from Kamoa-Kakula this quarter. ?? Turn the volume up! ??

?? Muhammad Ali's 'Rumble in the Jungle' fifty years on On October 30, 1974, Muhammad Ali knocked out George Foreman in the eighth round of a 15-round bout in Kinshasa, Zaire, known as the "Rumble in the Jungle," to regain his world heavyweight title. ??"I said last night, I had a dream, when I got to Africa I had one Hell of a rumble, I had to beat Tarzan's behind first for claiming to be the king of the jungle, for this fight I wrestled with the alligators, I've tussled with a whale, I done handcuffed lightning and put thunder in jail, you know I'm bad, I have murdered a rock, I injured a stone and I hospitalised a brick, I'm so bad I make medicine sick, I'm so fast, man, I can run through a hurricane and don't get wet, when George Foreman meets me he'll pay his debt, I can drown a drink of water and kill a dead tree, wait 'til you see Muhammad Ali." Cassius Marcellus Clay Jr. was born in Louisville, Kentucky in 1942.

[NEWSLETTER] Welcome to the 9th edition of "Thoughts on the Corridor", the official newsletter of the Lobito Corridor Investment Promotion Authority presenting news, views, and announcements impacting the Lobito Corridor. What is included: ?? Peter Zeihan on Why Lobito Corridor Matters to U.S. ?? Biden Postpones, Then Reschedules Angola Trip ?? Ivanhoe to Explore Zambia with View of Replicating Success in DRC ?? Congo Wants to Pivot Away From China’s Dominance Over Its Mining ?? China to Bring Tanzania-Zambia Railway Back to Full Speed With $1 Billion Boost ?? DRC and Zambia Contain Africa’s Largest Copper Reserves ?? Secretary Blinken Confirms Lobito Corridor’s Importance Subscribe for free: www.lobitocorridor.org

Popular geopolitical influencer, Peter Zeihan, recently discussed the #LobitoCorridor and why it matters to the United States. ?? "The idea that the United States has is that if we can rehabilitate the Lobito Corridor, which dates back to the Portuguese occupation a century ago, well then there is another route for this stuff (critical minerals) to get out and it would be going to the Atlantic instead of the Indian Ocean basin and that's closer to the United States and Europe as opposed to China." ?? "It's a bit of a tug of war that the Angolans are encouraging because everybody is spending infrastructure money in their country" On geopolitics: ?? "...the people who won the Civil War are a minority and we have the group that the United States used to support which is closer to the majority that's kind of an oppressed population."

[NEWSLETTER] The big news in this edition of "Thoughts on the Corridor", the official newsletter of the Lobito Corridor Investment Promotion Authority is the signing of concession agreements to extend the Lobito Corridor to Tanzania and the Indian Ocean. It is too soon to know the impacts to China's revitalization efforts of the TAZARA railway linking Zambia to Tanzania. This is thanks to the leadership of Ricardo Viegas D'Abreu (Angola's Transportation Minister) and the representatives from Zambia and the Africa Finance Corporation.

Pensana is pleased to announce that it has been awarded a?$US?3.4million?Technical Assistance Grant by the?US International DFC, America’s development finance institution. The grant will fund studies into?the proposed $US100 million expansion?of the?Longonjo operations,?doubling the capacity?to 40,000 tonnes per year of MREC containing 4200?tonnes of NdPr. The grant will also fund studies into development of the recently discovered Coola deposits and potential downstream?processing in Angola. Read more: https://bit.ly/3N0TpTK #rareearths #energytransition #sustainability #supplychain #longonjo #distribution #magnetmetals #criticalminerals #EVs #offshorewind #NdPr

O Corredor do Lobito vai, finalmente, “fechar” o círculo e estabelecer a liga??o entre o oceano Atlantico e o índico! Porque ontem, em Nova Iorque, tive o grato prazer de assinar com a Africa Finance Corporation e o Ministro dos Transportes da Zambia os acordos de concess?o para o financiamento, constru??o, propriedade e opera??o do projecto ferroviário de transforma??o, que vai estabelecer a liga??o entre Angola e a Zambia e operacionalizar o Corredor do Lobito no seu todo. Este projecto prevê a constru??o de uma linha ferroviária inteiramente nova, de aproximadamente 800 km, para ligar o caminho de ferro de Benguela, em Luacano, Angola, à já existente linha ferroviária da Zambia, em Chingola. A Africa Finance Corporation é a promotora líder do projecto ferroviário Zambia – Angola (Lobito), em colabora??o com o Governo dos Estados Unidos, a Uni?o Europeia, o Banco Africano de Desenvolvimento, e os governos de Angola, da República Democrática do Congo e da Zambia. Prevê-se que a nova linha férrea a construir no ambito dos acordos agora assinados crie benefícios económicos de aproximadamente 3 mil milh?es de dólares para ambos os países, reduza as emiss?es atmosféricas em cerca de 300.000 toneladas por ano, e crie mais de 1.250 postos de trabalho durante a sua constru??o e as opera??es.

Our friends at the Development Bank of Southern Africa (DBSA) recently put out this excellent #LobitoCorridor explainer video. Enjoy! This follows the DBSA's announcement of a $200 investment pledge to the Corridor. ?? "Our support for the Lobito Corridor Railway Project aligns with our mission to drive sustainable economic growth and regional integration in Southern Africa, not forgetting building Africa's prosperity," said Mpho Mokwele, the DBSA representative leading the transaction.