Nickel by Musongati: East African Region Project Group, a remake of BMM?

Two months have passed. Nothing says that the company East African Region Project Group paid the first tranche of funds to the Central Bank as agreed in the memorandum of understanding. There was talk that this memorandum would lapse after 2 months without transfers of these required amounts.

On March 29, 2022, the Burundian Minister of Hydraulics, Energy and Mines, Ibrahim Uwizeye, had signed a memorandum of understanding with the Russian company East African Region Project Group concerning the execution of the investment project for exploit the Musongati nickel deposit and associated minerals in Rutana province.

This memorandum was signed after the revocation of the nickel exploitation permit granted to BMM International in 2014 for non-compliance with the clauses of the contract.

The Council of Ministers of March 22, 2022 had specified that this memorandum of understanding will have a duration of two months. “Exceeding this deadline, without transfer of the funds of the first tranche to the Central Bank, this memorandum will become null and void”.

Apparently the first installment is still pending

Asked if the company has already disbursed the first installment of the funds, Minister Uwizeye did not give a clear answer: “What you need to know is that it has not yet been given a license operating. To benefit from this permit, they must bring money so that we are sure that they have means”.

The Minister in charge of Mines informs that the company must pay the first installment to the Central Bank and wait with the government on its use. “Without that, no permit. We noticed that the country had lost a lot. We stay on our position. We will analyze the situation. If they haven’t paid the first installment, they can leave. This does not prevent us from looking for other investors”.

According to the said Council of Ministers, this company must disburse an amount of 1.5 billion US dollars per year as a financial subsidy for a period of 10 years, that is 15 billion US dollars.

According to the distribution made of this sum, East African Region Project Group will pay annually for 10 years an amount of 500 million US dollars, or 33.3% to the State of Burundi, according to the terms of the memorandum of understanding.

This amount must be accounted for as State budget revenue as the Musongati nickel royalty. In addition, 15% of these funds will be used for public interest projects initiated by the parties and finally 51.7% will be used for nickel mining.

Source: IWACU Burundi

Midea V8 Global Launch in Dubai, Leading VRF Revolution through Technology

DUBAI, UAE, June 2, 2022 /PRNewswire/ — Midea Building Technologies launched the V8 Series VRF in Dubai. This standout product is able to address many of the industry’s pain points through ShieldBox, SuperSense, and HyperLink technologies.

The trend of low-carbon intelligent solutions and the shackle of the pain points of the traditional VRF industry are forcing a change in the industry. Gene Sun, GM of Midea KONG Intelligent Building Ltd, introduced the concept of iBuilding solutions. Through big data, IoT, 5G, and other technologies, iBuilding solutions can realize the interoperability of humans, equipment, and space throughout its life cycle.

Industry consultants spelled out the pain points of the building and VRF industry. The ventilation holes in the electric control box of traditional VRFs lead to internal device damage from sand, dust, snow and insects, which is a notable issue in various environments, such as the Middle East and Africa. Traditional VRF installation also increases the difficulty of construction, and the repair process is both time-consuming and costly.

Peter Wu, Chief R&D Engineer of Midea DX Product Company, detailed the breakthrough exploration of Midea V8 Series VRF from a quality, design, and low-carbon standpoint. Midea launched the industry’s first fully enclosed electric control box (ShieldBox) to avoid damage to internal components caused by harsh environments. From an installation standpoint, Midea’s self-designed communication chip (HyperLink) realizes an arbitrary topology besides the traditional method, reducing installation cost and improving installation efficiency. For operation, V8 Series VRF is equipped with 19 sensors (SuperSense), the most complete range in the industry, allowing for an instant diagnosis of the system’s current refrigerant volume.

On the design front, Midea V8 Series VRF introduces a side discharged series in its outdoor unit, which reduces its occupied spaces and makes it easier to transport. A diversified range of indoor units is available to meet the demands of increasingly complex interior spaces, freeing the product from height constraints. As to energy-saving, Midea V8 Series VRF also takes the lead in realizing direct current in all internal and external units and has entered energy partition for zoned energy management.

Midea V8 Series VRF earned several certifications from Intertek, and V8 also received the gold prize for its energy solution at the Inventions Geneva 2022. Developing global standards for VRFs in zero-emission buildings, Midea is aiming for a sustainable future.

Say Hello to Wonders: Midea Wows Middle East with New Inverter Wonder AC

  • First inverter window AC cools like a split AC with wide range flash cooling, energy-saving features, and ultra-quiet operation

RIYADH, Saudi Arabia, June 2, 2022 /PRNewswire/ — Window air conditioner is a mainstay category in households throughout the Middle East. Yet despite ubiquity, these window ACs are noisy, inefficient, inconvenient to operate, and deliver uneven cooling. In response to these challenges, Midea has introduced its new Wonder AC, the first inverter window AC designed specifically for Middle East households.

The Midea Wonder AC is a product that truly fulfills the wishes of consumers in the region. Over 700 local consumers were involved in the design and development of the product. It cools like a split AC, and features wide range flash cooling, energy-saving features, ultra-quiet operation, and smart control.

Exclusively-designed  wide range flash cooling

Traditional window ACs have a small air outlet and a limited cooling range, so it takes longer time to cool down to desired temperature and it cools unevenly. The Midea Wonder AC addresses these pain points with an innovative air outlet design that looks like split AC and is 10% larger than traditional window units, so consumers can enjoy even whole-room coverage and a further cooling distance of up to 9.5 meters. With enlarged rotation angles horizontally & vertically, it cools more than 63% wider than traditional window ACs – 68% of consumers consider it’s the most appealing point from Midea’s research – conveniently cooling every corner of your room.

Moreover, an innovative CoolFlash feature was thoughtfully developed for the Middle East market, and was certified by the TÜV Rheinland. With one press of the CoolFlash button, Midea Wonder AC can cool a room by six degrees centigrade in 10 minutes, allowing users to instantly enjoy cool air 34% faster than traditional window units.*

First inverter window AC saves up to 26% energy

According to consumer research, 63% of consumers were attracted by energy-saving function of a window AC. Midea Wonder AC is the first inverter window AC engineered with T3 compressor technology, which saves up to 26% energy compared to traditional on/off window units. Fully compliant with SASO standards and specifications, the Wonder AC is energy-efficient and cost-effective. *

Four times quieter operations

Unlike other window ACs, the Midea Wonder AC is constructed differently to cut off the humming noise and achieve quiet operations as low as 39dB in low fan mode. Even in high fan mode, the unit remains four times quieter than traditional window units. This whisper-quiet cooling enables users to enjoy an undisturbed sleep, or watch a show without the whirring noise of an AC in the background.*

Easy usage with smart features and value-added accessories

Usually traditional window ACs require manual operation, but Midea Wonder AC is convenient and hassle-free to use. The remote controller and wireless capabilities enable users to change the settings anytime, anywhere using the Midea MSmarthome App, or control the devices through Google Assistant and Amazon Alexa.

Hot summer needs wonder cool! The Midea Wonder AC is now available in the Middle East. Check out Midea for the best and wonderful summer cooling!

*Lab tests verified by TÜV Rheinland (ID:1111247757)

*Data calculated based on CSEC according to SASO 2663:2021

*Data calculated based on ISO 3745-2010, ISO13261-1-1998

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A New Record, GWM Officially Announces Its 300,000th POER

BAODING, China, June 2, 2022 /PRNewswire/ — On May 8, the 300,000th GWM POER was completed at the production line in GWM Chongqing Smart Factory in southwest China.

A New Record, GWM Officially Announces Its 300,000th POER

It is a new record hit by GWM since the 200,000th vehicle was delivered to customers in August last year. In just two years, GWM POER has successfully achieved a remarkable milestone of 300,000th vehicle.

“Based on its outstanding product strength, GWM POER has become a best-selling model and has brought high-quality and intelligent pickup products to global users,” said Tony Sun, Deputy General Manager of GWM International at the 300,000th GWM POER completion ceremony.

Actually, taking the Chinese market as its starting point, GWM POER has completed vehicles from the 1st to the 10,000th in less than one hundred days at the production line since 2019.

To meet the diverse needs of various markets around the globe, GWM POER offers different types of intelligent configurations. In the Australian market, for example, the model is equipped with multiple intelligent driver assistance systems, such as Lane Keeping Assistance (LKA) and Automatic Emergency Braking (AEB), to comprehensively improve the safety of drivers and passengers in all aspects while on the road.

Particularly the AEB function, this will automatically control the vehicle to brake when drivers encounter an emergency or need to keep a minimum safe distance. In such cases, this function can reduce collision accidents and enhance safety on the road.

To fulfill the different needs of global customers, GWM also takes the lead in launching Jingangpao in the Chinese market recently. It is the latest model in the sub-series of GWM PICKUP. Equipped with a large cargo box, Jingangpao provides convenience for customers’ lives and daily work. For example, if customers plan to carry some large-size furniture and mechanical equipment, the design of the load capacity can help them finish the transportation more efficiently.

Currently, GWM POER has been launched in more than 50 countries, including Australia, New Zealand, Chile, Saudi Arabia and South Africa, and has achieved sales growth in many markets.

The report released by the National Automobile Association of Chile (ANAC) shows that in February this year, the sales of GWM PICKUP increased by 38%, with a market share of over 19% because of the hot-selling GWM POER.

“In the future, GWM will continue to upgrade and renew its pickup products so global customers can enjoy the best products and services brought by advanced technologies,” Tony said.

This year, GWM also plans to launch Jingangpao into several markets including Saudi Arabia, Chile and other markets to offer more diversified and customer-oriented new options for global customers in the pickups market.

Photo – https://mma.prnewswire.com/media/1831406/A_New_Record__GWM_Officially_Announces_Its_300_000th_POER.jpg

MA’ADEN and GlassPoint sign a Memorandum of Understanding (“MOU”) to develop the world’s largest solar process steam plant

Saudi Arabia’s leading mining company signs an MOU to facilitate the study to develop the first solar steam project in the kingdom to decarbonize MA’ADEN’s alumina refinery

RIYADH, Saudi Arabia, June 2, 2022 /PRNewswire/ — Saudi Arabian Mining Company (MA’ADEN), Saudi Arabia’s national mining champion and one of the fastest-growing mining companies in the world, and GlassPoint, the leader in industrial solar steam, have entered into a Memorandum of Understanding to develop the world’s largest solar process heat plant at MA’ADEN’s Alumina refinery. When complete, the 1,500 MW solar steam facility will help MA’ADEN achieve sustainability goals by reducing carbon emissions by over 600,000 tons annually. This represents more than 50% reduction of carbon footprint in MA’ADEN’s Alumina refinery and 4% of MA’ADEN’s overall carbon footprint.

GlassPoint

The MOU was signed at MA’ADEN HQ in Riyadh, Saudi Arabia by Riyadh Al Nassar, senior vice president of MA’ADEN’s aluminum business and Rod MacGregor, CEO and founder of GlassPoint, witnessed by Robert Wilt, CEO of MA’ADEN and Jacob Drejer, CCO of GlassPoint,

Robert Wilt, CEO of MA’ADEN stated: “As the third pillar of the Saudi economy, we aspire to be a role model in ESG in the Kingdom. This significant development will dramatically reduce our carbon footprint and bring us closer to our mandate of carbon neutrality by 2050. As the world moves towards green aluminum, MA’ADEN intends to help lead the way in this transition.”

Riyadh Al Nassar, SVP Aluminum SBU of MA’ADEN stated: “The proposed new facility, a solar thermal plant known as MA’ADEN Solar 1, will be located in Ras al Khair, Kingdom of Saudi Arabia, and will harness the power of the sun to produce steam. The steam will be used to refine bauxite ore into alumina. Alumina is a critical feedstock to Aluminum, which is one of the world’s most crucial metals for many global industries going into a future that is focused on environment and sustainability.”

“MA’ADEN is leading the way to reduce industrial carbon emissions at scale by replacing fossil fuels with solar power to create heat. This facility when built will be the largest industrial solar steam plant in the world and the first deployed in both Saudi Arabia and in the aluminum supply chain,” said Rod MacGregor, CEO and founder of GlassPoint. “With this MOU, GlassPoint is entering a new phase of growth to help decarbonize a range of industries seeking to lower their carbon footprint.”

Under this arrangement, MA’ADEN and GlassPoint will work together developing a more sustainable way to produce aluminum, which is a crucial metal for many global industries and the energy transition. This MOU also represents GlassPoint’s reemergence as a leader in solar process heat.

As a global energy producer, Saudi Arabia is committed to advancing the fight against climate change. The Kingdom has unveiled the Saudi Green Initiative (SGI) to help the country become an international leader in sustainability. Last year, the SGI unveiled a first wave of more than 60 initiatives, amounting to a SAR 700 billion ($186B US) investment to accelerate the green economy across Saudi Arabia and beyond.

To learn more about MA’ADEN, visit: https://www.maaden.com.sa/
To learn more about GlassPoint, visit: https://www.glasspoint.com/

About GlassPoint

GlassPoint decarbonizes the production of materials essential to the energy transition and makes a substantial impact combating climate change. The company builds, owns and operates large-scale solar steam facilities to reduce carbon emissions in hard-to-abate industries such as mining and metals, chemicals, construction materials, desalination and more. GlassPoint is the only solution proven at scale to reduce carbon emissions from industrial process heat and has built more than half of the solar steam capacity in the world. Learn more at glasspoint.com.

About MA’ADEN

MA’ADEN operates the largest and most efficient vertically integrated aluminum complex in the world in Ras Al Khair on Saudi Arabia’s east coast. MA’ADEN’s mine-to-market aluminum business comprises the Al Ba’itha mine and fully integrated refinery, smelter, rolling and export facilities in Ras Al Khair. MA’ADEN provides high-quality billets, ingots, slabs and flat-rolled aluminum products to customers across the globe, including multinational automakers and consumer brands.

Logo – https://mma.prnewswire.com/media/1829788/glasspoint_logo_Logo.jpg

‫ منحت Intertek شهادة Tick-Mark الرائدة في الصناعة لمكيف الهواء V8 من ميديا

تشير الشهادة إلى موثوقية الهيكل الطاغي والتشغيل المستقر بدرجة حرارة عالية للغاية وكفاءة الطاقة العالية جدًا 

دبي، الإمارات العربية المتحدة، 2 يونيو 2022 / PRNewswire / — منحت Intertek (أو “ (Group”) ، وهي شركة رائدة في مجال ضمان الجودة الشاملة للصناعات في جميع أنحاء العالم، ثلاث شهادات Tick-Mark إلى مكيف الهواء V8 VRF من ميديا (“ V8 VRF”) ، بعد حفل إطلاق المنتج العالمي في دبي.

Tick-Mark هو برنامج Intertek الرائد المستقل والمحايد للتحقق من أداء المنتج والمطالبة به. يوفر البرنامج التحقق المستقل من حيث الجودة والسلامة والأداء والوظيفة والمسؤولية الاجتماعية وموثوقية المنتج، مما يمنح المصنعين والموزعين وتجار التجزئة نقطة تمييز في السوق وراحة البال للمستهلكين بشأن مشترياتهم من المنتجات.

 في حفل الإطلاق، منحت Intertek ثلاث شهادات Tick-Mark إلى V8 VRF ، والتي تغطي موثوقية الهيكل المجانية، والتشغيل المستقر بدرجة حرارة عالية  للغاية وكفاءة الطاقة العالية للغاية، والتي تم التحقق منها جميعًا بشكل احترافي للامتثال لمتطلبات الشهادة.

Mutaz Yahia (left), Regional Certification Manager of Intertek, and Henry Cheng, GM of Midea MBT OSC, attended the certificate awarding ceremony

 قال صني راي، رئيس Intertek للكهرباء والعالم المتصل: “عملت إنترتك بشكل وثيق مع ميديا لسنوات عديدة والتزمت بتقديم خدمات رائدة في هذا المجال، واختبار عالي الجودة وإصدار الشهادات، والمشاركة في تطويرها السريع في مجال التبريد. في المستقبل، سنواصل الاستفادة من حلول ATIC الرائدة والقدرات المهنية وخبرة الخدمة العالمية الواسعة في صناعة التدفئة والتهوية وتكييف الهواء لتعزيز شراكتنا مع ميديا، والعمل معًا بشكل وثيق لدفع ترقيات المنتجات والابتكار في الصناعة “. 

شهادة Tick-Mark للموثوقية العالية للهيكل الطاغي:

كان V8 VRF من ميديا رائدًا في تحقيق سلك غير قطبي ثنائي النواة 0.75 مم 2 بمسافة طويلة للغاية تبلغ 2000 متر واتصال قوي مضاد للتداخل وعالي الموثوقية لـ 150 عقدة في إطار شبكة اتصالات VRF .

شهادة Tick-Mark للتشغيل المستقر بدرجة حرارة عالية للغاية:

يعتمد V8 VRF من ميديا نظام إدارة حرارية جديد وفعال لصندوق تحكم كهربائي مغلق ونظام تحويل تردد تيار مباشر كامل قوي للخصائص المناخية لدرجات الحرارة والرطوبة العالية.

شهادة Tick-Mark لفعالية الطاقة الفائقة:

إن كفاءة الطاقة في MEDIA V8 VRF المقاسة في ظل ظروف العمل في الهواء الطلق 46/24   درجة T3 أعلى بنسبة 40% من الحد الأدنى لكفاءة الطاقة المسموح بها في دولة الإمارات العربية المتحدة.

Midea V8 Tick Mark

أجرت Intertek أيضًا تقييمًا شاملاً لـ V8 VRF فيما يتعلق بمقاومة الأعاصير، ومقاومة الزلازل، ومقاومة التآكل، وجودة الهواء الداخلي. كما كانت النتائج رائدة في الصناعة، مما مكن ميديا من الحصول على شهادة Tick-Mark منفصلة لهذه المعلمات.

نبذة عن تقنيات البناء في ميديا

يعد قسم تقنيات البناء في ميديا أحد قطاعات الأعمال الخمسة الرئيسية في مجموعة ميديا. يركز على بناء المنتجات والخدمات والصناعات ذات الصلة، بناءً على المنصة الرقمية الذكية، واستخدام معدات ومرافق البناء + التكنولوجيا الرقمية + التخطيط البيئي الصناعي، لفتح “تدفق حركة المرور” و “تدفق المعلومات” و “تدفق الشعور” و “تدفق الطاقة” لنظام البناء. إنه يعمل على تمكين صناعة البناء من خلال التكنولوجيا الذكية.

نبذة عن Intertek

Intertek هي شركة رائدة في هذا المجال تضم أكثر من 44000 موظف في 1000 موقع في أكثر من 100 دولة. نحن نقدم خبرة ضمان الجودة الشاملة على مدار 24 ساعة يوميًا طوال أيام الأسبوع من خلال عملياتنا الرابحة في هذا المجال وثقافتنا التي تركز على العملاء.

الصورة – https://mma.prnewswire.com/media/1831348/1.jpg

الصورة – https://mma.prnewswire.com/media/1828597/image_2.jpg