BUSINESS TIMES business-timesmedia.com
iMAS FINANCE: co-operative financial services
October 2023
FERREXPO:
high-grade iron ore pellets
MICROSOFT AFRICA:
PRINCESS MOTOR YACHTS
ACCOR HOTEL GROUP:
BUSINESS TIMES TRAVELLER
Lillian Barnard on female leadership in Africa
exploring their impact in global hospitality
step aboard the all new luxury Y80 motor yacht
our top ten must visit destinations around the world
INSIDE INTEL CEO Patrick Gelsinger talks innovation
INTRODUCTION
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CONTRIBUTORS
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MALVERN KANDEMWA Director of Strategic Partnerships
SAMUEL JOHNSON Social Media Manager
HOWARD BARCLAY Chief Project Director
MIKE ASHLEY Head of Finance & Accounts
EMILY SMITH Senior Project Director
ANN QUINN Head of Production
EDWARD KAYS Project Director
MICHELLE DUNCAN Editor in Chief
JAMES HENNESSEY Project Director
TOM JENKINS Graphic Design
BUSINESS TIMES MAGAZINE OCTOBER 2023
INTRODUCTION
EDITOR’S FOREWORD Welcome to the October issue of Business Times Magazine! where we embark on a journey across continents and dive into the depths of human creativity, innovation, and progress. In these pages, you will find stories that reflect the kaleidoscope of our world— stories that inspire, inform, and celebrate the remarkable tapestry of human achievement. In this issue, we explore how different industry leaders are staying ahead of the curve by embarking on a digital transformation which is no longer an innovation vision but a key strategic imperative.
We have exclusive digital reports with interviews with Accor Hotel Group, New Cold, iMasFinance, Intel, Ferrexpo and many others all involving in-depth discussions with top executives and industry experts. We also look at Ten WORLD Destinations from our Business Times Traveller forum exploring some of the most breathtaking and culturally rich tourist places that our planet has to offer. If you have a business story you wish to share in Business Times Magazine, please contact our Head of Production via production@ business-timesmedia.com business-timesmedia.com
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INTRODUCTION
CONTENTS
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VISIONARY LEADERSHIP LILLIAN BARNARD’S IMPACT AS PRESIDENT OF MICROSOFT AFRICA
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PRINCESS YACHTS PIONEERING EXCELLENCE IN YACHT DESIGN & MANUFACTURING
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BUSINESS TIMESS TRAVELLER 10 MUST-VISIT WORLD DESTINATIONS
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THE FACTORY OF THE FUTURE HOW DISRUPTIVE TECHNOLOGIES & TRENDS SHAPE MANUFACTURING
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INTEL’S COMMITMENT TO US INNOVATION & MANUFACTURING
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ACCOR HOTELS GROUP HOSPITALIY POWERHOUSE
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NEW COLD LEADING THE WAY IN SUSTAINABILITY & PARTNERSHIPS
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INTRODUCTION
CONTENTS 86
IMAS FINANCE A COOPERATIVE LEADER IN FINANCIAL SERVICES
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COMPAGNIE DES BAUXITES DE GUINEE DRIVING MINING EXCELLENCE
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KANSANSHI MINING ZAMBIA UNEARTHING POTENTIAL IN ZAMBIA’S COPPER MINES
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FERREXPO PLC A LEADING PRODUCER OF HIGH-GRADE IRON ORE PELLETS
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GALLIANO GOLD GHANA THE GOLDEN PATH OF LEADERSHIP, INNOVATION & SUSTAINABILITY
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CALIBRE MINING CORP PIONEERING A SUSTAINABLE FUTURE IN NICARAGUA
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GLOBAL AIR CYLINDER WHEELS REVOLUTIONISING MINING WITH INNOVATIVE AIR SUSPENSION TECHNOLOGY
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LEADERSHIP
VISIONARY LEADERSHIP:
LILLIAN BARNARD’S IMPACT AS PRESIDENT OF MICROSOFT AFRICA Project by: Malvern Kandemwa Words by: Michelle Duncan
Lillian Barnard is the president of Microsoft Africa, a role she assumed in May 2023. She is responsible for leading Microsoft’s operations and strategy across the continent, as well as driving the company’s digital transformation ambitions and empowering governments, organisations, and individuals to achieve more. Barnard has a wealth of experience in the ICT industry, having held various leadership positions at IBM, Vodacom, and Microsoft South Africa. She joined Microsoft in May 2017 as the Public Sector Director for South Africa and was appointed as the Managing Director for Microsoft South Africa in March 2019. During her tenure, she delivered innovative
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digital solutions and helped digitally transform the South African government. She also re-ignited the South African chapter of Women@Microsoft and fostered a culture that embraces gender equality in the workplace. Barnard is passionate about the empowerment and advancement of women and has a personal mandate to develop Africa’s next generation of leaders. She is patron of the Dream Girls International Outreach and Mentoring Programme of South Africa. She also serves on the board of the American Chamber of Commerce and the Gauteng Provincial Government 4IR Commission. She is an advisory board member of the Institute for Intel-
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ligent Systems at the University of Johannesburg. As the president of Microsoft Africa, Barnard has a vision for the future that is based on innovation, inclusion, and impact. She believes that technology can be a powerful force for good, and that Microsoft can play a key role in addressing some of the continent’s most pressing challenges, such as poverty, inequality, health, education, and climate change. She also believes that Africa has immense potential to be a global leader in innovation, especially in areas such as artificial intelligence, cloud computing, and internet of things.
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“FOR AFRICA TO FULLY REALISE THE OPPORTUNITIES BROUGHT ABOUT BY DIGITAL TRANSFORMATION AND 4IR, IT IS VITAL WE HAVE STRONG ICT SKILLS.”
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LEADERSHIP
terprise that provides affordable wireless internet access to rural areas in Kenya using TV white spaces technology.
“...CULTURE IS THE BEDROCK OF EVERYTHING WE DO AS A COMPANY.”
To realise this vision, Barnard is focused on building strong partnerships with various stakeholders across the continent, including governments, businesses, civil society, academia, and media. Her contributions to Microsoft Africa have been her unwavering commitment to a future where technology plays a pivotal role in driving economic growth, improving access to education and healthcare, and fostering innovation across the continent. She envisions a digitally inclusive Africa, where technology acts as an enabler of progress, bridging the gap between rural and urban areas, and unlocking the full potential of African talent. She aims to leverage Microsoft’s technology platforms, solutions, and programs to enable digital transformation and create social and economic opportunities for all Africans.
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Some of the key strategic partners that Barnard works with are: African Development Bank: Microsoft and AfDB have partnered to launch the Coding for Employment program, which aims to equip youth across Africa with digital skills and create 9 million jobs by 2030. Liquid Intelligent Technologies: Microsoft and Liquid have collaborated to provide high-speed internet access to underserved communities across Africa through Microsoft’s Airband Initiative. Standard Bank Group: Microsoft and Standard Bank have teamed up to provide cloud-based banking solutions to customers across Africa through Microsoft Azure. Safaricom: Microsoft and Safaricom have joined forces to launch Mawingu Networks, a social en-
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Lillian Barnard’s leadership as the President of Microsoft Africa has been marked by a dedication to innovation, a clear vision for the future, and a commitment to inclusive growth. Her tireless efforts have not only propelled Microsoft’s presence in Africa but have also contributed to the broader goal of advancing technology’s role in shaping the continent’s future. She is committed to making a positive difference in Africa through technology transformation and innovation. Moreover, Lillian has emphasised the importance of inclusive partnerships that empower women and underrepresented groups in technology. This approach aligns with Microsoft’s commitment to diversity and inclusion, ensuring that the benefits of technology are accessible to all. Under her guidance, Microsoft Africa has become a beacon of technological progress, paving the way for a more connected, empowered, and prosperous Africa. She is one of the most influential women in the ICT industry and a role model for many aspiring leaders across the continent
FIND OUT MORE ABOUT MICROSOFT AFRICA MICROSOFT.COM
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YACHTING
PRINCESS YACHTS INTERNATIONAL PLC:
PIONEERING EXCELLENCE IN YACHT DESIGN AND MANUFACTURING Princess Yachts International Plc, a renowned luxury yacht manufacturer, has carved a prominent niche in the industry under the guidance of its dynamic leadership. As of my last knowledge update in September 2021, Antony Sheriff served as the Executive Chairman, steering the company towards new horizons. Sheriff, a visionary leader, has a strong record in the luxury automotive and marine industries. His leadership has been pivotal in driving innovation, sustainability, and global growth for Princess Yachts.
The company has become one of the leading motor yacht builders in Europe and one of the largest boat builders in the UK, focused on the mid to large-size yacht market. Over the years they fostered strategic partnerships to maintain its reputation for excellence. Collaborations with leading luxury brands and suppliers ensure the highest quality in materials, craftsmanship, and design. These partnerships extend to engine manufacturers such as Volvo Penta and MTU, ensuring that Princess Yachts are powered
by innovative technology for optimal performance and efficiency.
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Sustainability is a cornerstone of Princess Yachts’ corporate ethos. The company recognizes the importance of protecting the oceans it sails upon and has committed to reducing its environmental impact. It has implemented various initiatives to reduce its environmental impact, such as using renewable energy sources, recycling waste materials, installing LED lighting and solar panels, and using biodegradable packaging. The company also supports various charitable causes, such as the Ocean Conservation Trust, the Marine Conservation Society, the Blue Marine Foundation, and the Royal National Lifeboat Institution.
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The company is at the forefront of technology transformation in the yachting industry. It has invested in advanced engineering and manufacturing techniques, such as resin infusion, carbon fibre construction, hybrid propulsion systems, and digital control systems. Using advanced software and modelling tools, the company can create highly accurate and precise designs, resulting in superior performance and aesthetics. Additionally, the integration of state-of-the-art navigation and communication systems ensures that their yachts are equipped with the latest technology for an exceptional onboard experience. The company also collaborates
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with leading technology partners, such as Naim Audio, Garmin, LVMH, and Williams Jet Tenders. The company aims to deliver innovative and high-performance yachts that meet the needs and expectations of its customers. Princess Yachts International is renowned for its meticulous attention to detail in yacht design and construction. The company’s design philosophy is based on creating elegant and refined yachts that combine style, quality, and functionality. The company has a dedicated design studio that collaborates closely with naval architects, engineers, craftsmen, and suppliers to cre-
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ate yachts that are both beautiful and practical. The design process combines traditional craftsmanship with cutting-edge technology to produce timeless and elegant vessels. Princess Yachts’ team of highly skilled craftsmen ensures that each yacht reflects the highest standards of quality and luxury. They offer a range of yachts across different classes, such as the M Class (superyachts), the X Class (super flybridge yachts), the Y Class (flybridge yachts), the F Class (sport flybridge yachts), the S Class (sport bridge yachts), the V Class (sport yachts), and the R Class (performance sports yachts). Princess Yachts International Plc is a successful and respected company that has been producing world-class yachts for over 50 years. It is a leader in innovation, design, quality, and customer service. It is a proud ambassador of British craftsmanship and excellence. With its dedication to excellence and innovation, Princess Yachts continues to set new standards in the luxury yacht market.
FIND OUT MORE ABOUT PRINCESS YACHTS INTERNATIONAL PRINCESSYACHTS.COM
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TEN WORLD DESTINATIONS Welcome to the enchanting world of wanderlust of “Ten World Destinations,” we embark on a thrilling journey across the globe, exploring some of the most breathtaking and culturally rich tourist places that our planet has to offer. From the serene shores of remote islands to the bustling streets of ancient cities, this magazine is your passport to a world of adventure and discovery. Business Times Traveller shall highlight some amazing places as we traverse the diverse landscapes and vibrant cultures that make these destinations truly remarkable. Whether you’re a seasoned traveller in search of your next adventure or an armchair explorer looking for inspiration, “Ten World Destinations” promises to ignite your wanderlust and leave you dreaming of far-off places. From iconic landmarks to hidden gems, from culinary delights to historical wonders, let us explore and guide you to the world’s most alluring destinations.
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VICTORIA FALLS, ZIMBABWE Located in Zimbabwe Victoria falls is one of the most iconic and awe-inspiring natural wonders in the world. Renowned for its breathtaking beauty, incredible size, and abundant wildlife. Victoria Falls is one of the largest and most famous waterfalls globally, spanning approximately 1,708 metres (5,604 feet) in width and reaching heights of up to 108 metres (354 feet). The sheer force and volume of water cascading over the falls are truly awe-inspiring. The indigenous name for Victoria Falls is “Mosi-oa-Tunya,” which translates to “The Smoke That Thunders” in the Lozi language. This name aptly describes the incredible sight and sound of the waterfall as the mighty Zambezi River plunges over the cliffs, creating a constant mist and a thunderous roar that can be heard from miles away. “Mosi-oa-Tunya” reflects the awe and reverence with which the local people have regarded this natural wonder for centuries. Zimbabwean culture is rich and diverse, and tourists can engage with local communities, learn about their traditions, and purchase handmade crafts at local markets. The historic Victoria Falls Bridge, which spans the Zambezi River, offers an iconic view of the falls. Visitors can take guided tours of the bridge or even try the thrilling “Bridge Swing” experience. Victoria Falls in Zimbabwe is a captivating destination that combines natural wonder, adventure, culture, and wildlife. It’s a place where travellers can witness the awesome power of nature while enjoying a wide range of thrilling activities and immersive experiences in a pristine environment.
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BALI, INDONESIA Bali, often referred to as the “Island of the Gods,” is a popular tourist destination located in Indonesia. It is renowned for its stunning natural landscapes, rich culture, and vibrant arts scene. Besides amazing sunsets, the island has lush rice terraces, volcanic mountains, pristine beaches, and dense jungles. Iconic spots like Ubud’s rice terraces, Mount Agung, and the coastal cliffs at Uluwatu offer awe-inspiring views making it a diverse and attractive destination for travellers. Bali offers a diverse range of experiences, from relaxation on pristine beaches to exploration of its rich cultural heritage, making it a cherished destination for tourists from around the world.
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PARIS, FRANCE Paris, often referred to as the “City of Light,” is one of the world’s most iconic and beloved tourist destinations. Steeped in history, culture, and romance, Paris offers a wide array of attractions and experiences that captivate visitors from around the globe. The Seine River flows through the heart of Paris, and taking a boat cruise along its waters offers a unique perspective of the city’s landmarks, including the Eiffel Tower, Notre-Dame, and Musée d’Orsay. Sunset cruises are especially enchanting. These architectural marvels showcase the city’s rich history and are must-visit sites for tourists. Paris serves as a gateway to exploring the surrounding countryside, including the Palace of Versailles, the picturesque village of Giverny (home to Claude Monet’s garden), and the historic D-Day landing beaches in Normandy. Paris’s timeless charm, artistic heritage, culinary delights, and romantic ambiance make it a truly exceptional tourist attraction that appeals to a diverse range of interests, from art and history enthusiasts to food lovers and romantics. It’s a city that continues to enchant and inspire travellers of all backgrounds.
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BAN GIOC DETIAN WATERFALLS, VIETNAM Ban Gioc Detian Waterfalls, also known as Ban Gioc Falls, is a breathtaking natural wonder located on the border between Vietnam and China. It is often considered one of the most picturesque waterfalls in Southeast Asia and has become a popular tourist attraction for its stunning beauty and serene surroundings. Ban Gioc Detian Waterfalls is a collection of cascading waterfalls surrounded by lush greenery and karst limestone formations. The falls are particularly impressive during the rainy season when the water flow is at its peak, creating a mesmerising sight. This hidden gem offers visitors a chance to connect with nature, witness a unique bi-national attraction, and experience the cultural richness of the region. It’s a must-visit destination for travellers seeking both natural beauty and cultural immersion in northern Vietnam.
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THE TAJ MAHAL, INDIA The Taj Mahal, located in Agra, India, is one of the world’s most famous and cherished tourist attractions. This iconic white marble mausoleum is renowned for its architectural beauty, historical significance, and romantic allure. Many visitors are drawn to the Taj Mahal at sunrise and sunset when the soft, golden light bathes the monument in an ethereal glow. These times provide excellent photo opportunities and a serene atmosphere. Up close, the Taj Mahal reveals a world of intricate details in its marble carvings and gemstone inlays. Visitors can admire the calligraphy, floral motifs, and geometric patterns that adorn the walls and interiors. Visitors can explore the local markets in Agra, where artisans create exquisite marble handicrafts and intricate jewellery. Agra is also known for its delicious cuisine, including Mughlai dishes like biryani and kebabs. The Taj Mahal is not just an architectural marvel; it’s a symbol of love, an enduring testament to human craftsmanship, and a place of cultural and historical significance. It continues to captivate the hearts and imaginations of people from around the world and remains an essential destination for anyone visiting India.
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BAZARUTO ARCHIPELAGO, MOZAMBIQUE The Bazaruto Archipelago in Mozambique is a group of islands located off the country’s southeastern coast in the Indian Ocean. This stunning tropical paradise is renowned for its natural beauty, pristine beaches, diverse marine life, and luxury resorts, making it a sought-after tourist attraction. Its postcard-perfect, powdery white sandy beaches that stretch for miles along the crystal-clear turquoise waters of the Indian Ocean. Visitors can relax on these unspoiled shores, swim, sunbathe, or take leisurely strolls along the coastline. The archipelago is a haven for marine life enthusiasts and divers. The surrounding waters are teeming with vibrant coral reefs, making it a prime spot for snorkelling and scuba diving. Tourists have the chance to encounter a rich variety of marine species, including colourful fish, dolphins, turtles, and even whale sharks. Travellers can also immerse themselves in the local culture by visiting fishing villages on the islands. This provides an opportunity to interact with the friendly local communities, learn about their traditional way of life, and savour fresh seafood dishes. Bazaruto Archipelago is a tropical paradise that combines natural beauty, marine adventure, luxury accommodations, and cultural experiences. It appeals to travellers looking for an idyllic getaway where they can relax, explore, and connect with the stunning environment and local culture.
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MT KILIMANJARO, TANZANIA Mount Kilimanjaro, located in Tanzania, is Africa’s highest peak and one of the world’s most iconic and sought-after tourist attractions. It’s not only a challenging climb for adventurers but also a remarkable natural wonder surrounded by diverse ecosystems and cultures. It rises majestically from the African plains to an elevation of 19,341 feet (5,895 metres) above sea level, making it the tallest freestanding mountain on Earth. The snow-capped peak is a breathtaking sight. Known as the “Roof of Africa,” Kilimanjaro is an iconic symbol of the continent and has been designated a UNESCO World Heritage Site. Climbing Kilimanjaro is a bucket-list adventure for many. The mountain offers several different routes of varying difficulty, including the Marangu, Machame, Lemosho, and Rongai routes. These treks cater to hikers of different skill levels and preferences, making it accessible to a wide range of climbers. Climbers who reach the summit at Uhuru Peak are rewarded with an awe-inspiring sunrise view from the highest point in Africa. It’s a truly magical experience. Mount Kilimanjaro is more than just a mountain; it’s an incredible adventure, a cultural experience, and a natural wonder all rolled into one. Whether you’re an experienced climber seeking a challenging ascent or an adventurer looking to explore diverse landscapes and cultures, Kilimanjaro offers a truly unforgettable journey.
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THE SERENGETI, TANZANIA & KENYA The Serengeti is synonymous with some of the most spectacular wildlife safaris on the African continent. It is renowned for its remarkable biodiversity and is one of the best places in the world to witness the “Big Five” – lions, elephants, leopards, buffalo, and rhinoceros. The park is also home to countless other animal species, including cheetahs, giraffes, zebras, wildebeests, and numerous bird species. The Serengeti is the stage for the annual Great Migration, one of the most impressive natural spectacles on Earth. Millions of wildebeests, zebras, and other herbivores migrate in search of fresh grazing lands, making for an awe-inspiring wildlife spectacle. This migration occurs in both the Serengeti and the Maasai Mara in Kenya. The park’s vast savannahs and endless grasslands provide unparalleled opportunities for wildlife viewing. The open landscapes make it easier to spot animals and observe their natural behaviours. For a unique perspective, visitors can take hot air balloon safaris over the Serengeti, offering a bird’s-eye view of the expansive wilderness and its inhabitants. Travellers can experience the Serengeti in style, with luxury lodges and tented camps offering comfortable accommodations, fine dining, and expert guides who can tailor safaris to individual preferences. Its incredible biodiversity, stunning landscapes, and unique cultural experiences make it an unforgettable tourist attraction, offering a glimpse into the untamed beauty of Africa’s wilderness.
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THE GREAT WALL, CHINA The Great Wall of China is one of the world’s most iconic and awe-inspiring tourist attractions. It is an ancient marvel of engineering and a symbol of China’s rich history and culture steeped in history, dating back over 2,000 years. It was originally built to protect Chinese states and empires from invasions by nomadic tribes and played a crucial role in shaping the nation’s history. The Great Wall is not a single continuous structure but a series of sections, each with its unique character and history. Some of the most popular sections for tourists include Badaling, Mutianyu, Jinshanling, and Simatai. Each section offers a different experience, from well-preserved stretches to more rugged and remote areas. Many sections of the wall have museums and information centres that provide insights into its construction and historical significance. Hiking the Great Wall can be an exhilarating adventure. Some sections feature challenging terrain, steep staircases, and watchtowers, making it a thrilling experience for adventure seekers. The Great Wall of China is not just a physical barrier; it’s a testament to human history, culture, and engineering prowess. Visiting this iconic wonder is an unforgettable experience that offers a glimpse into China’s remarkable past while providing breathtaking natural beauty and outdoor adventures.
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MUSEUM OF THE FUTURE, DUBAI The Museum of the Future in Dubai is a groundbreaking and futuristic attraction that offers visitors a unique and immersive experience at the intersection of technology, science, and innovation. The Museum of the Future is an architectural masterpiece itself. Its design features a gleaming silver torus (ring-shaped structure) with intricate patterns and Arabic calligraphy etched into its facade, making it a stunning addition to Dubai’s skyline. It showcases cutting-edge technologies and innovations that provide a glimpse into the future of various industries, including artificial intelligence, robotics, sustainable energy, and space exploration. Visitors can explore interactive exhibits that illustrate how these advancements will shape our world. Sustainability is a central theme of the Museum of the Future. The building itself incorporates sustainable design principles, and many exhibits focus on environmentally friendly technologies and solutions to global challenges. The Museum of the Future in Dubai is not only a technological marvel but also a platform for learning, inspiration, and dialogue about the exciting possibilities that lie ahead. It provides tourists with a glimpse into the future while celebrating the cultural and technological advancements that make Dubai a global hub for innovation and progress.
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NEWS
THE FACTORY OF THE FUTURE HOW DISRUPTIVE TECHNOLOGIES AND MEGATRENDS WILL SHAPE MANUFACTURING
Project by: Malvern Kandemwa Words by: Michelle Duncan The Factory of the Future is a concept that envisions the integration of advanced technologies and intelligent systems to revolutionise traditional manufacturing processes. It represents a shift towards automation, digitalization, and connectivity, creating a highly efficient and flexible production environment. One of the key aspects of the Factory of the Future is the extensive use of smart machines and robotics. These machines are equipped
with sensors, actuators, and artificial intelligence (AI) capabilities to perform tasks with a high level of precision and autonomy. They can work alongside human workers, assisting them in repetitive or dangerous tasks, ultimately increasing productivity and ensuring worker safety. Another important element of the Factory of the Future is the integration of digital technologies throughout the production process. This includes the use of data analytics, the Internet of Things (IoT), and cloud computing to gather and analyse data in real-time, optimise operations, and make informed decisions. By leveraging these technologies, manufac-
turers can gain valuable insights into their processes, identify areas of improvement, and streamline their overall operationThe growth of disruptive technologies and the emergence of megatrends is having a huge impact on shaping the world of manufacturing. Software, consumer expectations and technological capabilities are all factors that are changing what it means to be a manufacturer in the 21st century. Not only do these evolutions have a profound effect on business models, but it is having a mammoth impact on factories and what they need to be able to do. The industry is now focusing more on the factory of the future.
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SIEMENS ELECTRONICS WORKS, GERMANY The Siemens Electronics Works in Amberg, Germany is a smart factory that uses digital technologies to produce electronic components with a near-zero defect rate. The factory has more than 1,000 automated machines and robots that communicate with each other and with the products through radio frequency identification (RFID) tags. The factory can also adapt to changing customer orders and optimise its production processes in real time.
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NEWS
ADIDAS SPEED FACTORY, GERMANY The Adidas Speed factory in Ansbach, Germany is a highly automated and flexible factory that can produce customised shoes in a matter of hours. The factory uses 3D printing, robotic arms, and computerised knitting to create shoes that match the individual preferences and needs of customers. The factory can also respond to changing market trends and reduce its environmental impact by using less energy and materials.
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HALER SMART HOME EXPERIENCE CENTRE, CHINA The Haier Smart Home Experience Centre in Qingdao, China is a showcase of how smart home appliances can be integrated with the internet of things (IoT) and artificial intelligence (AI) to create personalised and convenient living experiences. The centre features smart refrigerators, washing machines, air conditioners, and other appliances that can be controlled by voice, gesture, or mobile app. The centre also demonstrates how Haier can use big data and cloud computing to improve its product design, quality, and service.
PROCTER & GAMBLE PLANT, CZECH REPUBLIC The Procter & Gamble plant in Rakona in the Czech Republic has transformed its production of dishwashing liquids and fabric enhancers by engaging 100% of its staff in digital innovation. The plant uses analytics, smart robotics, and additive manufacturing to optimise its operations and reduce waste.
BOSTON CONSULTING GROUP’S FACTORY OF THE FUTURE CONCEPT The Boston Consulting Group’s Factory of the Future concept involves three dimensions of improvement: plant structure, plant digitization, and plant processes. The concept aims to create a networked, agile, and adaptable factory that can respond to changing customer needs and market conditions.
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FEATURE
INTEL’S COMMITMENT TO U.S. INNOVATION & MANUFACTURING Project by: Malvern Kandemwa Words by: Michelle Duncan
PAT GELSINGER IS THE CEO OF INTEL CORPORATION, THE WORLD’S LARGEST SEMICONDUCTOR COMPANY AND A LEADER IN INNOVATION AND MANUFACTURING. HE HAS A LONG AND DISTINGUISHED CAREER IN THE TECHNOLOGY INDUSTRY, SPANNING OVER FOUR DECADES AND MULTIPLE ROLES. GELSINGER STARTED HIS CAREER AT INTEL IN 1979, WHEN HE WAS ONLY 18 YEARS OLD. HE QUICKLY ROSE THROUGH THE RANKS AND BECAME THE CHIEF ARCHITECT OF THE I486 PROCESSOR, ONE OF THE MOST SUCCESSFUL PRODUCTS IN INTEL’S HISTORY. HE ALSO LED THE DEVELOPMENT OF KEY TECHNOLOGIES SUCH AS USB, WI-FI, INTEL CORE, AND INTEL XEON PROCESSORS. HE WAS THE FIRST CHIEF TECHNOLOGY OFFICER OF INTEL AND THE YOUNGEST VICE PRESIDENT IN THE COMPANY’S HISTORY.
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INTEL IN NUMBERS ESTABLISHED IN
1968
$63
BILLION USD INTEL’S GLOBAL REVENUE 2022
$16.5
BILLION USD INTEL’S US REVENUE 2022
$8
BILLION USD INTEL’S GLOBAL NET INCOME 2022
132,000 EMPLOYEES WORLDWIDE
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In 2021, Gelsinger returned to Intel as its CEO, with a mission to restore the company’s technological leadership, innovation, and culture. He announced a new strategy called IDM 2.0, which combines Intel’s strengths in design and manufacturing with increased use of external foundries and partnerships. He also unveiled several major initiatives, including a $20 billion investment in two new US chip
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making facilities, a new business unit called Intel Foundry Services that will offer chip manufacturing services to other companies, and a collaboration with IBM on research and development. Intel is one of the world’s largest and most valuable semiconductor chip makers, generating $63 billion in global annual revenue in 2022. The company has been
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a leader in the semiconductor industry for decades, designing and manufacturing sophisticated processors and chipsets that power the world’s computers, servers, smartphones, and other devices. Intel has also been a pioneer in developing key technology inflections that are fundamentally changing computing and communications, such as artificial intelligence (AI), 5G network
transformation, and the rise of the intelligent edge. However, Intel has also faced some challenges in recent years, such as delays in producing its next-generation chips, losing market share to rival companies, and missing the mobile revolution. To overcome these difficulties and regain its competitive edge, Intel has announced a bold
strategy to invest $20 billion in building two new chip factories in Ohio, as part of its broader plan to expand its U.S. manufacturing capacity and become a foundry service provider for other chip designers. This move reflects Intel’s commitment to U.S. innovation and manufacturing, as well as its response to the global chip shortage that has affected various industries and sectors.
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SEMICONDUCTORS ON THE GLOBAL STAGE
Intel will spend $20bn on US chip factory to challenge Asia
Semiconductors are the backbone of modern technology. They are essential to all aspects of modern life, power everything from smartphones, laptops to data centres and aviation to automobile manufacturing. In an increasingly interconnected world, semiconductors play a pivotal role in driving economic growth, enabling digital transformation, and enhancing national security. They enable faster, smarter, and more efficient devices and systems that can process substantial amounts of data, connect people and things, and perform complex tasks. Semiconductors are also critical to the national security and economic competitiveness of countries, as they underpin the development of emerging technologies such as AI, 5G, quantum computing, and biotechnology. The global semiconductor market is expected to reach $583.5 billion by 2024 driven by the growing demand for chips in various applications and domains. However, the market is also facing some challenges, such
as supply chain disruptions, trade tensions, geopolitical risks, and technological gaps. Therefore, it is important for semiconductor companies to invest in innovation, research and development, and manufacturing capabilities to meet the current and future
needs of customers and society. Intel’s strategy to build new chip factories in the U.S. is not only a significant investment in its own future growth and differentiation, but also a contribution to the U.S. semiconductor ecosystem and
Mockup of Intel’s next landmark US factory in Ohio
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the global semiconductor industry. By increasing its domestic production capacity, Intel can reduce its reliance on foreign suppliers, improve its operational efficiency and flexibility, enhance its product quality and performance, and offer more choices and value to its customers. By becoming a foundry service provider, Intel can also leverage its technology leadership and expertise to help other chip designers realise their visions and innovations.
US President Joe Biden inaugurates new Ohio plant As the demand for semiconductors grows exponentially, so does the need for reliable supply chains, cutting-edge innovation, and skilled talent. Gelsinger is committed to making Intel a leader in all these aspects, while also supporting the broader semiconductor ecosystem in the US and around the world. He advocates for policies and investments that will strengthen the domestic semiconductor industry, such as the CHIPS for America Act, which provides incentives for chip manufacturing and research in the US. He also supports initiatives that will foster collaboration and trust among allies and partners in the semiconductor space.
Intel’s new chip factories will also create thousands of jobs for American workers, support local communities and businesses, and stimulate economic activity and development. Moreover, Intel’s initiative will help advance the U.S. leadership in semiconductor technology and innovation, which is vital for maintaining the U.S. edge in strategic domains such as defence, intelligence, health care, energy, and education.
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INTEL’S SUSTAINED INNOVATION AND PARTNERSHIPS:
Increasing the production capacity of existing and new chip factories, especially for older and less advanced chips that are in high demand for various applications. For example, Intel will spend $20 billion on two new chip plants in Ohio, Taiwan Semiconductor will invest in several new chip-making factories in the US by 20244, and Samsung will announce plans for a $17 billion new factory.
The global semiconductor industry is highly competitive, with countries around the world vying for leadership. Intel’s commitment to U.S. innovation and manufacturing is not only about economic advantages but also about maintaining a strategic edge in critical technologies. Semiconductors have become a strategic asset, and the ability to design and manufacture them domestically is vital for national security and technological leadership. The current chip shortage is a global problem that affects different industries in several ways, such as the automotive, GPU, and game console industries. The shortage is caused by a combination of factors, such as the COVID-19 pandemic, supply chain disruptions, trade tensions, geopolitical risks, and technological gaps. To address the chip shortage, some of the actions that are being taken or planned are:
Diversifying the supply chain and reducing the reliance on foreign suppliers, especially for critical and strategic chips. For example, the US passed the CHIPS Act in 2022 to provide $50 billion in funding for domestic semiconductor research and manufacturing, and the EU is considering a similar initiative to boost its chip industry.
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Innovating and developing modern technologies and solutions that can overcome the technological challenges and gaps in the semiconductor industry. For example, some chipmakers are exploring new materials, architectures, and designs that can improve the performance, efficiency, and scalability of chips.
This shortage is expected to last until 2024, depending on the recovery of the supply chain and demand of the market. Therefore, it is important for the affected industries to find ways to cope with the challenge and prepare for the future.
Adapting and optimising the product design and features to use available chips or alternative components. For example, some automakers have removed nonessential features or minimised product customization to cope with the chip shortage.
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Pat Gelsinger’s leadership and his vision for Intel Corporation represents a continuation of the company’s rich history of innovation and commitment to U.S. manufacturing. Intel’s investments in semiconductor manufacturing facilities in the United States are a testament to the importance of domestic semiconductor production in maintaining technological leadership and national security. Intel’s role in the semiconductor industry remains pivotal, shaping the future of innovation and the global technology landscape. The company has helped create Silicon Valley and shape the history of computing. As the world enters a new era of data -centric computing driven technology inflections such as AI, 5G and the intelligent edge, intel is once again demonstrating its vision and ambition to lead the future of technology by investing $20 billion in building two new chips factories in Ohio. This is not only a bold move on American manufacturing but also a significant step towards fulfilling Intel’s mission: creating world changing technology that enriches the lives of every person on Earth.
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HOSPITALITY POWERHOUSE:
EXPLORING THE SUCCESS AND IMPACT OF ACCOR HOTELS GROUP Project by: Malvern Kandemwa Words by: Michelle Duncan
The world of hospitality has witnessed a transformative journey led by Accor Hotels Group, a global powerhouse renowned for its commitment to unparalleled guest experiences, innovative of-
ferings, and an expansive portfolio of hotels that span continents. With a presence in over 110 countries, Accor’s diverse range of properties caters to various tastes, needs, and lifestyles. Accor’s portfolio is a kaleidoscope of hospitality, catering to every type of traveller. From luxury to economy, boutique to business, the group offers a spectrum of brands that resonate with the unique preferences of guests.
The iconic Fairmont, Sofitel, and Raffles brands deliver opulent luxury experiences, while the Novotel and Mercure brands cater to those seeking comfort and convenience. Ibis, Accor’s economy brand, exemplifies affordability without compromising on quality. This diversity showcases Accor’s commitment to inclusivity and its endeavour to make hospitality accessible to all.
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Driving positive outcomes for people, businesses and the planet Helping hotels around the world create clean and safe spaces, responsibly Comprehensive, science-based solutions that span hotel operations:
CLEAN Helping to deliver positive experiences through clean, healthy spaces
•
Warewashing and kitchen hygiene
•
Food safety
•
Housekeeping
PROTECT
•
Floor and carpet care
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On-premise laundry
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Pool and spa
Helping to protect people, resources, assets and your business health
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Water solutions
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Pest elimination
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Quality assurance audits
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On-site, hands-on and digital training
Ecolab.com/Hotels 1 800 35 CLEAN
© 2023 Ecolab USA Inc. All rights reserved.
OPTIMIZE Helping you achieve a higher level of productivity and efficiency
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One of the key drivers of Accor Hotels Group’s success and sustainability is its procurement function, led by Sebastien Brunel, the global Chief Procurement Officer. Brunel has 25 years of experience in the hospitality business, with 20 years in procurement. He has held various procurement roles in different regions and markets, including the UK, the US, Brazil, France, and Canada. He has been the global CPO since 2019, based in Paris. Brunel oversees a team of more than 180 procurement professionals around the world, who manage the sourcing and purchasing of goods and services for Accor Hotels Group’s operations. His main objectives are to optimise costs, quality and value for the group and its stakeholders, while also ensuring compliance, risk management and sustainability across the supply chain.
Sebastien Brunel, Global Chief Procurement Officer, Accor Hotel Group
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Brunel believes that procurement is not only a strategic function that contributes to the group’s performance and competitiveness, but also a catalyst for innovation and transformation. He has been instrumental in implementing several initiatives that have enhanced the procurement function’s capabilities and impact, such as: Developing a digital procurement platform that leverages data analytics, artificial intelligence, and automation to streamline processes, improve efficiency and transparency, and generate insights and savings. Launching a group purchasing program that leverages the collective buying power of Accor Hotels Group’s properties to negotiate better prices and terms with suppliers, while also offering them access to preferred products and services. Establishing a sustainable procurement policy that sets clear standards and expectations for suppliers on environmental, social and governance (ESG) criteria, such as reducing carbon emissions, waste, and water consumption, promoting human rights and diversity, and supporting local communities. Creating a procurement academy that provides training and development opportunities for procurement staff and stakeholders, as well as fostering a culture of collaboration, learning and innovation.
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Brunel is also passionate about leading by example and inspiring others to embrace sustainability and innovation in their daily work. He is actively involved in several industry associations and networks that promote best practices and knowledge sharing in procurement and hospitality. He is also a mentor for young talents and entrepreneurs who have innovative ideas or solutions for the hospitality sector. Brunel’s vision is to make Accor Hotels Group’s procurement function a world-class leader in sustainable and innovative hospitality. He believes that by working together with suppliers, partners, customers and employees, procurement can make a positive difference for the group’s business, brand, and reputation, as well as for the planet and its people.
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PROCUREMENT IS NOT ONLY A STRATEGIC FUNCTION THAT CONTRIBUTES TO THE GROUP’S PERFORMANCE AND COMPETITIVENESS, BUT ALSO A CATALYST FOR INNOVATION AND TRANSFORMATION.
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Driving clean, healthy spaces around the world Since 1923, Ecolab has been known
ing water and energy use and waste
Our 47,000 associates are the key to
for
sci-
while improving employee safety and
our ability to deliver quality results for
ence-driven innovation, unmatched
its
relentless
pursuit
of
delighting customers. Service spe-
customers. Around the world, 25,000
service, and enduring commitment
cialists partner with property man-
well-trained sales and service asso-
to protect people and resources vital
agers to provide on-site training on
ciates make up one of the industry’s
to life. Ecolab has over 47,000 associ-
procedures and implement solutions.
largest direct sales-and-service force,
ates in more than 170 countries work-
Together we are committed to ele-
and approximately 1,100 scientists,
ing to help advance food safety, main-
vating sustainable initiatives without
engineers and technical specialists
tain clean and safe environments,
compromising business outcomes.
bring broad expertise in critical core
optimize water and energy use, and
This commitment is evident through
technologies, including antimicrobi-
improve operational efficiencies for
industry recognition, our sustainabil-
als, dispensing and monitoring, per-
customers around the world.
ity goals, smart water use solutions,
sonal and environmental hygiene,
and the way we do business internally
polymers, surfactants, solid chemistry
Innovation that leads to impact:
and with our customers. In 2022, Eco-
and water management solutions.
We are forward-looking innovators
lab was recognized by several leading
who are always looking for ways to
organizations for our commitment to
Our comprehensive hotel program
produce positive outcomes for peo-
operating responsibly and sustain-
includes:
ple, businesses and the planet. Cus-
ably. We earned a Platinum ranking
•
tomers have come to expect us to de-
with EcoVadis, leadership-level rank-
velop innovations that help improve
ings from CDP—an A- ranking for
•
Food safety
their operations, reduce business risk
both Climate Change and Water Se-
•
Housekeeping
and lead the industry. Over the years,
curity submissions—and are ranked
•
Floor and carpet care
our products, programs and services
33 in Corporate Knights’ 100 Most Sus-
•
On-premise laundry
have helped customers:
tainable Corporations in the World.1
•
Pool and spa
•
Water solutions
Warewashing and kitchen hygiene
•
Maximize operational efficiency
Ecolab has ambitious 2030 sustain-
•
Pest elimination
•
Meet public health and food
ability goals2 that we are working to
•
Quality assurance audits
safety requirements
accelerate progress against in our op-
•
On-site, hands-on and digital
Improve safety for employees
erations and with our customers. We
•
training
and customers
measure the impact of our solutions,
•
Drive guest satisfaction
helping customers quantify their re-
Ecolab is committed to helping ho-
•
Improve labor efficiency
turn on investment and track oper-
tels around the world realize im-
•
Reduce water and energy use
ational improvements and progress
pactful sustainability benefits while
and waste
across a range of performance goals.
delivering on the performance and
•
Extend the life of assets
operational needs of its hotel owners. Driving clean, healthy spaces
Advancing sustainable hotel oper-
around the world
ations:
Our comprehensive cleaning and dis-
Like Accor, Ecolab is committed to
infecting solutions, combined with
shaping a more sustainable future.
unparalleled personalized service and
We are proud to partner with ho-
expert training, make Ecolab a go-to
tel owners around the world to help
resource for all hotel cleaning needs,
deliver operational savings by reduc-
from the basement to the rooftop.
1 - https://www.ecolab.com/media-center/awards-and-recognition 2 - www.ecolab.com/corporate-responsibility/2030-impact-goals
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TECHNOLOGY TRANSFORMATION AND LEADERSHIP: In the digital age, technology transformation is critical for the success of any hospitality company. Guided by Sebastien Brunel’s visionary leadership, Accor Hotels Group has undergone a comprehensive digital transformation. Leveraging emerging technologies, the company has implemented innovative solutions to enhance guest experi-
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ences, improve operational efficiency, and stay ahead of market trends. Investing in its digital transformation to enhance its customer experience, loyalty, and satisfaction, as well as its operational efficiency, agility, and innovation. Accor Hotels Group has created a digital hub that brings together experts from various fields, such as data, e-commerce, marketing, and technology, to develop and implement digital solutions
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for the group and its stakeholders. Accor Hotels Group has also partnered with Microsoft to use its cloud and artificial intelligence capabilities to create a new digital platform that will offer personalised and seamless services to its customers across all touchpoints. From implementing mobile check-in and keyless room entry to utilising data analytics for personalised guest recommendations, Brunel’s leadership has positioned Accor as a technology-driven industry frontrunner.
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SUSTAINABILITY: As sustainability becomes increasingly important in the hospitality sector, Sebastien Brunel recognizes the role that Accor Hotels Group plays in driving positive environmental and social change. Under his direction, Accor has set ambitious sustainability goals through their Planet 21 programs. This covers four pillars: working with its employees, involving its customers, innovating with its partners, and working with local communities. By focusing on areas such as water and energy conservation, waste reduction, and community engagement, Brunel is spearheading Accor’s commitment to sustainable practices throughout its operations. By collaborating with suppliers and implementing sustainable procurement processes, Accor aims to create a more responsible and eco-friendly hospitality industry.
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INFRASTRUCTURE ENHANCEMENT: BUILDING FOR THE FUTURE Sebastien Brunel’s vision extends beyond day-to-day operations. Recognizing the importance of infrastructure, Accor Hotels Group has embarked on an ambitious journey of property renovations and new constructions. These efforts not only enhance guest experiences but also align with the group’s commitment to sustainability. Energy-efficient buildings, green spaces, and innovative designs are shaping the future of hospitality infrastructure. Accor aims to open more than 300 properties by the end of 2023, with a stable pipeline of more than 1,200 projects and 214,000 rooms in the works. Accor has a strong presence in Europe, China, and the Middle East, and is expanding its footprint in North America and other regions. Accor also launched a new luxury brand, Emblems Collection, and signed the first two Orient Express destinations in the world in 2021. Accor also provides a clear infrastructure to help owners and operators bring tech ideas to corporate teams where many other brands lack a key direct channel from local ownership and management groups into corporate tech decision making. They can also help secure hotel projects at each step of their life cycle, from design to construction to renovation. Accor combines global experience with local knowledge and provides tailored
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solutions for building conversion, new build, takeover, or refurbishment projects. Accor also ensures that its hotel projects comply with its environmental, social and governance (ESG) commitments and standards. Brunel ensures that Accor’s hotels have access to high-quality products and services that meet the brand’s standards. He leads the implementation of comprehensive procurement strategies, focusing on cost optimization, risk management, and supplier collaboration. By leveraging economies of scale and enhancing supply chain transparency, Accor can provide consistent experiences to guests globally. Sebastien Brunel’s role as Chief Procurement Officer of Accor Hotels Group is instrumental in driving excellence in the company’s day-to-day operations. His leadership in technology transformation, sustainability initiatives, and procurement and supply chain management has positioned Accor as a leader in the hospitality industry. Under Brunel’s guidance, Accor continues to enhance operational efficiency, improve guest experiences, and drive sustainable practices. As the industry evolves, Sebastien Brunel’s strategic vision and expertise will be pivotal in ensuring Accor remains at the forefront of the global hospitality landscape.
FIND OUT MORE ABOUT ACCOR HOTELS ACCOR.COM
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COLD BUSINESS-TIMESMEDIA.COM
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NEW COLD:
LEADING THE WAY IN SUSTAINABILITY, PARTNERSHIPS AND TECHNOLOGY INNOVATIONS Project by: Malvern Kandemwa Words by: Michelle Duncan
WHEN IT COMES TO COLD STORAGE AND SUPPLY CHAIN LOGISTICS, NEWCOLD IS A NAME THAT STANDS OUT FROM THE REST. THIS IS A COMPANY THAT SPECIALISES IN AUTOMATED COLD STORAGE AND COLD CHAIN LOGISTICS, OFFERING INNOVATIVE SOLUTIONS FOR FROZEN FOOD PRODUCERS AND DISTRIBUTORS AROUND THE WORLD. FOUNDED IN 2012 BY BRAM HAGE, NEWCOLD HAS GROWN INTO ONE OF THE LARGEST AND FASTEST GROWING COMPANIES IN ITS SECTOR, WITH 15 LOCATIONS ACROSS THREE CONTINENTS, OVER 1,600 EMPLOYEES, AND MORE THAN 1.1 MILLION PALLET POSITIONS. WITH A GLOBAL PRESENCE AND A COMMITMENT TO SUSTAINABILITY, THIS INNOVATIVE COMPANY HAS REVOLUTIONISED THE INDUSTRY WITH ITS ULTRAMODERN FACILITIES, INNOVATIVE TECHNOLOGY, AND FORWARD-THINKING PARTNERSHIPS.
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er-centricity and sustainability. “When I looked at NewCold, I was blown away by the vision and ambition of its founder, Bram Hage, who had a clear idea of how to disrupt the cold storage industry with automation and data,” he says. “I also saw a great opportunity to leverage my experience in digital transformation and customer service to help NewCold grow and scale globally.” Today, NewCold operates 10 stateof-the-art facilities across Europe, Australia, and North America, serving customers in various sectors such as food manufacturing, retail, and foodservice. Under his leadership, NewCold has received many awards and recognition for its innovative and sustainable approach to the cold chain industry. In 2020, NewCold won the International Association of Refrigerated Warehouses (IARW) Global Cold Chain Alliance (GCCA) Innovation Award for its automated pallet handling system.
LEADERSHIP At the helm of this success story is Abhy Maharaj, who joined NewCold as its global chief commercial officer and chief operating officer in July 2019. Maharaj is responsible for driving the company’s growth strategy, customer relationships, operational excellence, and innovation across all markets. Maharaj brings with him a wealth of experience and expertise in various sectors, including aviation, dairy, and technology. He started his career as a manager of
investor relations at Air New Zealand, where he helped to communicate the airline’s strategy and performance to shareholders and analysts. He then moved to Fonterra, the world’s largest dairy exporter, where he held several senior roles, including group general manager of investor relations, global head of digital transformation, and managing director of global ingredients. Maharaj says he was attracted to NewCold by its unique business model, which combines innovative technology with customNewCold founder, Bram Hage, opening a new warehouse in Italy
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“When I looked at NewCold I was blown away by the vision and ambition of its founder, Bram Hage, who had a clear idea of how to disrupt the cold storage industry with automation and data...” Abhy Maharaj, Global Chief Commercial Officer Chief Operating Officer
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SUSTAINABILITY EFFORTS Another core pillar of NewCold’s strategy is sustainability, which Maharaj says is embedded in everything the company does. “Sustainability is not just a buzzword for us, it’s a responsibility and an opportunity,” he says. “We believe that by being sustainable, we can create positive impacts for our customers, our employees, our communities, and our planet.” One of the ways that NewCold demonstrates its commitment to sustainability is by reducing its environmental footprint through energy efficiency and renewable energy sources. The company designs its warehouses to minimise heat loss and maximise natural light, and uses advanced insulation materials and refrigeration systems that reduce energy consumption by up to 50% compared to conventional cold storage facilities. The company’s automated storage and retrieval systems (ASRS) are designed to minimise energy consumption and reduce the carbon footprint of its operations. NewCold is committed to reducing its environmental impact and has implemented several initiatives to achieve this goal. One of the ways they are doing this is through their facilities, which are designed to be energy-efficient and sustainable. For example, they use natural refrigerants, LED lighting, and advanced insulation systems to reduce energy consumption and greenhouse gas emissions. Additionally, their automated systems and robotic technology help to minimise
waste and reduce the need for human labour.
tions that help reduce waste and improve efficiency.
Another way that NewCold is promoting sustainability is through their partnerships with like-minded companies. They collaborate closely with their customers to develop sustainable supply chain solutions, such as reducing transportation miles and using renewable energy sources. They also partner with technology providers to develop innovative solu-
NewCold also invests in solar panels and wind turbines to generate clean energy for its operations. For example, its warehouse in Wakefield, UK, has a rooftop solar farm that can produce up to 1.5 megawatts of electricity per year, enough to power 400 homes. The warehouse also has a wind turbine that can generate up to 2 megawatts of electricity.
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KEY STRATEGIC PARTNERSHIPS NewCold’s success is in part due to its strong partnerships with companies across the supply chain. They collaborate closely with their customers to develop customised solutions that meet their unique needs. This includes everything from managing inventory to perfecting transport routes. They also partner with logistics providers to ensure that
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goods are transported in the most efficient and sustainable way possible. They have set up strong relationships with some of the world’s leading f rozen food companies, such as McCain, Unilever, Froneri, Lamb Weston Meijer, and General Mills. These companies trust NewCold to store and distribute their products with the highest standards of quality and efficiency.
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Also partnering with other industry players to support its growth and innovation. For example, NewCold has a long-term partnership with Westport Capital Partners, a private real estate investment firm that supplies capital and strategic guidance to NewCold. NewCold also recently formed a joint venture with Global Metal Construction (GMC), a warehousing specialist based in China, to expand its presence in the Asian market.
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In addition to partnerships with customers and logistics providers, NewCold also collaborates with technology companies. They are always looking for innovative solutions to improve their operations and better serve their customers. For example, they use automation and robotics to increase efficiency and reduce errors. They also use data analytics and artificial intelligence to optimise inventory management and transport routes.
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TECHNOLOGY INNOVATIONS AND TRANSFORMATION One of the key differentiators of NewCold is its use of technology to optimise every aspect of its operations, from warehouse design and construction to inventory management and transport planning. The company uses warehouse management software (WMS) developed by Davanti Warehousing, which delivers a cloud-based solution that integrates seamlessly with NewCold’s automated systems and equipment. The WMS enables NewCold to achieve prominent levels of efficiency, accuracy, safety, and traceability in its warehouses, which are 80-90% automated and can store up to 200,000 pallets at temperatures as low as -23°C. The WMS also allows NewCold to supply real-time visibility and control to its cus-
tomers, who can access their inventory data anytime and anywhere via a web portal or mobile app. Maharaj says that technology is at the heart of NewCold’s value proposition and competitive advantage. “Technology is not just a tool for us, it’s a way of thinking and doing business,” he says. “We use technology to deliver solutions that meet our customers’ needs and expectations, as well as our own goals of operational excellence and innovation.” He adds that technology also enables NewCold to adapt quickly to changing market conditions and customer demands. “We are constantly looking for ways to improve our processes and systems, as well as to explore new opportunities and technologies that can add value to our customers and our business,” he says. “We have a culture of learning and exper-
imentation that allows us to evaluate new ideas and scale them up if they work.” The company uses telematics technology to track the location and temperature of its trucks in real-time, ensuring that products are transported at the right temperature and arrive at their destination on time. NewCold’s trucks are also equipped with the latest safety features, such as lane departure warnings and collision avoidance systems. Another way that NewCold is using technology to improve their operations is through data analytics and artificial intelligence. They collect data on everything from inventory levels to transport routes and use this data to optimise their operations. This allows them to make informed decisions about everything from inventory management to transport routes.
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EXPANSIONS NewCold is constantly looking for new opportunities to gain experience in its business and serve new markets. In the past year, NewCold has announced several new developments and acquisitions around the world. In Europe, NewCold opened a new warehouse in Piacenza, Italy, with a capacity of 100,000 pallet positions. The warehouse will serve Froneri, one of the world’s largest ice cream manufacturers. NewCold also bought Frigoservice and a brownfield estate in Portugal, marking its entry into the Iberian Peninsula.
Fisher Construction Group, Inc. is a closely held construction services company designing and building commercial and industrial projects throughout the US and Canada. Formerly known as Fisher & Sons, the company has a history dating back to the 1950’s. With annual revenues of over $300M, Fisher Construction Group ranks among the largest contractors in the Pacific Northwest, and US leaders in building automation facilities. Fisher Construction Group is known as an exceptional general contractor delivering expert project management with meticulous attention to detail and a focus towards building long-term relationships with both clients and subcontractors. We go beyond the traditional contractor’s role, often acting as business advisors. Through close collaboration we’ll help clients make the best decisions – closely managing costs while maximizing efficiency – always delivering excellence beyond expectation. www.fishercgi.com info@fishercgi.com
In North America, NewCold started the construction of a new warehouse in Lebanon, Indiana, with a capacity of 120,000 pallet positions. The warehouse will serve General Mills, one of the world’s leading food companies. NewCold also expanded its existing warehouse in Burley, Idaho, adding 40% more capacity to serve McCain. In Australia, NewCold completed the construction of a new warehouse in Shepparton, Victoria, with a capacity of 103,000 pallet positions. The warehouse will serve Unilever and Simplot Australia.
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+1-360-757-4094 625 Fisher Lane Burlington, WA 98233
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VISION FOR THE FUTURE NewCold’s vision is to be the global leader in automated cold storage and logistics, offering innovative solutions that create value for its customers and stakeholders. They aim to achieve this vision by pursuing four strategic goals: Customer satisfaction, Operational excellence, Employee engagement and Sustainable growth. The company is leading the way in cold storage and supply chain logistics. With a commitment to sustainability, strong partnerships, and innovative technology, they are revolutionising the industry and setting new standards for excellence. As the world becomes more focused on sustainability and efficiency, NewCold will continue to be at the forefront of innovation.
FIND OUT MORE ABOUT NEWCOLD NEWCOLD.COM
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IMAS FINANCE SOUTH AFRICA:
A CO-OPERATIVE LEADER IN FINANCIAL SERVICES Project by: Malvern Kandemwa Words by: Michelle Duncan
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In the dynamic landscape of finance, iMasFinance South Africa stands as a beacon of innovation, commitment, and exceptional service. Guided by the visionary leadership of Group CEO Banie van Vollenhoven, the company has redefined financial operations, embraced technological advancements, and set new standards for excellence. At the core of iMasFinance South Africa’s success lies its dedication to crafting tailored financial solutions for its clients. The company’s day-to-day operations revolve around precision, analysis, and customer-centricity. Whether it’s wealth management, investment advisory, or risk assessment, iMasFinance teams of experts work diligently to ensure that each client receives a bespoke approach that aligns with their unique fi-
nancial goals and aspirations. Group CEO Banie van Vollenhoven’s leadership has been instrumental in driving iMasFinance’s technology transformation. The company has embraced fintech advancements to enhance customer experiences, streamline operations, and ensure data security. From digital platforms for seamless transactions to AI-powered analytics for robust decision-making, iMas-
THE COMPANY HAS REDEFINED FINANCIAL OPERATIONS, EMBRACED TECHNOLOGICAL ADVANCEMENTS AND SET NEW STANDARDS FOR EXCELLENCE.
Finance technological initiatives reflect its commitment to staying ahead of the curve and delivering cutting-edge financial services. Banie van Vollenhoven has over 25 years of experience in the financial services industry, having held various senior positions at Nedbank, Standard Bank, and Absa. He joined iMasFinance in 2016 as the Chief Operating Officer and was appointed as the Group CEO two years later. His vision is to make iMasFinance the preferred financial services provider for its members and to grow its market share in the co-operative sector. He believes that the co-operative model is a unique value proposition that differentiates iMasFinance from other financial institutions.
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Banie Van Vollenhaven, Group CEO, iMas Finance
“Co-operatives are people-centred enterprises owned, controlled and run by and for their members to realise their common economic, social, and cultural needs and aspirations,” he says. “In other words, our customers become members of our organisation by taking up financial products and services, and share in our annual profit, benefiting them financially and contributing towards the upliftment of the communities in which we work and live.” To achieve his vision, Banie vanVollenhoven has embarked on a strategic transformation journey that focuses on four key areas: technology, product innovation, customer experience, and operational excellence.
TECHNOLOGY TRANSFORMATION & LEADERSHIP In an era of rapid technological advancement, Banie van Vollenhoven recognizes the importance of technology transformation to stay ahead in the financial services industry. His visionary leadership has driven a comprehensive digital transformation within iMasFinance, enabling the company to leverage emerging technologies to enhance customer experiences and operational efficiency. Banie’s commitment to innovation has ensured that iMasFinance remains at the forefront of digital trends, effectively meeting the evolving needs of their clients. He has invested in upgrading the IT infrastructure, systems, and processes to improve efficiency, security, and scalability. He has also adopted a cloud-based
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strategy to leverage the benefits of cloud computing, such as cost savings, agility, and innovation. One of the major technology initiatives that he has led is the implementation of a new core banking system that integrates all the business functions and channels of iMasFinance. The new system allows for faster product development, better data analytics, and enhanced customer service. It also enables iMasFinance to offer digital solutions to its members, such as online banking, mobile banking, and chatbots. Banie has also fostered a culture of technology leadership within iMasFinance by empowering his IT team to drive innovation and
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collaboration across the organisation. He has established a Technology Innovation Forum that brings together IT experts and business leaders to identify opportunities for digital transformation and to share best practices. He has also supported the development of IT skills and capabilities through training, coaching, and mentoring programmes.
BANIE HAS ALSO FOSTERED A CULTURE OF TECHNOLOGY LEADERSHIP WITHIN IMAS FINANCE BY EMPOWERING HIS IT TEAM TO DRIVE INNOVATION AND COLLABORATION ACROSS THE ORGANISATION.
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PRODUCT INNOVATION Banie understands that product innovation is essential for meeting the evolving needs and expectations of the members and for attracting new customers. He has adopted a customer-centric approach to product development that involves conducting market research, analysing customer feedback, and testing new ideas with pilot groups. Some of the innovative products that iMasFinance has launched under his leadership include: A green loan product that offers lower interest rates for members who purchase environmentally friendly products or services, such as solar panels or electric vehicles. A funeral cover product that provides affordable and comprehensive funeral benefits for members and their extended families. A loyalty programme that rewards members for using iMasFinance products and services with cash back, discounts, vouchers, and other benefits.
CUSTOMER EXPERIENCE Banie van Vollenhoven believes that customer experience is a key differentiator for iMasFinance in a competitive market. He has implemented various initiatives to enhance the customer experience across all touchpoints, from online platforms to branches to call centres. Some of the initiatives that he has implemented to improve customer experience include: A customer satisfaction survey that measures the level of satisfaction and loyalty of the members on a regular basis.
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A customer journey mapping exercise that identifies the pain points and opportunities for improvement along the customer journey. A customer relationship management (CRM) system that enables personalised communication and service delivery to the members based on their preferences and profiles. A customer feedback mechanism that allows customers to share their compliments, complaints, suggestions, or queries through various channels.
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BANIE VAN VOLLENHOVEN’S VISION FOR IMASFINANCE SOUTH AFRICA IS ROOTED IN INNOVATION AND ADAPTABILITY. THE COMPANY’S COMMITMENT TO EMBRACING EMERGING TECHNOLOGIES, STAYING ATTUNED TO MARKET TRENDS, AND CONTINUOUSLY REFINING ITS SERVICES POSITIONS IT AS A FORERUNNER IN THE FINANCIAL SECTOR.
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OPERATIONAL EXCELLENCE Banie strives for operational excellence in all aspects of iMasFinance’s business. He has introduced a performance management system that sets clear goals and targets for each business unit and employee. He has also implemented a balanced scorecard approach that monitors and evaluates the performance of iMasFinance based on four perspectives: financial, customer, internal process, and learning and growth. He has also instilled a culture of continuous improvement within iMasFinance by applying the Lean Six Sigma methodology to identify and eliminate waste and variation in the business pro-
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cesses. He has also established a Quality Assurance function that ensures compliance with the relevant standards and regulations.
VISION FOR THE FUTURE: INNOVATING AND ADAPTING Banie van Vollenhoven’s vision for iMasFinance South Africa is rooted in innovation and adaptability. The company’s commitment to embracing emerging technologies, staying attuned to market trends, and continuously refining its services positions it as a forerunner in the financial sector. He has demonstrated his commitment to the co-operative values and principles that underpin iMasFinance’s mission and vi-
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sion. He has also shown his ability to adapt to the changing market conditions and customer needs by leveraging technology, innovation, customer experience, and operational excellence. Under his leadership, iMasFinance South Africa has crafted a narrative of financial excellence, technological advancement, and customer-centricity. Its day-today operations resonate with precision, while its technological transformation reflects its commitment to innovation. iMasFinance’s tech infrastructure,
procurement strategies, and supply chain management further amplify its reputation for being at the forefront of financial services. Their goal is not just to meet client expectations but to exceed them, consistently setting new benchmarks in financial excellence. As the company continues its journey, guided by a vision of innovation and adaptability, it paves the way for a future where financial excellence knows no bounds. He is an inspiration and a role model for the co-operative movement and the financial services industry in South Africa.
FIND OUT MORE ABOUT IMAS FINANCE IMASFINANCE.CO.ZA
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AGNIE AUXITES UINEÉ BUSINESS-TIMESMEDIA.COM
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Project by: Malvern Kandemwa
Words by: Michelle Duncan
DRIVING MINING EXCELLENCE THE ONGOING SUCCESS OF COMPAGNIE DES BAUXITES DE GUINEE
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FEATURE
CBG AT A GLANCE ESTABLISHED IN
1963 49% OWNED BY THE GUINEAN STATE
18.5M+ TONS OF BAUXITE
Souleymane Traore, CEO of Compagnie des Bauxites de Guinee
EXPORTED ANNUALLY Guinea is a small West African country that holds the world’s largest reserves of bauxite, the raw material for aluminium production. Bauxite is a vital resource for the global economy, as aluminium is most used in various industries ranging from transportation and construction to packaging and electronics. However, for a long time, Guinea has been exporting its bauxite in its raw form, without adding much value to it locally. This has limited the benefits of the mining sector for the country’s development and diversification. This situation is changing under the leadership of Souleymane Traore, the CEO of Compagnie des Bauxites de Guinee (CBG), the largest bauxite producer and ex-
porter in Guinea. Traore, who took over the helm of CBG in 2017, has a vision to transform the company and the industry into a more sustainable, responsible, and profitable one. He has initiated several projects and initiatives to modernise CBG’s operations, improve its infrastructure, optimise its supply chain, and support local communities and the environment.
HOWEVER, FOR A LONG TIME, GUINEA HAS BEEN EXPORTING ITS BAUXITE IN ITS RAW FORM, WITHOUT ADDING MUCH VALUE TO IT LOCALLY. THIS HAS LIMITED THE BENEFITS OF THE MINING SECTOR
Under the astute leadership of CEO Souleymane Traore, CBG has not only revolutionised the landscape of mining operations but also upheld a commitment to technological transformation, improved infrastructure, responsible procurement, and efficient supply chain management. One of the key projects that Traore has spearheaded is the expansion of CBG’s production capacity from 15 million tons per year to 18.5 million tons per year. The project completed in 2021, involved upgrading CBG’s mining equipment, railway network, port facilities and processing plant. The expansion has increased CBG’s efficiency, productivity, and competitiveness in the global market, as well as its contribution to Guin-
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ea’s revenue and employment. Another project that Traore has championed is the development of a local alumina refinery in partnership with the Guinean government and other stakeholders. Alumina is the intermediate product obtained from bauxite after refining it. It then smelted into aluminium metal. By building an alumina refinery in Guinea, CBG aims to add more value to its bauxite locally, create more jobs and skills, and reduce its dependence on foreign markets. The refinery project is currently in the feasibility stage and expected to have a capacity of 1.5 million tons per year.
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Traore is also committed to making CBG a more responsible and sustainable company that respects the highest standards of health, safety, environmental and social performance. He has implemented several policies and programs to ensure that CBG operates in harmony with its stakeholders, especially the local communities affected by its activities. For instance, he has launched a community development fund that invests in various projects such as education, health, water, sanitation, and agriculture. He has also supported the creation and training of micro-enterprises that provide goods and services to CBG and other customers.
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Moreover, he has promoted the preservation of biodiversity and ecosystem services by initiating a reforestation campaign that aims to plant one million trees by 2025.
TRAORE IS ALSO COMMITTED TO MAKING CBG A MORE RESPONSIBLE AND SUSTAINABLE COMPANY THAT RESPECTS THE HIGHEST STANDARDS OF HEALTH, SAFETY, ENVIRONMENTAL AND SOCIAL PERFORMANCE.
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BUILD A BRIGHTER FUTURE Improve your operational performance and decrease your OPEX by embarking on your decarbonisation journey with ADERCO
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TECHNOLOGY TRANSFORMATION AND ENHANCED PERFORMANCE IN CBG MINING OPERATIONS In the contemporary mining landscape, the integration of technology has emerged as a pivotal driver of operational excellence and improved performance. Compagnie des Bauxites de Guinée (CBG), guided by its visionary leadership, has harnessed the power of technology to transform its mining operations, resulting in heightened efficiency, safety, and sustainability. CBG’s journey towards technology transformation is a testament to its commitment to staying ahead of the curve. Under the strategic guidance of its leadership, the company has embraced a diverse array of technological innovations, reshaping the way mining operations are conducted. The integration of innovative tools and systems has streamlined processes, enhanced data analytics, and fostered a culture of continuous improvement. At the core of CBG’s technology transformation is the utilisation of data analytics. Through real-time data collection and analysis, the company gains invaluable insights into various aspects of its operations. These insights enable CBG to make informed decisions, optimise production processes, and identify areas for enhancement. From predicting equipment maintenance needs to forecasting resource require-
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ments, data analytics empower CBG to operate with precision and foresight. Technology has significantly elevated safety standards within CBG’s mining operations. The implementation of advanced sensors, wearables, and monitoring systems has enabled real-time tracking of employee activities and environmental conditions. This initiative-taking approach to safety minimises risks, reduces accidents, and ensures the well-being of the workforce. In an industry known for its inherent hazards, CBG’s technology-driven safety measures set a new benchmark for responsible mining practices. Automation is another cornerstone of CBG’s technology transformation. Through the deployment of autonomous machinery and equipment, the company has not only boosted operational efficiency but also reduced reliance on manual labour in potentially hazardous environments. Automated processes ensure consistent and precise execution, leading to improved productivity and resource utilisation. This streamlined approach minimises downtime, increases throughput, and optimises overall output. These are some of the ways that CBG has leveraged technology transformation to improve its performance and achieve its vision of becoming a more modern, efficient, and responsible company that delivers value not only to its shareholders, but also to its employees, customers, partners, and communities.
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SUSTAINABILITY AS A DRIVING FORCE CBG’s technology transformation aligns seamlessly with its commitment to sustainability. By embracing energy-efficient technologies and minimising resource wastage, the company reduces its environmental footprint. The integration of technology allows CBG to track energy consumption, monitor emissions, and implement eco-friendly practices throughout its operations. This sustainable approach not only
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resonates with global environmental concerns but also enhances the company’s social responsibility. CBG aims to “minimise the environmental impact of our activities, respect human rights, support local communities and contribute to social and economic development.” Some of the sustainability initiatives that CBG has been implementing a Biodiversity Action Plan to protect and restore the natural habitats affected by mining activities. CBG has partnered with local and interna-
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tional organisations to monitor the biodiversity status and implement conservation measures. Developing a Water Management Plan to optimise the use of water resources and reduce the potential impacts on water quality and availability. CBG has installed water metres, improved water treatment facilities, reduced water consumption and increased water recycling. Adopting a Climate Change Strategy to reduce greenhouse gas emissions and enhance resilience to climate change impacts. CBG has invest-
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CONTINUOUS IMPROVEMENT CULTURE CBG’s technology transformation embodies a culture of continuous improvement with the leadership’s forward-thinking approach encouraging innovation and the exploration of emerging technologies. By fostering an environment where employees are empowered to propose and implement tech-driven solutions, CBG remains at the forefront of industry advancements.
ed in energy efficiency projects, renewable energy sources, carbon offsetting programmes and climate risk assessments and promoting a Social Licence to Operate by engaging with stakeholders, respecting human rights, supporting local communities, and creating shared value. CBG has established a grievance mechanism, conducted social impact assessments, supported local development projects, and provided employment and training opportunities.
Compagnie des Bauxites de Guinée’s journey of technology transformation within its mining operations and its leadership serves as an inspiring case study for the mining industry at large. The company’s embrace of data analytics, automation, and safety measures driven by technology has not only improved operational efficiency but has also elevated safety standards and sustainability practices. CBG’s approach exemplifies the potential of technology to revolutionise traditional industries, demonstrating that harnessing innovation can lead to enhanced performance responsible resource management, and a brighter future for both the company and the world.
FIND OUT MORE ABOUT COMPAGNIE DES BAUXITES DE GUINEE CBG-GUINEE.COM
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ANSHI NG PLC MBIA BUSINESS-TIMESMEDIA.COM
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KANSANSHI
STATS
8TH
LARGEST COPPER MINE IN THE WORLD
146,282 TONS OF COPPER PRODUCED IN 2022
109,617
OUNCES OF GOLD PRODUCED IN 2022
Anthony Mukutuma, General Manager, Kansanshi Mining PLC Zambia
UNEARTHING POTENTIAL EXPLORING THE KANSANSHI COPPER MINE IN ZAMBIA Project by: Malvern Kandemwa
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Words by: Michelle Duncan
FEATURE
Kansanshi Mining PLC Zambia is a subsidiary of First Quantum Minerals, a global copper company that produces copper in the form of concentrate cathode and anode which has inventories of nickel, gold, and cobalt. The company operates the Kansanshi mine, which is in Solwezi in the North-Western Province of Zambia. The mine is one of the largest copper reserves in Zambia, with estimated reserves of 727 million tonnes of ore graded at 0.86% copper. The mine also produces gold as a by-product. The General Manager of Kansanshi Copper mine is Anthony Mukutuma, who was appointed in June 2020. He is the first Zambian
to hold this position at the largest copper mine in Africa by production. Mukutuma has a Bachelor of Engineering in Chemical Engineering with Minerals Engineering from University of Birmingham and a Master of Business Administration from University of Liverpool. He has over 20 years of experience in the mining industry, having worked as a Plant Metallurgist at Konkola Copper Mines plc and as a Metallurgical Manager at First Quantum Minerals Limited.
THE MINE IS ONE OF THE LARGEST COPPER RESERVES IN ZAMBIA, WITH 727 MILLION TONNES OF ORE
Under Mukutuma’s leadership, Kansanshi has been exploring the use of modern technologies to improve its mining operations, such as microwave rock analysis (MRA) for online ore grade analysis and subsequent possible sorting to mitigate the impacts of mining a complex vein-type orebody with highly variating grades. The company has also invested in improved infrastructure, such as roads, bridges, schools, and health facilities, to benefit the local communities. Additionally, the company has been implementing procurement and supply chain management strategies to support local businesses and suppliers, as well as to reduce costs and environmental impacts.
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OPERATIONAL EXCELLENCE With a commitment to sustainable mining practices, Kansanshi Copper Mine has achieved remarkable success in operating at optimal efficiency. The company’s activities encompass exploration, extraction, processing, and reclamation, all conducted with meticulous attention to environmental stewardship. Under Mukutuma’s leadership, Kansanshi
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has embraced best practices to ensure responsible resource extraction and prioritise workforce safety. Rigorous safety protocols, training programs, and state-ofthe-art equipment are employed to ensure a safe working environment. This commitment has led to reduced accidents and incidents. They also have adopted efficient resource management practices. Its advanced processes, including modern waste management systems and water con-
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servation measures, ensure that operations remain sustainable and safeguard the surrounding ecosystem. Through various initiatives, such as land reclamation and reforestation programs, the mine strives to rehabilitate the surrounding areas affected by mining activities. In addition, ongoing research and implementation of sustainable energy solutions aim to reduce the mine’s carbon footprint.
FLOTATION REAGENT
TECHNOLOGIES
Customer Centric, High Level of Technical Service
Manufacturer & Supplier of Mining Chemicals and Flotation Reagents
Louis Hoffmann
Martin Lusambo
+27 82 416 2772
+260 966 739 955
Managing Director
louis.hoffmann@kemtec-africa.com
Technical Sales Manager, Zambia martin.lusambo@kemtec-africa.com
www.Kemtec-Africa.com
MINING
IMPROVED INFRASTRUCTURE: LAYING THE FOUNDATIONS FOR GROWTH Infrastructure development has been a key focus under General Manager Anthony Mukutuma’s leadership. Kansanshi recognizes that robust infrastructure is vital for operational efficiency and growth. The company has modernised facilities, established efficient transportation networks, and created state-ofthe-art operational hubs. This infrastructure not only supports current operations but also facilitates future expansions and innovations. One of the primary areas of infrastructure improvement is the development of roads and transportation networks. Kansanshi has
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made significant investments in upgrading and maintaining road networks to facilitate the transportation of equipment, supplies, and products to and from the mine site. This includes collaborating with local authorities and government bodies to ensure the construction and maintenance of quality roads that provide reliable access to the mine. Power supply infrastructure is another critical aspect of Kansanshi infrastructure improvement efforts. The company has established partnerships and invested in power generation projects to ensure a reliable and sustainable power supply for its mining operations. This has involved developing and upgrading power transmission and distribution systems to meet the increasing energy demands of the mine. Water management infrastructure is also a priority for Kansanshi Mine. Water is a crucial
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resource in mining operations, and the company has implemented measures to ensure efficient water usage and responsible discharge of wastewater. Kansanshi has invested in water treatment facilities and implemented strategies to minimise water consumption by optimising processes and implementing recycling and reuse mechanisms. Anthony Mukutuma, as the General Manager, envisions an infrastructure that not only supports the current mining operations but also contributes to the longterm development and prosperity of the region. His vision includes collaborating with local communities, government entities, and other stakeholders to identify and address infrastructure gaps beyond the immediate needs of the mine.
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Mukutuma’s vision extends beyond the mine gate, recognizing that improved infrastructure can unlock economic opportunities and social progress for the surrounding communities. By investing in infrastructure, Kansanshi aims to provide lasting benefits to the region by creating employment opportunities, improving access to essential services, and promoting economic diversification. To realise this vision, Kansanshi actively engages with local communities to understand their needs, concerns, and aspirations. Through open dialogue and partnerships, the company works towards mutually beneficial solutions that contribute to shared prosperity. This approach emphasises the importance of sustainable and inclusive development, ensuring that the benefits of infrastructure improvements extend beyond the mining activities.
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CORPORATE SOCIAL RESPONSIBILITY The economic contributions of the Kansanshi Copper Mine extend far beyond the mining sector. The company plays a crucial role in job creation, providing employment opportunities for thousands of Zambians and supporting the livelihoods of their families. Additionally, the mine’s activities contribute significantly to the coun-
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try’s GDP, generating substantial foreign exchange earnings for Zambia. Its commitment to social responsibility, aims to make a positive impact on the communities in which it operates. The company invests heavily in education, healthcare, and infrastructure development. Under its CSR initiatives, the mine has established schools, health centres, and even supported educational scholarships to help improve the quality of life for locals. These efforts foster
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socio-economic development and empower communities to thrive beyond mining operations. Kansanshi Mine’s transformative journey under General Manager Anthony Mukutuma’s leadership serves as an inspiring example of how visionary leadership can reshape the mining industry. His unwavering commitment to innovation, sustainability, and ethical practices has positioned Kansanshi Mining PLC as a leader in
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responsible resource extraction. Its commitment to operational excellence, socio-economic development, and environmental stewardship has cemented its position as a leading player in the global mining industry. Through the creation of job opportunities, investment in local communities, and sustainable practices, the mine continues to contribute to Zambia’s economic growth while ensuring a sustainable future for generations to come.
FIND OUT MORE ABOUT KANSANSHI MINING PLC FIRST-QUANTUM.COM
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EXPO BUSINESS-TIMESMEDIA.COM
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FERREXPO PLC
A LEADING PRODUCER OF HIGHGRADE IRON ORE PELLETS Project by: Malvern Kandemwa Words by: Michelle Duncan
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Lucio Genovese, Interim Executive Chair of Ferrexpo
Ferrexpo Plc was founded in 1960 and has deep roots in Ukraine’s mining industry. The company’s primary focus is on the production of high-quality iron ore pellets, which are used in the steelmaking process. Ferrexpo operates primarily in the Poltava mining and processing complex, one of the largest iron ore deposits in the world. With extensive mining reserves and a resolute workforce, Ferrexpo has become a key player in the global iron ore market. One of the driving forces behind this success has been its visionary leadership with the recent appointment of Lucio Genovese as Interim Executive Chair. With his experience in the mining industry, Genovese brings valuable expertise and leadership to the company. Mr. Genovese has extensive experience and expertise in the mining and commodity
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trading sectors, as well as in corporate finance and governance. He is the CEO of Nage Capital Management, a Swiss based investment firm and a Chartered Accountant. Mr Genovese will lead the Group until a permanent CEO is appointed and will oversee the implementation of the Group’s strategic priorities and growth plans. His appointment demonstrates Ferrexpo’s commitment to strengthening its leadership team and ensuring a smooth transition into the future. Ferrexpo stands as a beacon of leadership and innovation in Ukraine’s mining sector. With a remarkable blend of innovative technology, unwavering commitment to sustainability, strategic partnerships, and a visionary outlook, Ferrexpo has not only transformed its operations but has also set a benchmark
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THE COMPANY’S COMMITMENT TO TECHNOLOGY-DRIVEN INNOVATION HAS NOT ONLY IMPROVED ITS OPERATIONAL PERFORMANCE BUT ALSO POSITIONED IT FOR LONG-TERM SUSTAINABILITY
for the industry at large. Its operations in Ukraine have been resilient despite the challenges posed by the ongoing conflict with Russia. They kept its production and sales volumes, while ensuring the safety and well-being of its workforce and communities. Ferrexpo has also supported humanitarian and social initiatives in Ukraine, such as providing medical equipment and supplies to hospitals, donating food and hygiene kits to internally displaced people, and funding educational and cultural programs.
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TECHNOLOGY TRANSFORMATION In June 2007, Ferrexpo plc was listed on the London Stock Exchange, producing 8.6 million tonnes of iron ore pellets in the year prior to listing. Since then, the company has invested over US$3 billion in expanding and modernising its production base and coordination network. In 2011, the company opened its second iron ore mine, the Yeristovo mine, which is found north of its main
iron ore mine, the Poltava iron ore mine. In 2020, the company added two new products to its portfolio: higher grade iron ore pellets grading 67% Fe, and high-grade commercial concentrate, also grading 67% Fe. These products enable the company to access new markets and customers that demand higher quality and lower carbon intensity. The journey towards technology transformation has been nothing short of remarkable. Embracing
modernization, the company has integrated advanced technologies into its mining operations, redefining efficiency, and safety. Ferrexpo has always been at the forefront in terms of adopting advanced technologies and transforming its operations. The company’s technology transformation efforts focus on enhancing mining efficiency, improving product quality, and ensuring a safe working environment. Through the integration of automation, digital solutions, and data analytics, Fer-
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rexpo has significantly increased operational productivity and perfected its supply chain. By using autonomous haulage systems and real-time monitoring. Ferrexpo has achieved greater efficiency and accuracy in its mining processes. The company’s commitment to technology-driven innovation has not only improved its operational performance but also positioned it for long-term sustainability. Its ultramodern mining fleet, equipped with sophisticated sensors and connectivity, enables real-time data collection. This data is then analysed to perfect production processes, leading to higher yields and cost reductions. The implementation of innovative drilling and blasting technologies has not only increased ore recovery rates but also minimised environmental impact. The use of automated equipment, data analytics, and digital communication systems has elevated productivity while minimising risks associated with manual labour.
THE COMPANY’S COMMITMENT TO TECHNOLOGY-DRIVEN INNOVATION HAS NOT ONLY IMPROVED ITS OPERATIONAL PERFORMANCE BUT ALSO POSITIONED IT FOR LONG-TERM SUSTAINABILITY
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SUSTAINABILITY Ferrexpo understands the importance of sustainable mining practices in protecting the environment and contributing positively to local communities. Their commitment to sustainability is woven into the fabric of its operations. The company has implemented a range of sustainability initiatives to minimise its environmental impact. It Is also dedicated to resource conservation, carbon
footprint reduction, and biodiversity preservation. Through investments in renewable energy sources, waste management systems, and water conservation programs, committed to reducing its environmental footprint and running responsibly. The company’s investment in waste reduction and recycling initiatives proves its dedication to reduce waste generation and promote circular economy prin-
ciples. Its responsible mining practices prioritise environmental conservation, community engagement, and social welfare. By adhering to strict environmental standards, mitigates its ecological footprint and conserves natural resources. In addition, Ferrexpo’s community development programs, focusing on education and healthcare, underscore its role as a responsible corporate citizen.
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“With nearly a century of sustainable innovation, Caterpillar has a legacy of providing products and services that continually improve the quality of life and the environment by helping our customers fulfill society’s need for infrastructure in a sustainable way. The world is transitioning toward a lower-carbon future, and Caterpillar supports efforts to mitigate climate change. We are making significant progress to reduce greenhouse gas (GHG) emissions from our operations, and our customers rely on Caterpillar to provide a diverse portfolio of products, services and solutions that lower GHG emissions, improve efficiency and productivity, and deliver energy flexibility”, Jim Umpleby, Caterpillar Inc. Chairman & CEO says. This year, Caterpillar released a Sustainability Report which included 2022 Sustainability highlights and progress of 2030 Sustainability goals released in 2021. Among achievements highlighted in Report there are: •
33% reduction in Scope 1 + 2 greenhouse gas emissions from 2018.
•
17% improvement in recordable injury frequency from 2018.
•
14 Employees Resource Groups (ERGs) building community, belonging and experiences to support development.
•
Nearly $900M invested by the Caterpillar Foundation over the last 70 years.
•
100% of new products introduced reduced waste, improved design for rebuild/remanufacturing, lowered emissions or improved efficiency from the previous generation.
•
140M lbs of material taken back through Cat Reman.
•
Successful demonstration of first battery electric 793 large mining truck prototype, complementing our innovative portfolio of products and services designed to help its customers achieve their climate-related goals.
Demonstration of its first battery electric 793 large mining truck prototype was a part of a growing portfolio of innovative electrified solutions with support from key mining customers participating in
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Caterpillar’s Early Learner program. A primary objective of the program is for Caterpillar to collaborate more closely with customers as the industry undergoes transformational change through the energy transition. The main milestones of a Caterpillar’s battery electric mining truck accelerated development strategy: •
2022 Machine technical feasibility / Validate technical assumptions
•
2024 Product and technology validation / Refine requirements / Process development
•
2025 Fleet optimization / Validate production intent / Infrastructure learnings
•
2027+ Full production capabilities / Site integration
Over the past 20 years, Caterpillar has invested more than $30 billion in R&D to deliver best-in-class innovation, including autonomy, alternative fuels, connectivity and digital, and electrification (AACE) technologies. As a result, Caterpillar leads the industry in autonomy. It has the largest autonomous truck fleet in the world, with over 580 machines and more launching every year. Autonomy drives operations consistency for our customers — resulting in zero reported lost-time injuries, productivity improvement of up to 30% over staffed fleets, enhancing fuel efficiency, and reducing associated GHG emissions. Today, its autonomous portfolio goes beyond haul trucks to include water trucks, drills, dozers, wheel loaders and underground loaders. Alternative Fuels is another focus for Caterpillar because fuel choice is one way that customers can reduce lifecycle GHG emissions today. Many Caterpillar products operate on lower-carbon intensity fuels, including biodiesel, renewable diesel and biogas. These fuels reduce lifecycle GHG emissions in the fuel value chain; GHG emissions at the tailpipe are essentially the same as traditional fuels. Caterpillar will enable our customers to achieve their climate-related goals as they build a better, more sustainable world. Collaboration is key. Caterpillar will continue to work alongside its customers to identify their challenges, understand their requirements and deliver solutions that help them be successful today and into the future. Together with its partner Caterpillar, Zeppelin is focused on energy and emissions reduction in our own business, and helping customers to decrease their carbon
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footprints through machinery and power solutions that contribute to lowering greenhouse gas emissions. Sustainability is one of the core values of Zeppelin and Caterpillar. We strive to balance environmental management, social responsibility, and economic growth - and help our business partners do the same. Despite the tragic events continuing to occur in Ukraine, Caterpillar continues to fulfill its obligations and deliver equipment and spare parts as well as Zeppelin Ukraine continues providing professional service at a high level in the shortest possible time and is improving quality in a continuous process. Genuine spare parts top service fill throughout the warehouse’s network in the country allows providing an uninterrupted supply to our customers even in current unstable situation in Ukraine. Together with providing top level service for our customers, Zeppelin Ukraine is also involved in social help events and donating to funds helping Ukrainian people in need with the bare necessities. Caterpillar Inc. With 2022 sales and revenues of $59.4 billion, Caterpillar Inc. is the world’s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. “Zeppelin Ukraine TOV” LLC is an exclusive official dealer on the Ukrainian market of the worldwide company Caterpillar. It is a part of the Zeppelin group of companies, as it operates in 220 branches around the world with a staff of over 10,000 and reach sales of 3.8 billion EUR in 2022 financial year. A wide range of products, as company propagates, helps customers to complete the task, whether it be folding - from earthworks to electric supply of the prompted object. In line with Cat® technology, which is used in everyday life, heating, oil and gas and lumber industries, we offer a wide range of Cat® diesel and gas engines, systems and generators Cat®. zeppelin.ua
FEATURE
STRATEGIC PARTNERSHIP Ferrexpo has forged strategic partnerships with renowned industry leaders, such as Zeppelin International, a global equipment solutions provider. This collaboration has been instrumental in driving Ferrexpo’s technological advancements, sustainability endeavours, and operational excellence. Through strategic partnerships, Ferrexpo gains access to innovative technology and tools that ensure safer and more efficient operations. Moreso, industry expertise and market insights, enabling the company to stay ahead of the competition and deliver value to its stakeholders. These partnerships foster a culture of innovation paving the way
for knowledge exchange and skill development, enabling its workforce continuous improvement, working and remaining at the forefront of mining technology.
EXPANSIONS AND GLOBAL REACH Ferrexpo’s expansion initiatives have not only helped grow its market presence but also underscore its commitment to long-term success. The company has actively pursued growth opportunities through targeted investments in new mining projects and expanding its global footprint. Such forward-thinking strategies are aligned with Ferrexpo’s vision for the future, which revolves around sustainable growth, technological advancements, and con-
tinued success as a responsible mining company. By embracing modern technologies, cultivating strategic partnerships, and implementing sustainable practices, Ferrexpo is poised to remain a leader in the industry and contribute to the development of a sustainable mining sector. Ferrexpo’s success extends beyond its borders, with the company’s commitment to growth clear in its expansion initiatives. By diversifying its geographical presence and entering new markets, Ferrexpo has set up itself as an international mining powerhouse. The expansion not only strengthens the company’s market position but also contributes to regional economic development and employment generation.
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VISION FOR THE FUTURE Ferrexpo Plc leadership in technology transformation, sustainability, and strategic partnerships has set it apart in the mining industry. The company’s commitment to innovation, alongside its efforts to minimise its environmental impact, positions them as a responsible and forward-thinking organisation. Through strategic partnerships with industry leaders like Zeppelin, Ferrexpo has access to the latest technologies, industry expertise, and market insights, ensuring its continued success. As it continues to expand and evolve, its sharp vision for the future revolves around sustainable growth, technological advancements, and a commitment to responsible mining practices. As a leading producer of highgrade iron ore pellets that has a long and successful history and a promising future. The company operates in a challenging but
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rewarding market, where it leverages its competitive advantages and opportunities to create value for its customers and stakeholders. The company is also committed to working in a safe, sustainable, and ethical manner, while contributing to the development and well-being of its host country, Ukraine. The vision outlook is centred on sustainable growth and innovation. The company aims to further optimise its operations through the integration of advanced AI and automation technologies. This vision aligns with Ferrexpo’s dedication to maintaining environmental integrity while achieving higher levels of efficiency and is well-positioned to achieve its goals and aspirations.
FIND OUT MORE ABOUT FERREXPO WWW.FERREXPO.COM
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IANO OLD ANA BUSINESS-TIMESMEDIA.COM
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FEATURE
GALIANO GOLD GHANA:
NAVIGATING THE GOLDEN PATH OF LEADERSHIP, INNOVATION, AND SUSTAINABILITY Project by: Malvern Kandemwa Words by: Michelle Duncan
Ghana is one of the top gold-producing countries in Africa, with an estimated 142.4 tonnes of gold mined in 2019. Among the many mining companies operating in the country, Galiano Gold Ghana, formerly known as Asanko Gold Ghana, is a prominent gold mining company with a rich history of exploration and resource development. Founded on the principles of responsible mining practices, sustainable development, and community en-
gagement, Galiano Gold Ghana has emerged as a leading player in the global gold mining industry. This historical narrative sheds light on the company’s evolution, its strategic location, and its mining operations in the heart of Ghana’s gold-rich terrain. The roots of Galiano Gold Ghana can be traced back to the early 2000s when exploration efforts began in Ghana’s prolific Ashanti Belt. The company’s journey commenced with the discovery of the Esaase deposit in 2001, an event that would set the stage for its subsequent growth and development. Galiano Gold Ghana’s predecessor, Asanko Gold Inc acquired the Esaase deposit in
2013, marking a significant milestone in its history. The mine is one of the largest gold mines in Ghana, with proven and probable reserves of 4.8 million ounces. Galiano Gold Ghana is strategically located in the heart of the Ashanti Belt, an area renowned for its immense gold deposits. This region, often referred to as the “Gold Coast,” has a storied history of gold mining dating back centuries, attracting prospectors and explorers from around the world. Today, the Ashanti Belt remains a geological treasure trove, with its rich gold-bearing ore bodies making it a prime location for modern gold mining operations.
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Matt Badyla, CEO of Galiano Gold Inc.
The Asanko Gold Mine has been in production since 2016 and has consistently delivered strong operational and financial performance. In 2020, the mine produced 249,904 ounces of gold at an all-in sustaining cost of $1,043 per ounce, exceeding the upper end of its guidance range. The success of the Asanko Gold Mine is driven by Matt Badyla,
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the CEO of Galiano Gold Inc in Ghana, a dynamic and visionary leader who has made significant contributions to the company’s success by implementing best practices in mining operations, technology investments, improved infrastructure, procurement, and supply chain management. With his experience in the mining industry and a deep
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understanding of the Ghanaian mining landscape, Badyla has been instrumental in driving Galiano Gold’s growth and sustainability initiatives. Under Badyla’s leadership, Galiano Gold Inc has focused on operational excellence, community engagement, and environmental stewardship. He has spearheaded efforts to improve the company’s oper-
STORAGE CONSTRUCTION HAULAGE
INSTALLATION
OPEN PIT MINING BULK EARTHWORKS ROAD CONSTRUCTION CIVIL WORKS
LABOUR HIRE
STEEL STRUCTURE WORKS SUPPLIES OF GOODS ROMPAD MANAGEMENT
BLOJ, P.O Box SN 884, Kumasi Santasi, , Ghana
+024 475 9342 projects@bloj.org
ational efficiency, optimise production processes, and drive cost-effectiveness, leading to increased profitability and long-term sustainability. The company has adopted a long-term mine plan that optimises the use of existing infrastructure and equipment, reduces waste stripping, and increases ore extraction. The company has also implemented a comprehensive health and safety management system that covers all aspects of its operations, from exploration to closure. The company has achieved an excellent safety record, with no fatalities and a lost-time injury fre-
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quency rate of 0.07 per million hours worked in 2020. They invested in various technologies to enhance its productivity, efficiency, and sustainability. For example, the company has installed a fleet management system that monitors and optimises the performance of its mining equipment, reducing fuel consumption and emissions. Also deployed a remote operating centre that allows real-time monitoring and control of its processing plant, improving throughput and recovery. Galiano Gold has also embraced digitalization and automation, using drones, sensors, analytics, and artificial intelligence to
BUSINESS TIMES MAGAZINE OCTOBER 2023
improve its decision making and operational excellence. Galiano Gold developed and maintained high-quality infrastructure to support its mining activities and benefit its stakeholders. The company has built a 5 Mtpa carbonin-leach processing plant that uses modern technology and equipment to process ore efficiently and safely. They constructed a 21 MW power plant that provides reliable and cost-effective electricity to the mine site. This has also developed a downstream tailings storage facility that meets international standards for environmental management and social responsibility.
FEATURE PARTNER FOCUS:
OUR MISSION:
BLOJ
We aim to be a world class engineering Construction Company providing efficient affordable, sustainable, cost-effective services of highest level of quality.
WHO IS BLOJ?
OUR VALUES:
BLOJ is a Ghanaian Incorporated company and locally owned.
We believe in maintaining the highest standard of professionalism, integrity, creativity, positive attitude, delivery that meets and surpass expectations while offering prompt and lasting solutions that stand the test of time.
The company offers Engineering Construction, Construction Project management and Mining services. BLOJ is dedicated to organizations or Individuals seeking construction and mining services. We provide engineering construction services to Mining Companies, Power distribution and transmission companies, oil and pipeline companies, public works agencies, municipalities, and commercial/residential real estate developers.
WHAT WE DO: •
TAILINGS STORAGE FACILITY CONSTRUCTION
•
HAULAGE OF ORE & WASTE MATERIAL
•
HDPE LINING AND GEOTEXTILE INSTALLATION
•
OPEN PIT MINING
Our area of expertise includes but not limited to building technology, civil, structural engineering, and Mining.
•
BULK EARTHWORKS
•
ROAD CONSTRUCTION
We are committed to providing the best possible construction expertise & service to ensure cost effective and successful projects.
•
HAUL ROAD CONSTRUCTION
•
CIVIL WORKS
•
STEEL STRUCTURE WORKS
•
CONSTRUCTION OF WATER TREATMENT FACILITY
•
BUILDING CONSTRUCTION WORKS (REAL ESTATE& RESETTELMENT)
OUR VISION:
•
LABOUR HIRE
To set the unique industry standard through safety, quality projects and client satisfaction, guided by our core values we will constantly strive to implement the critical initiatives required to achieve the vision.
•
INSTALLATION OF GABION BASKET
•
TAILINGS RECLAMATION WORKS
•
SUPPLIES OF GOODS
•
ROMPAD MANAGEMENT
We work closely with our clients to accurately interpret their dreams/visions in drawings and bring them to the desired reality through construction solutions to meet their needs; We communicate with our clients throughout the project process to keep them informed of progress and to ensure that our project keeps on schedule and within budget.
BLOJ, P.O Box SN 884, Kumasi Santasi, , Ghana
+024 475 9342 projects@bloj.org
MINING
In addition, they established a robust procurement system that ensures timely delivery of goods and services at competitive prices. Galiano Gold has also fostered strong relationships with its suppliers, especially local suppliers such as Bloj Company Limited, to support local economic development and empowerment. The company has implemented a local procurement policy that re-
GALIANO GOLD IS AN EXAMPLE OF HOW MINING COMPANIES CAN ACHIEVE OPERATIONAL EXCELLENCE WHILE ADHERING TO HIGH ESG STANDARDS.
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quires at least 70% of its procurement spend to be sourced from Ghanaian-owned businesses. The company has also supported its local suppliers with training, mentoring, and financing opportunities to enhance their capacity and quality. The company has optimised its supply chain management to reduce costs, risks, and environmental impacts, adopted a just-in-time inventory management approach that reduces stockpiling and wastage of materials. They also implemented a planning management system that tracks and coordinates the movement of materials from source to destination, reducing delays and losses. Adopting sustainable transportation modes, such as rail and
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sea freight, to reduce its carbon footprint. Furthermore, Badyla has placed a strong emphasis on building positive relationships with local communities and stakeholders. By prioritising community engagement and social responsibility, Galiano Gold has developed strong partnerships, fostered local economic growth, and contributed to the overall development of Ghana’s mining sector. By implementing these best practices, Galiano Gold Ghana has demonstrated its leadership in sustainable mining, creating value for its shareholders, employees, communities, and the environment. They also invested $6 million in communi-
FEATURE
ty development projects, such as education, health care, water supply and sanitation. Galiano Gold Ghana is an example of how mining companies can achieve operational excellence while adhering to high ESG standards. The company’s vision is to become a mid-tier gold producer in West Africa with a portfolio of long-life, low-cost assets that generate strong cash flows and dividends. The dedication to sustainable mining practices and fostering positive community relationships. The company has responsible environmental management, implementing measures to minimise its ecological footprint and mitigate the impact of mining on local ecosystems. Galiano Gold Ghana actively engages with local communities through various social initiatives, including education, healthcare, infrastructure
development, and job creation. By prioritising sustainability and community engagement, the company leaves a positive and lasting impact on the regions in which it operates. Galiano Gold Ghana’s history is a tale of exploration, discovery, and responsible resource extraction in one of the world’s most goldrich regions. Situated in the Ashanti Belt, the company’s strategic location has provided access to prolific gold deposits that continue to fuel its growth and success. Its mining operations at the Asanko Gold Mine, encompassing both the Nkran and Esaase deposits, exemplify precision, safety, and sustainability. As Galiano Gold Ghana continues to navigate the complexities of the gold mining industry, its history stands as a testament to the potential of responsible mining
practices and sustainable development. This rich history serves as a foundation for a future that is not only prosperous but also rooted in ethical and environmentally conscious resource extraction. In addition to his strategic leadership, Badyla has also demonstrated a commitment to environmental stewardship. He has championed sustainable mining practices, ensuring that Galiano Gold operates in a responsible and environmentally conscious manner. With its proven record of delivering on its promises, Galiano Gold Ghana is well-positioned to achieve this vision and continue to be a leader in sustainable mining.
FIND OUT MORE ABOUT GALIANO GOLD GHANA GALIANOGOLD.COM
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IBRE NING BUSINESS-TIMESMEDIA.COM
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FEATURE
THE CALIBRE MINING CORP:
PIONEERING A SUSTAINABLE FUTURE IN NICARAGUA Project by: Malvern Kandemwa Words by: Michelle Duncan Calibre Mining Corp has emerged as a leading player in the mining industry, driven by its visionary leadership, innovative technologies, improved infrastructure development, and unwavering commitment to sustainability. Under the guidance of Vice President of Sustainability, Petri Salopera, the company has undergone a remarkable transformation, setting new standards for responsible mining practices, and making significant contributions to the
socio-economic development of Nicaragua. The origins of Calibre Mining Corp can be traced back to the late 19th century when intrepid explorers began venturing into untapped regions in search of mineral wealth. In the heart of Nicaragua, where lush forests and rugged terrain concealed hidden treasures, these early pioneers laid the foundation for the company’s future endeavours.
The exploration was arduous, with prospectors facing daunting challenges and geographical obstacles. However, their unwavering determination set the stage for what would become Calibre Mining Corp.
...A LEADING PLAYER IN THE MINING INDUSTRY, DRIVEN BY ITS VISIONARY LEADERSHIP...
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Calibre Mining Corp’s La Libertad mine, Nicaragua
The year 2019 marked a watershed moment in the company’s history. Two respected mining companies, B2Gold and Calibre Mining Corp, joined forces in a strategic merger. B2Gold contributed its Limon and La Libertad gold mines, the Pavon Gold Project, and other assets, while Calibre brought in its 100% interest in the El Limón and La Libertad mines, the Amalia Project, and several exploration properties. This merger created a formidable mining entity, poised for sustainable growth and profitability. Vice President Petri Salopera has been the driving force behind Calibre Mining Corp’s exceptional growth and sustainability-focused approach. With years of experience in the mining industry,
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Salopera has displayed remarkable vision and leadership skills in guiding the company towards success. His commitment to operational excellence, inclusive growth, and environmental stewardship has facilitated Calibre Mining Corp’s rise as a responsible mining conglomerate. Calibre Mining Corp’s operations in Nicaragua have made significant contributions to the country’s economic development and local communities. With a focus on discovering and developing high-quality gold deposits, the company has played a pivotal role in harnessing the country’s mineral resources in a sustainable manner. By adhering to rigorous environmental standards and
BUSINESS TIMES MAGAZINE OCTOBER 2023
granting priority to the welfare of the local inhabitants, Calibre Mining Corp has exemplified how responsible mining can generate positive socio-economic impacts.
Petri Salopera, Vice President, Calibre Mining
Specialists in developing Safe Mining Operations, with Quality, Social and Environmental Responsibility. Canchanya Ingenieros S.R.L. Peruvian company established in 1993, specialist in the comprehensive execution of underground atnd open pit mining operations.
Nicaragua Address: Residencial Las Colinas 1/2c above Plaza Isabella Calle Los Cocos Casa 110 Managua Telephone: +505 76567907 Peru Address: Industrial Separator Av. N°1910, La Molina - Lima
We are a company with a presence in mining projects in the stages of Development, Preparation and Exploitation of Mines, working with the best international standards.
Telephone: +511 7172709 / +51 998774172
We operate in Peru and Nicaragua with international certification: ISO45001, ISO14001, ISO9001.
Website: www.cis.com.pe
Email: contactenoscis@cis.com.ni hcanchanya@cis.com.pe
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FEATURE
TECHNOLOGY TRANSFORMATION: Calibre Mining Corp has embraced cutting-edge technologies to maximise operational efficiency, minimise environmental impact, and improve worker safety. The integration of automation, artificial intelligence, and advanced data analytics has revolutionised the mining process, enabling Calibre Mining Corp to extract minerals with precision and in an environmentally conscious manner. Furthermore, some of the technologies that the company uses include drone technology, geophysical surveys, and digital platforms. Through technology integration, Calibre Mining Corp has streamlined operations, increased accuracy, and reduced downtime, resulting in improved productivity and cost-efficiency. By reducing the ecological footprint, the company has set a new benchmark for sustainable mining practices in the industry.
IMPROVED INFRASTRUCTURE DEVELOPMENT An essential aspect of Calibre Mining Corp’s success is its dedication to improving infrastructure in the regions it operates. Recognizing the significance of robust infrastructure for socio-economic progress, the company has invested in building and upgrading transportation roads, networks, bridges, and other essential facilities. The investments in modern equipment and Infrastructure Development enhances transportation and logistical capabilities, Calibre Mining Corp ensures the smooth movement of minerals from the mine site to processing facilities and ultimately to the market. Improved infrastructure strengthens the company’s competitive edge and positions it for sustainable growth.
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Explotec Central America Explotec, is a leading company with
important civil works in the region.
tion processes, delivering quality and
more than 20 years of experience
We have large drilling rigs, with di-
efficient work.
in the Central American region,
ameters from 3” to 5.5” (efficiency in
focused on providing drilling, blast-
open pit mines). We are representa-
Explotec is licensed as a training centre
ing and sales services of industrial
tives of the brands BBURG, ENAEX,
for the use and handling of industrial
explosives.
AUSTIN POWDER, ROBIT, MINCON,
explosives, which is issued by the Direc-
ETKEN, MONARK.
torate of Arms, Explosives and Am-
Explotec together with 12 other
munition (DAEM). All our operations
companies that make up the group,
Our most important clients in recent
have occupational health and safety
have been part of a network of stra-
years have been:
licenses issued by the Ministry of Labor,
tegic allies to create integral solutions in mining projects in countries
respecting national and international 1.
Calibre Mining Corp (Mina el Li-
such as Nicaragua, Honduras, Costa
mon, Mina Pavón, Mina BOROSI,
Rica, Panama and El Salvador with
Santo Domingo)
the guarantee, commitment and efficiency required in any of the
2.
Mako Mining Corp. San Albino
assuming a leadership role as dynamic
Mine - Nicaragua
agents of the sustainable development
We offer a portfolio that includes
of the nation. Our interest is to form 3.
lubricants, drilling steels, explosives,
Lafarge-Holcim – Nicaragua / El
an executive culture based on values,
Salvador / Honduras / Costa Rica
principles, and ethics. We motivate
high performance mining equipment.
At Explotec we recognize that our role in society must transcend business,
challenges that are presented to us. high-tech construction equipment,
regulations.
and encourage our staff to meet their 4.
Constructora Meco – Nicaragua,
objectives in the most efficient way.
Costa Rica, El Salvador. We provide drilling and blasting services with specialized professionals
For more information about prod5.
Mina Mochito. - Honduras
ucts and services visit:
6.
Pedregal – Costa Rica
explotec.net
7.
Western Minerals - Honduras
to execute these tasks in any project: mines, roads, tunnels, demolitions, placement of anchors, soil consolidation, and waterproofing injections. Explotec has carried out, with great success, rock fragmentation
In our company we have built the
projects with the use of industrial
reputation of offering the best goods
explosives, explosion retardants and
and services in the market, without
expansive cement. In addition to all
forgetting corporate social responsibili-
the above, our services extend to the
ty, a principle promoted in recent years
transfer of explosives, with adequate
to contribute to social progress and the
transport, personnel, and security to
welfare of the public interest.
mitigate any type of risk. The professional excellence of the staff All the above could not be possible
extends to the planning of drilling
without our state-of-the-art equip-
and blasting designs, which allows to
ment for mining and the most
optimize the exploitation and opera-
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SUSTAINABILITY AND ENVIRONMENTAL STEWARDSHIP: A CONTINUING JOURNEY Calibre Mining Corp has doubled down on its commitment to sustainability and environmental stewardship and its commitment to sustainability extends beyond the mining processes and infrastructure development. The company actively seeks to minimise its environmental impact through land reclamation, biodiversity restoration, and water management projects. Furthermore, recognizing the importance of harmonious coexistence with local communities, the company has initiated numerous initiatives aimed at fostering positive relationships by implementing comprehensive social responsibility programs addressing healthcare, education, and local employment, thereby building strong relationships with the communities it operates in. This commitment to responsible mining practices aligns with its dedication to sustainability and environmental stewardship.
THIS COMMITMENT TO RESPONSIBLE MINING PRACTICES ALIGNS WITH ITS DEDICATION TO SUSTAINABILITY AND ENVIRONMENTAL STEWARDSHIP.
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FEATURE
THE FUTURE: A GLIMPSE OF PROMISE As Calibre Mining Corp looks ahead, its history serves as a foundation for a promising future and a testament to the enduring spirit of exploration, discovery, and responsible resource extraction. From its humble beginnings as intrepid prospectors venturing into uncharted territories to its present-day status as a dynamic mining entity, Calibre’s journey is a remarkable tale of evolution and growth. As it continues to forge ahead, guided by a commitment to sustainability and innovation, Calibre Mining Corp exemplifies the potential of the mining industry to shape a future that is both prosperous and responsible. With a portfolio of proven gold-producing assets, a commitment to sustainability, and a dedication to innovation, the company is well-positioned for continued growth and success. The challenges of the past have fortified Calibre, equipping it to navigate the complexities of the mining industry with resilience and determination.
FIND OUT MORE ABOUT CALIBRE MINING CORP CALIBREMINING.COM
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FEATURE
AL AIR NDER EELS BUSINESS-TIMESMEDIA.COM
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LOGISTICS
GLOBAL AIR CYLINDER WHEELS
REVOLUTIONISING MINING WITH INNOVATIVE AIR SUSPENSION TECHNOLOGY Project by: Malvern Kandemwa Words by: Michelle Duncan
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LOGISTICS
Dr Zoltan Kemeny, President & CEO, GACW
Global Air Cylinder Wheels (GACW) is an engineering company based in Phoenix, Arizona, which specialises in developing and producing the Air Suspension Wheel (ASW) for off-theroad (OTR) mining vehicles. The ASW is a revolutionary design that replaces the conventional rim, rubber tire and chain with a steel wheel that has in-wheel pneumatic suspension. The ASW offers many advantages over the traditional tires, such as increased durability, safety, stability, performance and environmental friendliness. The president and CEO of GACW is Dr. Zoltan Kemeny, an acknowledged expert in vehicle dynamics with over 44 years of experience in research and development and engineering. Dr. Kemeny holds degrees in structural dy-
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namics engineering, architecture and seismology, and owns and co-owns over 250 patents. He has built up four startups and exited with success and has been leading GACW since its inception in 2011. Kemeny’s vision is to create a product that can change the mining industry for the better, by reducing the costs, risks and environmental impacts of OTR tires. He has assembled a team of experts in the fields of suspension, steel manufacturing and treads, and has collaborated with partners from various sectors, such as mining companies, universities, government agencies and investors. He has also invested in testing and confirming the ASW at different mine sites around the world, such as South Africa, Australia and the USA.
BUSINESS TIMES MAGAZINE OCTOBER 2023
FEATURE
CT Hydraulics (Nqoba) Pty Ltd ‘Quality in Hydraulics’ CT Hydraulics Specialise in the design, manufacturing, reconditioning and repair of all types of hydraulic, pneumatic cylinders and components. All repairs to hydraulic equipment are done in-house, to the highest OEM specifications. CT Hydraulics is affiliated to most of the OEMs in Southern Africa in the mining industry and often our design improvement recommendations are implemented worldwide. The group was awarded the coveted SABS Certification in January 1989, the first company to be accredited in South Africa.
We have been instrumental in the design of the GACW cylinders as well as being specialists in mobile crane cylinder repairs. Fully computerised test benches capable of testing up to 600 Bar and water testing facility up to 300 Bar. Our vertical & horizontal honing machines, honing up to 750mm diameter and 12m length. We offer Training through CT Fluid Power Training and Consultants in Basic and advanced hydraulics, troubleshooting, hydraulic design, maintenance, and repairs. CT Hydraulics are also importers & distributors of PSI Pneumatic cleaning systems and Triple R Bypass filtration systems. Our Head Office is based in Germiston with branches in Northern Cape, Richards Bay and Namibia.
CT Hydraulics is accredited with ISO 9001:2015 quality system. www.cthydraulics.com michael@cthydraulics.co.za +27 11 873 2342 Corner Melville & Sharland Rd, Driehoek, Germiston, Johannesburg South Africa
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LOGISTICS
The ASW works by combining an inner steel hub with an outer steel drum, which are connected by twelve nitrogen-filled cylinders and six oil dampers that supply suspension. The outer drum can be fitted with bolt-on customised polyurethane or steel treads, which can be replaced without removing the wheel. The ASW is engineered to replicate the tire size, load-bearing ability (or more if desired) and deflection of the conventional tires. It is also designed to cope with up to 50% lateral side load, making it more stable and safer than rubber tires in sharp corners. These wheels, engineered to perfection under Kemeny’s leadership, have reshaped the mining landscape. Unlike traditional solid wheels, GACW’s air suspension wheels use advanced pneumatic technology, offering many advantages:
STRUCTURE:
THE W REINVE
The ASW consists of an inner steel hub and an outer steel drum, which are connected by twelve nitrogen-filled cylinders and six oil dampers that supply suspension. The outer drum can be fitted with bolt-on customised polyurethane or steel treads. Whilst in comparison other airless tires such as Michelin Uptis use a flexible load-bearing structure made from glass fibre reinforced plastic (GFRP) that surrounds the wheel. Some airless tires for example Tannus Portal2 are standalone tires that are held to rims using individual clips.
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FEATURE
APPLICATION: The ASW is engineered to replicate the tire size, load-bearing ability and deflection of the conventional tires used on OTR mining vehicles. It can run at higher speeds, loads and temperatures than the conventional tires, without compromising safety or comfort. It can also cope with up to 50% lateral side load, making it more stable and safer than rubber tires in sharp corners. Whilst most on the market are intended for passenger vehicles or bicycles, which have different performance and safety requirements than OTR mining vehicles.
WHEEL, ENTED...
BENEFITS:
The ASW has many benefits over the conventional tires, such as longer lifespan, lower maintenance, higher performance, greater safety and less environmental impact. It reduces the consumption of rubber, steel and fuel that are associated with the production, transportation and disposal of the conventional tires. It also reduces the emissions of greenhouse gases and particulate matter that are generated by the burning or dumping of the con-ventional tires.
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REVOLUTIONARY DESIGNS: ENHANCING EFFICIENCY
fuel efficiency, reduced emissions, and overall cost savings for mining companies.
Under Zoltan Kemeny’s leadership, GACW has pushed the boundaries of design in the mining sector. The company’s air suspension wheels boast a sleek and efficient design that reduces drag and energy consumption. This innovation translates into improved
Beyond its air suspension wheels, Global Air Cylinder Wheels has developed revolutionary designs that address the specific needs and challenges of mining operations. Their designs focus on perfecting efficiency, enhancing safety, and minimising environmental
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impact. By integrating innovative technologies and materials, such as lightweight alloys and advanced tire compounds, Global Air Cylinder Wheels is transforming the way mining equipment works. To drive innovation Global Air Cylinder Wheels invests heavily in research and development, harnessing the latest advance-
ments in technology. By embracing emerging technologies such as IoT, data analytics, and automation, the company continuously enhances its mining solutions. These technologies ease real-time monitoring, predictive maintenance, and perfected operational performance, resulting in improved efficiency and cost-effectiveness.
In addition to technological advancements, Global Air Cylinder Wheels is committed to supplying innovative mining solutions that prioritise sustainability and environmental responsibility. By reducing equipment maintenance and improving tire longevity, their air suspension wheels contribute to lower energy consumption and reduced waste. This commitment aligns with the mining industry.
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Dr. Zoltan Kemeny has redefined the mining industry with his visionary leadership and innovative solutions. GACW’s revolutionary air suspension wheels, driven by innovative technology and sustainable design, have transformed mining operations, enhancing efficiency, safety, and environmental responsibility. Kemeny’s unwavering commitment to innovation and sustainability ensures that GACW continues to pioneer a way forward in the mining sector, leaving an indelible mark on the industry’s future. Their mission is to supply sustainable solutions that increase productivity, recovery, and flexibility throughout the mining operations. Pioneering in the field of air suspension wheels for OTR mining vehicles and this has a strong potential to grow and expand its market share globally. With its innovative technology, experienced leadership and dedicated team, GACW is poised to revolutionise the mining industry and create a positive impact on society and the environment.
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