Latest news with #2PointZero
Yahoo
23-05-2025
- Business
- Yahoo
EPointZero and IRH sign MOU to decarbonise mining operations
EPointZero, the decarbonisation platform of 2PointZero, has signed a memorandum of understanding (MOU) with International Resources Holding (IRH), a mine-to-market platform and subsidiary of 2PointZero, to jointly advance the full decarbonisation of IRH's global mining operations. The MOU was signed by Mohamed Hesham, group chief investment officer of 2PointZero, and Ali AlRashdi, CEO of International Resources Holding, during the Make it in the Emirates event. The agreement targets the decarbonisation of IRH's operations, beginning with the Mopani Copper Mines in Zambia, in which IRH acquired a 51% stake in March last year. EPointZero and IRH will establish a joint taskforce to implement decarbonisation measures, starting with a comprehensive carbon baseline assessment. The goal is to create a phased road map towards net-zero operations, encompassing all aspects of mining, smelting, logistics and auxiliary services. 2PointZero's group CEO Mariam Almheiri said: 'Decarbonising legacy sectors requires more than capital, it takes alignment, execution and a clear view of the future. This collaboration demonstrates how our dynamic value network enables exactly that, connecting capabilities across our portfolio to unlock real transformation. 'By aligning renewable energy, technology and resources, we are not only accelerating low-carbon mining, we are advancing our mission to build smarter, more sustainable industrial systems for the future.' The partnership will leverage EPointZero's renewable energy access, advanced storage infrastructure and AI analytics to expedite decarbonisation and improve operational efficiency. The decarbonisation strategy will focus on energy consumption and broader operational efficiencies including fleet electrification, waste reduction and AI-driven resource management. The initial phase will integrate on-site renewable energy and intelligent infrastructure to minimise environmental impact. AlRashdi said: 'Zambia is a strategic hub for IRH, and Mopani represents a cornerstone of our commitment to building a modern, competitive mining platform in Africa. This partnership reflects our mandate to integrate decarbonisation into our operations from day one and set a new benchmark for sustainability in resource development.' Both companies are also exploring sustainable practices such as water reuse, waste minimisation and responsible sourcing. These efforts support Zambia's long-term development goals and aim to establish a new standard for responsible mining in the region. "EPointZero and IRH sign MOU to decarbonise mining operations" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Zawya
23-05-2025
- Business
- Zawya
EPointZero, International Resources Holding sign deal to decarbonise global mining operations
ABU DHABI - EPointZero, the decarbonisation platform of 2PointZero, and International Resources Holding (IRH), a leading mine-to-market platform and subsidiary of 2PointZero, have signed a Memorandum of Understanding (MoU) to jointly advance the full decarbonisation of IRH's global mining operations. The agreement was signed during 'Make it in the Emirates' by Mohamed Hesham, Group Chief Investment Officer of 2PointZero, and Ali AlRashdi, CEO of IRH. The signing was witnessed by Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, Syed Basar Shueb, CEO and Managing Director of International Holding Company (IHC); and Mariam Almheiri, 2PointZero's Group CEO. As part of the MoU, EPointZero and IRH will initially target Mopani Copper Mines, where IRH acquired a 51% stake in March 2024, a transaction that cemented IRH's commitment to long-term growth and sustainable development in the mining and minerals space. It also follows EPointZero's landmark 1 GWh energy storage deal with UAE-based Enercap by Apex Energy, announced on 19 May 2025 at Make it in the Emirates. That transaction, among the largest of its kind globally, gives EPointZero immediate access to cutting-edge, non-chemical supercapacitor storage technology, positioning it to deploy advanced energy systems at scale across mining and industrial operations. Mariam Almheiri commented, 'Decarbonising legacy sectors requires more than capital, it takes alignment, execution, and a clear view of the future. This collaboration demonstrates how our dynamic value network enables exactly that, connecting capabilities across our portfolio to unlock real transformation. By aligning renewable energy, technology, and resources, we're not only accelerating low-carbon mining, we're advancing our mission to build smarter, more sustainable industrial systems for the future.' Under the terms of the MoU, EPointZero and IRH will establish a dedicated joint taskforce to identify, assess, and implement decarbonization measures across IRH's operations in Zambia, beginning with Mopani Copper Mines. This will include a holistic carbon baseline assessment that spans mining, smelting, logistics, and auxiliary services, providing the analytical foundation for a phased roadmap toward net-zero operations. Ali AlRashdi commented, 'Zambia is a strategic hub for IRH, and Mopani represents a cornerstone of our commitment to building a modern, competitive mining platform in Africa. This partnership reflects our mandate to integrate decarbonization into our operations from day one and set a new benchmark for sustainability in resource development.' At the centre of this effort is 2PointZero's dynamic value network, an ecosystem designed to connect capabilities across its portfolio and unlock cross-sector value creation. By linking IRH's upstream mineral operations with EPointZero's access to renewable energy, advanced storage infrastructure, and AI-driven analytics, the dynamic value network becomes the mechanism through which this partnership accelerates decarbonization, reduces system inefficiencies, and delivers scalable outcomes for Zambia and beyond. The decarbonisation strategy will address not only energy consumption but also broader operational efficiencies, from electrifying fleet and machinery, to reducing waste and emissions across the production cycle, to embedding AI-driven tools for predictive resource management and real-time emissions monitoring. The initial focus will be on integrating on-site renewable energy sources, optimising grid interactions, and introducing intelligent infrastructure that can adapt to demand fluctuations while minimising environmental impact. At the same time, both companies are exploring circular models for water reuse, waste minimisation, and sustainable sourcing. These efforts are intended to align with Zambia's long-term development, while setting a new benchmark for responsible mining in the region.
UAE Moments
22-05-2025
- Business
- UAE Moments
Make It in the Emirates 2025 - UAE's Manufacturing Future
Make It in the Emirates 2025 returns from May 19 to 22, bringing together the brightest minds and biggest players in the UAE's industrial sector. Hosted in Abu Dhabi, the event highlights the nation's ambitious vision for a future shaped by innovation, sustainability, and local talent. With dynamic exhibitions and expert-led discussions, this year's edition is set to reinforce the UAE's position as a global manufacturing powerhouse. What Is Make It in the Emirates 2025? Running from May 19 to May 22, Make It in the Emirates 2025 is a premier manufacturing and industrial event that brings together local and international stakeholders to explore investment opportunities, foster innovation, and strengthen the UAE's position as a global hub for advanced manufacturing. The event reflects the UAE's drive toward economic diversification and sustainable development. Exhibitors at the Event This year's exhibitor lineup features a diverse mix of businesses, from innovative startups to well-established industry leaders. Key participants include 2PointZero, Aaraya Chocolates, Abu Dhabi Chamber of Commerce & Industry, Abu Dhabi Commercial Bank (ADCB) PJSC, and Abdulla Albanna Meat Products Manufacturing, among others. These exhibitors represent the UAE's growing industrial capabilities across sectors like food production, finance, technology, and traditional manufacturing. 2025 Agenda Highlights Make It in the Emirates 2025 features a powerful three-day agenda designed to spotlight the UAE's commitment to industrial innovation and sustainable growth. Each day tackles a key pillar shaping the country's manufacturing landscape. Day 1: UAE's Vision – Shaping the Future of Manufacturing The event kicks off with a deep dive into the UAE's national strategy for industrial development. Day 1 explores how strategic planning, infrastructure investment, and public-private collaboration are shaping a resilient and future-ready manufacturing landscape. Government leaders and industry pioneers will discuss roadmaps that align with Vision 2031 and the 'Operation 300bn' initiative. Day 2: The Impact of the National ICV and Upskilling Talent Day 2 focuses on the National In-Country Value (ICV) Program and the UAE's ongoing efforts to boost local workforce capabilities. Discussions will center on creating meaningful employment, enhancing Emirati skillsets through education and training, and increasing the ICV score among companies. This day underscores the importance of human capital in driving innovation and industrial growth. Day 3: Smart Manufacturing – Industry 4.0 & AI The final day is all about the future: smart manufacturing, automation, and artificial intelligence. Speakers and exhibitors will highlight breakthroughs in robotics, AI-driven analytics, and digital twin technologies. The agenda emphasizes how UAE-based industries are embracing Industry 4.0 to boost efficiency, quality, and sustainability in production. How to Join and Visit Make It in the Emirates 2025 Attending Make It in the Emirates 2025 is straightforward and free for all visitors. The event runs from May 19 to 22, 2025, at the ADNEC Centre in Abu Dhabi. Here's how you can be a part of it: Visit the Official Registration Portal: Go to the Make It in the Emirates 2025 Visitor Registration page. Complete the Registration Form: Fill in your personal and professional details, including your name, email, company, nationality, and Emirates ID or passport number. Submit and Confirm: After submitting the form, you'll receive a confirmation email with your digital badge and further instructions. Read More: All You Need to Know About Abu Dhabi Book Fair Make It in the Emirates 2025 reflects the UAE's bold vision to become a global leader in manufacturing and innovation. From empowering local talent to embracing AI and Industry 4.0, the event highlights key strategies shaping the future. It's more than an exhibition—it's a national movement driving sustainable growth, investment opportunities, and long-term economic resilience.
Al Etihad
22-05-2025
- Business
- Al Etihad
EPointZero, International Resources Holding sign MoU to decarbonise global mining operations
ABU DHABI (WAM) EPointZero, the decarbonisation platform of 2PointZero, and International Resources Holding (IRH), a leading mine-to-market platform and subsidiary of 2PointZero, have signed a Memorandum of Understanding (MoU) to jointly advance the full decarbonisation of IRH's global mining operations. The agreement was signed during 'Make it in the Emirates' by the Group Chief Investment Officer of 2PointZero, Mohamed Hesham, and CEO of IRH Ali AlRashdi. The signing was witnessed by Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, Syed Basar Shueb, CEO and Managing Director of International Holding Company (IHC); and Mariam Almheiri, 2PointZero's Group CEO. As part of the MoU, EPointZero and IRH will initially target Mopani Copper Mines, where IRH acquired a 51% stake in March 2024, a transaction that cemented IRH's commitment to long-term growth and sustainable development in the mining and minerals space. It also follows EPointZero's landmark 1 GWh energy storage deal with UAE-based Enercap by Apex Energy, announced on 19 May 2025 at Make it in the Emirates. That transaction, among the largest of its kind globally, gives EPointZero immediate access to cutting-edge, non-chemical supercapacitor storage technology, positioning it to deploy advanced energy systems at scale across mining and industrial operations. Almheiri commented, 'Decarbonising legacy sectors requires more than capital; it takes alignment, execution, and a clear view of the future. This collaboration demonstrates how our dynamic value network enables exactly that, connecting capabilities across our portfolio to unlock real transformation. By aligning renewable energy, technology, and resources, we're not only accelerating low-carbon mining, we're advancing our mission to build smarter, more sustainable industrial systems for the future.' Under the terms of the MoU, EPointZero and IRH will establish a dedicated joint task force to identify, assess, and implement decarbonisation measures across IRH's operations in Zambia, beginning with Mopani Copper Mines. This will include a holistic carbon baseline assessment that spans mining, smelting, logistics, and auxiliary services, providing the analytical foundation for a phased roadmap toward net-zero operations. AlRashdi commented, 'Zambia is a strategic hub for IRH, and Mopani represents a cornerstone of our commitment to building a modern, competitive mining platform in Africa. This partnership reflects our mandate to integrate decarbonisation into our operations from day one and set a new benchmark for sustainability in resource development.' At the centre of this effort is 2PointZero's dynamic value network, an ecosystem designed to connect capabilities across its portfolio and unlock cross-sector value creation. By linking IRH's upstream mineral operations with EPointZero's access to renewable energy, advanced storage infrastructure, and AI-driven analytics, the dynamic value network becomes the mechanism through which this partnership accelerates decarbonisation, reduces system inefficiencies, and delivers scalable outcomes for Zambia and beyond. The decarbonisation strategy will address not only energy consumption but also broader operational efficiencies, from electrifying fleet and machinery, to reducing waste and emissions across the production cycle, to embedding AI-driven tools for predictive resource management and real-time emissions monitoring. The initial focus will be on integrating on-site renewable energy sources, optimising grid interactions, and introducing intelligent infrastructure that can adapt to demand fluctuations while minimising environmental impact. At the same time, both companies are exploring circular models for water reuse, waste minimisation, and sustainable sourcing. These efforts are intended to align with Zambia's long-term development, while setting a new benchmark for responsible mining in the region.
Zawya
22-05-2025
- Business
- Zawya
EPointZero and International Resources Holding sign MOU to decarbonize global mining operations
RELATED TOPICS UAE RELATED COMPANIES Lunate Capital IHC Chimera Inv IRH Advanced Technol EnerCap Capital Abu Dhabi, UAE: EPointZero, the decarbonization platform of 2PointZero, and International Resources Holding (IRH), a leading mine-to-market platform and subsidiary of 2PointZero, have signed a Memorandum of Understanding (MOU) to jointly advance the full decarbonization of IRH's global mining operations. The agreement was signed on 22 May 2025 during Make it in the Emirates by Mohamed Hesham, Group Chief Investment Officer of 2PointZero, and Ali AlRashdi, CEO of International Resources Holding. The signing was witnessed by H.E. Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, International Holding Company's (IHC) CEO and Managing Director, Syed Basar Shueb, and H.E. Mariam Almheiri, 2PointZero's Group CEO. As part of the MoU, EPointZero and IRH will initially target Mopani Copper Mines, where IRH acquired a 51% stake in March 2024, a transaction that cemented IRH's commitment to long-term growth and sustainable development in the mining and minerals space. It also follows EPointZero's landmark 1 GWh energy storage deal with UAE-based Enercap by Apex Energy, announced on 19 May 2025 at Make it in the Emirates. That transaction, among the largest of its kind globally, gives EPointZero immediate access to cutting-edge, non-chemical supercapacitor storage technology, positioning it to deploy advanced energy systems at scale across mining and industrial operations. H.E. Mariam Almheiri, 2PointZero's Group CEO, commented: 'Decarbonizing legacy sectors requires more than capital, it takes alignment, execution, and a clear view of the future. This collaboration demonstrates how our dynamic value network enables exactly that, connecting capabilities across our portfolio to unlock real transformation. By aligning renewable energy, technology, and resources, we're not only accelerating low-carbon mining, we're advancing our mission to build smarter, more sustainable industrial systems for the future.' Under the terms of the MOU, EPointZero and IRH will establish a dedicated joint taskforce to identify, assess, and implement decarbonization measures across IRH's operations in Zambia, beginning with Mopani Copper Mines. This will include a holistic carbon baseline assessment that spans mining, smelting, logistics, and auxiliary services, providing the analytical foundation for a phased roadmap toward net-zero operations. Ali AlRashdi, IRH's CEO, commented: 'Zambia is a strategic hub for IRH, and Mopani represents a cornerstone of our commitment to building a modern, competitive mining platform in Africa. This partnership reflects our mandate to integrate decarbonization into our operations from day one and set a new benchmark for sustainability in resource development.' At the center of this effort is 2PointZero's dynamic value network, an ecosystem designed to connect capabilities across its portfolio and unlock cross-sector value creation. By linking IRH's upstream mineral operations with EPointZero's access to renewable energy, advanced storage infrastructure, and AI-driven analytics, the dynamic value network becomes the mechanism through which this partnership accelerates decarbonization, reduces system inefficiencies, and delivers scalable outcomes for Zambia and beyond. The decarbonization strategy will address not only energy consumption but also broader operational efficiencies, from electrifying fleet and machinery, to reducing waste and emissions across the production cycle, to embedding AI-driven tools for predictive resource management and real-time emissions monitoring. The initial focus will be on integrating on-site renewable energy sources, optimizing grid interactions, and introducing intelligent infrastructure that can adapt to demand fluctuations while minimizing environmental impact. At the same time, both companies are exploring circular models for water reuse, waste minimization, and sustainable sourcing. These efforts are intended to align with Zambia's long-term development, while setting a new benchmark for responsible mining in the region. About 2PointZero 2PointZero, a subsidiary of IHC (International Holding Company) was founded in 2023 as a transformational investment platform focused on making strategic investments in emerging technologies and future-sustaining businesses to create a globally diversified and resilient portfolio. 2PointZero brings together a suite of innovative and established UAE subsidiaries, including Chimera Investments, Lunate Capital, Beltone, Sagasse and International Resources Holding (IRH) under one transformative umbrella, placing 2PointZero at the forefront of key sectors including financial services, consumer goods, mining resources, technology and energy. Our Dynamic Value Network is sector agnostic, allowing it to connect capabilities across our portfolio to unlock new pathways for growth and create measurable value for investors while empowering communities, fostering sustainable ecosystems, and driving groundbreaking technological advancements. About IRH: International Resources Holding (IRH) is the mining vertical arm and subsidiary of 2 Point Zero based in Abu Dhabi, UAE. A dynamic and diversified conglomerate focusing on unlocking the mineral value chain in Upstream, Midstream and Downstream processes, enhancing in-country value addition across Africa and beyond, and successfully forging comprehensive ecosystems through strategic collaborations with various national governments. IRH's strategic interest is to focus on energy transition minerals such as (Copper, Cobalt, Nickel, Manganese & Graphite), Rare earth metals & 3T (Tin, Tantalum & Tungsten). IRH has a full technical team of professionals including but not limited to geologists, mining engineers, geophysicists, metallurgists & financial analysts with experience across 26 commodities.
