Latest news with #EPointZero
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.
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.
Al Etihad
19-05-2025
- Business
- Al Etihad
UAE: EPointZero signs 1 GWh deal with Enercap by Apex Energy
19 May 2025 19:57 ABU DHABI (WAM)EPointZero, the decarbonisation arm of 2PointZero, a global investment platform, on Monday announced the strategic purchase of a 1 GWh battery system from UAE-based Enercap by Apex Energy, the supercap energy storage transaction represents a bold move to fortify global energy transition frameworks and scale resilient infrastructure to accelerate a net-zero agreement was signed at the Make it in the Emirates 2025 by Mariam Almheiri, Group CEO of 2PointZero and Ahmed Amer Omar, Managing Director of Apex Investment PSC and agreement signing was witnessed by Mohamed Hesham, Group CIO of 2PointZero, Waseem Ashraf Qureshi, CEO-CTO & Inventor Enercap by Apex Energy and Khalifah Khoury Chairman, Enercap by Apex Energy, reflecting a strong institutional alignment and a shared commitment to advancing clean energy innovation in the UAE and industry leading energy storage system is set for deployment across electrical grids in the UAE, accelerating the energy transition and the pathway to Net proprietary storage solution, based on supercapacitor innovation, offers the world's first non-chemical, electrostatic energy storage system that functions with traits of capacitor-based capabilities that can now behave like batteries. This technology is the first of its kind to be launched globally on an industrial on the transaction, Mariam Almheiri said, 'This investment marks an important step in advancing our mission to catalyse the global transition to low-carbon energy. At EPointZero, we are committed to enabling next-generation infrastructure that is not only cleaner, but also smarter and more resilient. Partnering with Enercap allows us to embed cutting-edge storage capabilities into energy systems that must be scalable. This is how we drive tangible progress—by aligning breakthrough innovation with long-term sustainability goals.'Mohamed Hesham added, ''This partnership represents a pivotal opportunity in aligning our portfolio with emerging technologies and energy solutions. By leveraging Enercap's offering, we position ourselves to deliver long-term decarbonising solutions to the energy sector while staying ahead in the evolving landscape. This is not just a financial commitment, but a strategic milestone that aligns perfectly with the UAE's vision for innovation and sustainable growth.''Ahmed Amer Omer said, ''We are pleased to collaborate with EPointZero on this milestone initiative that brings advanced energy storage solutions to the forefront of global sustainability efforts with technology designed, developed and manufactured in the UAE. Our technology is designed to meet the growing need for efficient, scalable, and environmentally responsible storage infrastructure.' The transaction underscores the UAE's continuous leadership in responsible investments, reaffirming the commitment to fostering future economies through strategic innovation. Make it in the Emirates Continue full coverage
Trade Arabia
18-02-2025
- Business
- Trade Arabia
Masdar, TotalEnergies, EPointZero sign deal to drive clean energy in Africa, Asia
Abu Dhabi Future Energy Company (Masdar), the UAE's clean energy leader, TotalEnergies and EPointZero, the decarbonisation arm of 2PointZero, a transformational global investment platform, have signed a Framework for Action (FFA) agreement to drive access to clean energy in emerging markets and developing economies in Africa and Asia. Under the agreement, Masdar and TotalEnergies will strengthen their cooperation to provide reliable and sustainable electricity to local communities in Africa and support its long-term energy systems transformation, and to jointly develop some new clean energy opportunities in Southeast Asia. TotalEnergies and EPointZero will explore partnership opportunities to support India's clean energy ambitions, including through solar, wind and energy storage, to contribute to the country's decarbonisation efforts. The FFA signing was witnessed by Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and Chairman of Masdar, Patrick Pouyanné, Chairman and CEO of TotalEnergies, and Mariam Almheiri, Group CEO of 2PointZero. The agreement was signed at the third plenary meeting of the UAE-France High-Level Business Council in Paris on February 16 by Masdar's Chief Executive Officer, Mohamed Jameel Al Ramahi, Stéphane Michel, TotalEnergies President for Gas Renewable and Power, and Peter Abraam, Chief Strategy and Growth Officer of IHC. The FFA brings together these major companies under the Council's umbrella to work together to expand their capabilities and increase access to clean energy in emerging markets and developing economies in Africa and Asia. Commenting on the agreement, Mohamed Jameel Al Ramahi, CEO, Masdar, said: 'Enabled by the strength of the UAE-France bilateral relationship, Masdar is proud to be working with TotalEnergies to help deliver clean energy access across Southeast Asia and Africa. This agreement reflects our shared commitment to empowering local communities, driving socio-economic growth and sustainable progress, and advancing the global energy transformation. It is heartening to see the UAE-France Framework for Cooperation in Artificial Intelligence signed last week, and we look forward to continuing to utilize cutting-edge clean energy technologies to drive access and sustainable growth.' Stéphane Michel, President for Gas Renewable and Power of TotalEnergies, said: 'By supporting the development of the country's oil and gas reserves, TotalEnergies has been a key partner of Abu Dhabi for more than 80 Years. We are now delighted to extend our partnership with Abu Dhabi to the development of renewable energies in emerging markets in Asia and Africa. Combining the strengths, expertise and reach of Masdar, EPointZero and TotalEnergies will certainly enable each partner to accelerate their growth and improve the quality of their investment in those fast-developing markets where renewable energies are key to those countries' energy transition.' Mariam Almheiri Group CEO of 2PointZero, said: 'This partnership deepens UAE-France ties and advances our shared commitment to advancing the global energy transition. By combining the expertise of Masdar, TotalEnergies, and EPointZero, we are expanding clean energy access in emerging markets, accelerating decarbonization, and driving economic growth. Our collaboration across India, Africa, and Asia will scale up renewables and energy storage, ensuring reliable, sustainable power for millions. Together, we are building a cleaner, more resilient world."
