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An insight into platinum mining

Processing platinum ore into metallic powder is a highly complex task

It requires a huge amount of machinery and energy, and efficiency improvements can result in significant cost savings. Tim Probert visits the recently commissioned Mogalakwena North platinum mine in South Africa to find out how Anglo American has improved output at the largest single stream platinum concentrator in the world.

Platreef ore is tough stuff. Very hard and variable. If it was not the largest source of platinum group metals (PGM) in the world, it would perhaps be better left alone.

The Platreef is part of northern South Africa’s Bushveld Complex, which also contains the Merensky Reef and the Upper Group 2 Reef. Unlike the other reefs, which are narrow, usually less than one metre thick and mined underground, open-pit methods are used to mine the Platreef, which varies between five and 90 m in thickness.Picture_2_of_the_Mogalakwena_Mine_in_Limpopo_province_South_Africa._Copyright_ABB._Feed_silo_and_conveyor_belt

Anglo Platinum has been mining platinum at Mogalakwena, formerly named Potgietersrust, since 1993. Mining Platreef platinum ore at Mogalakwena, 320 km north of Johannesburg, is easy. Daily blasts at the open-cast mine break open the Platreef to extract the ore. Then the hard work of processing this metres-thick rock into millimetres-thin metallic powder begins.

Most of the work is performed at a concentrator, usually sited adjacent to a platinum mine. Concentrating reduces the volume of ore requiring expensive pyrometallurgical processes at the smelters and refineries to separate the individual metals. In order to concentrate the material, the platinum ore is by turn crushed, milled and then chemically treated to separate the precious metals from dust and other waste products.

Other precious metals like gold, copper and nickel talk about concentration in ores in percentages, but for platinum it is in parts per million.  Furthermore, the concentration of platinum, or head grade, in Platreef ore is significantly lower than other South African reefs; it varies anywhere between 2.2 and 3.5 grammes/tonne, compared to the five grammes/tonne typical of the Marensky reef near Rustenburg. Based on a typical conversion rate of 25 per cent, it requires a staggering 40 tonnes of Platreef ore to produce just one ounce of platinum.

New pit and concentrator
In 2006, with the original Sandsloot pit approaching the end of its life, Anglo American, owners of Anglo Platinum, decided to invest in a new pit and concentrator, named Mogalakwena North. Anglo Platinum designed the concentrator to be the world’s largest single stream platinum concentrator, with an ore processing capacity of 600,000 tonnes per month.

In order to achieve such a high capacity with a high-risk, single stream plant, ie all the ore undergoes primary milling and then secondary milling in sequence, Anglo Platinum required some ground-breaking technology. Having suffered throughput problems due to the extreme hardness and variable quality of Platreef ore, Anglo Platinum explored methods to improve its platinum recovery rate and operational efficiency with the new facility at Mogalakwena North.

Picture_3_of_the_Mogalakwena_Mine_Copyright_ABB._Platinum_ore_is_conveyed_from_the_feed_silos_to_the_primary_crusherUltimately, Anglo Platinum decided against the traditional four-stage crushing process used at its other concentrators and instead took the bold decision to replace the third and fourth crushing stages with a high pressure grinding roll (HPGR) crusher. Usually the preserve of copper mining, this was the first time that an HPGR crusher had ever been utilised in platinum mining.

Anglo Platinum claims several other firsts for Mogalakwena North, which was commissioned in 2009. The plant is running between 900 and 1,000 tonnes of ore per hour into the mill, a world best for platinum, according to section engineering manager Natalie Fourie. Mogalakwena North also has the biggest primary gyratory crusher in the world, weighing 480 tonnes with an 18 m diameter and 1 MW motor.

The concentrator also sees the first use by Anglo Platinum of gearless mill drives (GMD), in this instance made by Swiss engineering firm ABB. The drives are powered by a 17.5 MW motor, five times a similarly-sized throughput mill, says Fourie.

At a diameter of eight metres, Mogalakwena North’s GMDs were the largest installed in the world, but they have since been superseded by a 12 m diameter drive in Australia. Mogalakwena North also has the biggest single stream centrifugal blower installation in Africa and the biggest mill discharge pumps in South Africa.

Concentrating process
The freshly-blasted rock is loaded by gigantic hydraulic shovels, again the world’s largest, onto trucks for transport to the primary crusher. All material tipped directly from the trucks into the primary crusher has to be smaller than one square metre. Material from the primary crusher goes through secondary crushing until it is less than 65 mm thick.

From there the ore goes through tertiary crushing via the aforementioned HPGR crusher supplied by ThyssenKrupp Polysius. Unlike normal jaw crushers that strike the rock or cone crushers which rotate, HPGRs utilise two, 100 tonne rolls adorned with studs 25 mm in diameter and 35 mm in length.Picture_of_a_concentrator_at_the_Mogalakwena_Mine_in_Limpopo_province_South_Africa._Primary_mill._Copyright_ABB

The rolls, each powered by a 2.8 MW motor, turn at 20 rpm, with one fixed in position while the other moves horizontally to adjust the gap. The crushing force is exerted hydraulically on the moving roll, with pressurised nitrogen acting as a spring. The initial gap is set to accept the largest particle size in the feed and thereafter the pressure is adjusted hydraulically to maintain interparticle crushing in the area between the rolls.

Fourie said the HPGR is working extremely well. “It gives a very fine product that gives us a lot more flexibility in milling,” she said. “A normal tertiary crusher would not be able to reduce the size of the ore to just eight millimetres.”

Fourie said the novel usage of an HPGR crusher for platinum concentrating has not been without problems. “The HPGR is a highly sophisticated machine that has a great deal of interlocks. When it decides not to play nicely, I have sleepless nights. If the rolls are not exactly parallel or the pressures are not exactly equal, the machine will simply refuse to start up.”

Due to various problems at Mogolakwena North, including frequent ore conveyor belt breakdowns, problems with the GMDs and HPGR crusher, it has taken Anglo Platinum nearly three years to achieve the plant’s stated throughput capacity of 600,000 tonnes per month.

“Few engineers contracted to work with Amplats have experience of GMDs or HPGRs. But if I have a problem with a conveyor belt, I can call 20 people,” said Fourie. “If we have a problem with an HPGR, I have to get hold of the original equipment manufacturer (OEM). As this is the first utilisation of HPGRs with hard rock mining, the OEM is also going through a learning process. It’s a lesson learned for the whole of Anglo American. We now get visitors from Anglo American engineers from around the world to learn how to use an HPGR.”

From the HPGR crusher, the platinum slurry is fed to the GMD, in which steel balls grind the material. The primary milling grind is rated at 55 per cent at <75 microns; the secondary grind is rated at 80 per cent at <75 microns. Grinding the material in this way exposes the platinum and other precious metals so they can react with the reagents in the flotation chamber and disperse into individual materials.

Fourie said the GMD, used for the first time by Anglo Platinum, has been a success. “The flexibility cannot be underestimated,” she said. “As it has fewer mechanical moving parts the mill can be slowed down and sped up like a dimmer switch. It’s proven to be more reliable than standalone motors.”

Crushers_ogalakwenaAgain, however, utilising novel technology has not been without problems. “At the whiff of moisture the motor trips to avoid catastrophic failure,” said Fourie. “We’ve had to make modifications to the outside of the GMD in order to enable exterior washing and reduce the likelihood of slurry clogging.”

After milling, the slurry is then placed in flotation cells for separating via reagents and hot air, while the waste material falls into a trough, ready for disposal.  The valuable concentrate is thickened and then filtered at high pressure to remove water.

Before being transported to Anglo Platinum’s smelter in Polokwane 65 km away, the fine powder is finally put through an IsaMill, which grinds the material to less than 75 microns. By now the ‘finished’ powder has a concentration of 60 grammes/tonne, compared to the three grammes/tonne contained in the freshly-blasted ore.

Mogalakwena North produces 11,000 to 12,000 ounces of platinum per month. Platinum accounts for around 50 per cent of Mogalakwena North’s total output, with palladium accounting for 40 per cent and 10 per cent for all other minerals, including gold, copper, rhodium, ruthenium, iridium, nickel and cobalt.

Power supply problems
It is estimated the HPGR provides Anglo Platinum with an energy saving of 15-20 per cent versus four-stage conventional crushing. When Mogalakwena North alone consumes a colossal 33,000 MWh of electricity per month, this is no small amount.

Fourie said the mine’s power supplies can be highly unstable. South Africa’s state power utility Eskom is contracted to supply 11 kV, but this can occasionally drop to 10.8 kV or increase to 11.2 kV. As concentrators become ever more highly automated, the plant’s equipment is sensitive to fluctuations in power voltage and more likely to trip.

Until it installed voltage ride-through technology that allows the GMDs, which are particularly sensitive to changes in power quality, to keep rotating until they catch up with the power supply, Mogalakwena North suffered six to eight trips per month. Some are unavoidable when the voltage dips too low for the concentrator to keep operating, said Fourie, but it now suffers just two trips per month on average.

In 2008 South Africa was struck by a near two-week blackout, affecting platinum production at Mogalakwena for several days.  Anglo Platinum, which operates 11 mines and nine concentrators in South Africa, had to shut down a number of concentrators in order to give priority to its smelters, which are not easily shut down and restarted. Since 2008 blackouts have not occurred, but Anglo Platinum continues to hold weekly meetings with Eskom to discuss potential power supply problems.

Anglo Platinum has a contract where Eskom must give notice of power outages that may affect platinum production, with financial penalties for failure. Should Eskom reduce Anglo Platinum’s power to 75 per cent of load or lower, it must choose whether to reduce capacity at its concentrators or shut operations completely at designated units. However, because Mogalakwena is an open-cast mine and not as energy-intensive as underground mining, it is able to keep running through power outages unlike others.

Anglo Platinum also has a rolling five-year infrastructure and electricity plan with Eskom, which sets out its future power demand. The miner has to keep within 10 per cent of the agreed demand and so far, says Fourie, the two companies have been aligned in terms of power supply and demand.Picture_of_the_Mogalakwena_Mine_in_Limpopo_province_South_Africa._Copyright_ABB._Stockpile_feed_silo_and_conveyors

Rising input costs
Eskom is to increase electricity prices by 27 per cent in 2012, having imposed a 25 per cent hike the previous year. Having signed an unfavourable deal with BHP Billiton, Eskom is wary of entering into long-term power contracts and Anglo Platinum will be subject to Eskom’s programme of significant price rises in the coming years.

Steel costs have also risen 17 per cent year on year. Fourie said Anglo Platinum will endeavour to stay on a flat unit cost for three years, so it is under considerable pressure to cut costs in other areas.

Yet the input cost rises are making Anglo Platinum more efficient, she said. “You’d think it would be impossible to cope with these increases, but we are managing. We have streamlined our buying to a just-in-time process to reduce warehousing. We have also increased our maintenance intervals where possible in order to reduce contracting costs. We’ve also reduced the volume of reagents used in the flotation process.”

Anglo Platinum plans to produce platinum at the site for at least another 60 years. Eventually the mine’s three pits will all join up. Once this is complete, scheduled for 2020, Mogalakwena will be the largest man-made excavation in the world. Mogalakwena appears to be the jewel in Anglo Platinum’s crown, despite the hardness of Platreef ore.

Tim Probert

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Liberia advances clean energy with solar commissioning

Energy

A new 20-megawatt solar power plant at Mount Coffee has been commissioned, strengthening Liberia’s push toward cleaner and more reliable electricity supply

The commissioning of the project marks a significant milestone in Liberia’s ongoing efforts to strengthen its national energy infrastructure, coming less than two years after President Joseph Boakai broke ground on October 11, 2024. The development reflects steady progress under the Government’s broader agenda to expand reliable electricity access and modernise power systems across the country.

The project comprises a newly constructed 20 MW solar photovoltaic facility and forms part of wider plans to expand the Mount Coffee Hydropower Plant by an additional 42 MW.

Speaking at the dedication ceremony, President Boakai described the solar facility as a major addition to Liberia’s energy infrastructure and a significant step toward increasing access to reliable and affordable electricity across the country.

The President noted that the project supports his Administration’s efforts to expand infrastructure, stimulate economic activity, create jobs, and improve the quality of life for Liberians.

He explained that inadequate and expensive electricity has long hindered economic growth, discouraged investment, and limited the delivery of essential services. He emphasized that reliable electricity is vital for hospitals, schools, businesses, agriculture, mining, manufacturing, and other productive sectors of the economy.

President Boakai also announced that his Administration secured an additional US$57mn in World Bank financing in March 2026 to further strengthen Liberia’s energy sector. The funding will support the expansion of solar generation capacity from 20 to 30 MW, the installation of a 12 MW battery energy storage system, and additional upgrades at the Mount Coffee facility.

The President disclosed that 22 MW of lost generation capacity at Mount Coffee have already been restored and revealed plans to further expand the hydropower facility by an additional 42 MW.

Highlighting the broader impact of expanded electricity access, President Boakai said the solar farm represents an investment in economic growth, job creation, improved public safety, and a more resilient future. He added that efforts are underway to strengthen transmission and distribution systems so that more communities across Liberia can benefit from reliable electricity services.

President Boakai further noted that, under the ARREST Agenda for Inclusive Development, the Government is investing in energy, roads, ports, digital connectivity, and water systems. He stressed that increased electricity generation is essential for industrialization, value addition, private-sector growth, and the development of a vibrant 24-hour economy capable of creating opportunities for young Liberians.

The project is part of the Regional Emergency Solar Power Intervention (RESPITE), an initiative launched in April 2022 by the World Bank and the Governments of Liberia and Sierra Leone to address electricity shortages and accelerate renewable energy development across West Africa.

Abrar Industries expands fleet with major IVECO S-Way order. (Image source: IVECO)

Construction

IVECO and Atlas Véhicules Industries Group have handed over 50 IVECO S-Way heavy-duty trucks to Abrar Industries during a delivery ceremony held at the company’s facility in Casablanca, Morocco

The fleet consists entirely of IVECO S-Way 480 models equipped with hydraulic systems and will be deployed across Abrar Industries’ heavy-duty transport operations.

Abrar Industries Group is one of Morocco’s leading industrial companies, with activities spanning construction, infrastructure development and the production of building materials. The company plays an important role in supporting major public and private sector projects throughout the country. It operates under Abrar Invest, a Moroccan holding company established in 2001 with interests in construction, industry and real estate.

Bouzroud Abderrahmane, deputy general manager at Abrar Industries, commented, “IVECO is a trusted brand, known for its reliability and quality support. It provides professional service and attentive assistance to meet customer needs.”

Giovanni Coraggio, IVECO business manager for Morocco, added, "We are particularly proud to announce the conclusion of a highly significant strategic agreement with a major partner in Morocco, Abrar Industries, a renowned company leader in the public works, industry, and real estate. This transaction represents an important step forward in strengthening our presence in Morocco and confirms the competitiveness and reliability of our solutions in the industrial vehicle sector."

"This achievement is the result of close collaboration with the customer, aimed at addressing the specific operational and logistical needs of the territory and teamwork based on continuous commitment of all our company’s departments, as well as the strength of the relationships we have built over time with Abrar Industries and our local partner Atlas Véhicules Industriels. We look to the future with great confidence, with the goal of further consolidating our presence in the country and continuing to support the development of increasingly efficient, sustainable, and cuttingedge transport systems."

IVECO S-Way the driver-centric heavy-duty truck

The IVECO S-Way forms part of the IVECO Way range and has been developed as a business-focused solution for fleet operators while providing a comfortable and efficient working environment for drivers. Building on the success achieved since its European debut in 2019, the truck combines fuel efficiency, advanced technologies and lower operating costs.

The latest version incorporates an updated powertrain and next-generation rear axle, helping improve fuel economy while maintaining the strong performance levels associated with the model. The vehicle has earned positive feedback from operators for its reliability and ownership costs, while drivers continue to value its comfort and usability.

For transport and logistics companies operating in highly competitive markets, fleet productivity and uptime remain critical. The IVECO S-Way has been designed to address these requirements through a combination of vehicle technologies, connectivity and support services that extend throughout the truck’s operational life cycle.

Designed to maximise fuel efficiency

The vehicle’s cab has been completely redesigned with a strong focus on reducing fuel consumption and improving operational efficiency.

Its aerodynamic profile has been refined to minimise drag, with the roof seamlessly integrated into the front section of the vehicle to create a smoother airflow path. A retractable front step provides convenient access to the windshield while remaining concealed during operation.

Additional aerodynamic enhancements include a redesigned grille, integrated headlights, updated bumpers with built-in deflectors and reshaped wheel arches. Together, these features contribute to improved airflow around the vehicle.

Further gains are achieved through an optimised aerodynamic kit featuring rubber extensions that reduce the gap between the tractor and semitrailer. The redesigned door structure extends to the second step, creating a smoother side profile and reducing turbulence during highway travel.

A new cab designed around the driver to provide superior driving comfort on board

Driver comfort and usability were central to the development of the new cab. The interior layout has been redesigned to improve ergonomics, accessibility and overall driving experience.

Key controls are positioned within easy reach, while the multifunction steering wheel incorporates 22 switches, enabling drivers to access essential functions without removing their hands from the wheel. The dashboard and central console have also been updated to enhance convenience and operational efficiency.

Features such as the Start/Stop engine button and electronic key slot are strategically located near the DNR controls for improved accessibility.

The cab offers a standing height of 2.15 metres at its centre, while the redesigned roof and wider upper section create additional interior space. Access to storage compartments and the upper bunk has also been improved.

The sleeping area combines practicality with comfort through a symmetrical design, integrated controls, USB charging points and conveniently positioned storage solutions. Climate control systems, including air conditioning and optional parking cooler and heater systems, help maintain comfortable cabin temperatures in all operating conditions.

Designed for driver safety

Safety has been a key consideration in the development of the IVECO S-Way. The reinforced cab structure complies with ECE R29.03 crash standards and delivers high levels of occupant protection.

Visibility has been enhanced through one-piece side windows and improved mirror positioning. Full LED lighting further improves illumination, extending visibility and increasing obstacle detection capabilities in low-light conditions.

The truck is also equipped with a comprehensive suite of Advanced Driver Assistance Systems designed to support safer driving, improve vehicle control and reduce driver fatigue.

When parked, security is strengthened through the redesigned door structure, which leaves only the lowest step exposed, while an additional mechanical door lock inside the cab provides further protection.

A renewed line-up for high business productivity and TCO performer

The updated engine range complies with Euro III and Euro V emissions standards. Customers can choose from Cursor 9 and Cursor 13 engines, with outputs ranging from 360 hp to 560/570 hp. Engine performance and efficiency have been enhanced through the introduction of a Common Rail fuel injection system.

Both engine families are paired with the Hi-Tronix 12-speed automated transmission, which improves clutch control, durability and overall vehicle performance.

Additional technologies aimed at reducing fuel consumption include the Ecoroll function, which disengages the driveline on gentle descents to maximise momentum, and Ecoswitch, which adjusts engine performance according to vehicle load and operating conditions.

The Tyre Pressure Monitoring System also contributes to fuel efficiency and safety by continuously monitoring tyre pressures and alerting drivers to any deviations.

Condra’s managing director, Marc Kleiner (Image source: Condra)

Mining

Crane and hoist manufacturer Condra has expanded its maintenance programme to include hands-on training for customers’ own service personnel

The company is also to introduce remote diagnostics for on-screen assistance at isolated sites, rolling out these improvements at installations in Saudi Arabia and in all African countries where Condra has a presence.

Over time, the diagnostics will combine with remote specialist oversight to aid repairs by the customer’s own technicians.

Electricians at Condra’s factories already add diagnostic chips to frequency drives during crane manufacture — the plan is to extend this capability to other crane components, delivering on-screen assistance to any site with an internet signal.

Until now, Condra’s maintenance programme has incorporated only selected agents and technical teams from its own factories.

In future, where customers have their own maintenance crews, it will be these personnel who will execute this type of work, helped either by visiting teams, or remotely by specialists at Condra’s technical centre in Johannesburg.

On-demand emergency repairs will continue to be managed by Condra technicians sent to site.

Marc Kleiner, Condra’s managing director, said the goal is to lower the customer’s service costs and to further improve machine uptime and productivity.

“We want to expand the capabilities of our customers’ maintenance personnel, who sometimes have difficulty repairing to OEM standard,” he said.

“We will work with them to identify the wrinkles, then let them get on with fixing those while our own people identify potential wear and take steps to correct it.”

Kleiner said that Condra teams would execute repairs only after quoting. Once accepted, support staff at Condra’s head office would then assemble spare parts and arrange all export documentation for shipping. Spares lists would normally include parts needed for the long term, based on predictions of likely wear.

“The idea is that a Condra team will oversee the mine’s own service personnel wherever possible, helping them carry out the repair themselves,” Kleiner said. “This will allow hands-on training under specialist direction.

“What we’re trying to overcome is the too-common practice of working a machine until it fails, then buying a new one, something often seen in mining applications.

“What we’re saying is this: If you buy the correct machine in the first place and look after it by carrying out scheduled maintenance, the life expectancy of your machine will increase along with your financial return. But if you wait until that machine breaks down, production will have to stop while you wait for the spares to arrive. This is not clever. With a little bit of support from our side, your machine will run more reliably and for much longer, and production can continue uninterrupted.”

Outlining the improved schedule, Kleiner said Condra will re-visit Ivory Coast and Angola during July and August, followed by Zambia and Namibia. After that will come Sierra Leone. Other countries appearing on the schedule include Liberia, Mozambique, Tanzania, Zimbabwe, Botswana, DRC, Mauritania, Ghana, Mali, Cote d’Ivoire, Sierra Leone and Senegal.

Twelve service teams will carry out these visits (up from two teams five years ago), each one comprising either an electrical specialist accompanied by mechanical assistant, or vice versa.

Expanding on Condra’s plans for remote diagnostics, Kleiner said the company would work in conjunction with specialists in England and Australia to allow customers to receive prompt assistance in most of the world’s time zones, combining a phone call with on-screen visuals presented to the customer’s technicians at the installation site.

“We want to develop a library of repair videos to complement this diagnostic service,” he said.

“The idea is that, long term, Condra teams will be present for critical support only. We will achieve this through proactive maintenance schedules supported by remote fault diagnosis, and complemented by instructional repair videos.”

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Kribi boosts Central African trade

Logistics

MSC Mediterranean Shipping Company has strengthened its intermodal logistics network in Cameroon through the integration of the Port of Kribi into a comprehensive door-to-door transport solution designed to improve cargo connectivity between Cameroon and inland destinations across Chad and the Central African Republic (CAR)

The expanded service combines ocean shipping, port handling and inland road transportation into a streamlined logistics offering, connecting Kribi with major regional destinations such as Yaoundé in Cameroon, Moundou and N’Djamena in Chad, and Bangui in the CAR. Supported by up to four vessel calls each week and direct shipping routes linking Cameroon with Asian markets including China, Korea, Vietnam and India, the solution is expected to provide businesses with a faster and more cost-effective cargo transport option.

As regional trade activity continues to increase, the enhanced use of Kribi is expected to improve freight movement throughout Central Africa while helping reduce congestion along traditional trade corridors. The Port of Kribi, Cameroon’s only deep-water port and the largest in Central Africa, remains a key gateway for regional commerce and logistics operations.

MSC stated that inland cargo distribution from Kribi will be managed through coordinated logistics services handled by its local operational teams. The company oversees the full transport process, including customs procedures, documentation management, cargo transportation and real-time shipment monitoring, ensuring improved visibility and efficient cargo movement from the port to final delivery points.

The latest development forms part of the second instalment of MSC’s Intermodal Campaign series. Following the first episode, which focused on the Abidjan–Ouagadougou rail corridor, the campaign continues to highlight the company’s efforts to strengthen cargo transportation networks and regional trade connectivity across Africa.

AFC reaches financial close on the Poro Power Green Bond (Image source: Adobe Stock)

Finance

Africa Finance Corporation (AFC) has reached financial close and disbursed €43mn under the Poro Power Green Bond, to be used to fund construction of a 66 MW solar power plant in the northern Korhogo region in Cote d’Ivoire

Structured as a €65mn dual-currency facility in euros and CFA francs, it marks the first project finance green bond in Cote d’Ivoire and across the West African Economic and Monetary Union (WAEMU).

The solar power plant, developed by Poro Power, is expected to be operational in 2027 and will become the country’s largest solar plant.

The solar plant is expected to provide electricity to more than 100,000 households and avoid over 72,000 tons of CO2 emissions annually, contributing to greater energy access and the country’s target of increasing the share of renewables in the energy mix to 45% by 2030.

AFC acted as lead underwriter and co-arranger, helping to structure the innovative dual-currency green bond that creates what it called a ‘replicable model’ for mobilising African capital into bankable infrastructure.

It also called the transaction a milestone for Côte d’Ivoire’s capital markets and for African infrastructure more broadly.

Historically, long-term infrastructure financing in the country has depended heavily on international capital.

By contrast, the Poro Power Green Bond was African-led, structured, and fully funded by African institutions.

Samaila Zubairu, president and CEO of AFC, said the Poro Power Green Bond sets a new benchmark for sustainable infrastructure financing in Africa.

“This landmark transaction demonstrates the growing capacity of African institutions to mobilise domestic capital and expertise to deliver transformative infrastructure projects,” said said Zubairu.

“We are not only helping to close the infrastructure gap, but also creating scalable, homegrown financing models that can be replicated across the continent.”

The transaction builds on AFC’s track record in Côte d’Ivoire across the power and transport sectors.

In the energy sector, it includes the 44MW Singrobo-Ahouaty hydropower project, Côte d’Ivoire’s first private hydro independent power producer.

Its investments in the country also include the 1.5km Henri Konan Bédié Bridge, which has eased congestion by 30% since commissioning and improved mobility in Abidjan.

In 2024, AFC also supported the Ivorian government in awarding six road development contracts worth €691.6mn.

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Nearly 40,000 configurations available - each truck is built to meet specific customer needs, making every unit virtually unique. (Image source: IVECO)

Manufacturing

At the heart of IVECO’s industrial operations is its Madrid facility, the only manufacturing site in Spain dedicated to heavy-duty industrial vehicles

The plant produces the company’s complete heavy truck range for international markets including Italy, Germany, Spain and Turkey.

Covering 374,000 m², the facility is built around a 1 km main assembly line and is capable of delivering close to 40,000 different vehicle configurations. With 267 core models and more than 2,800 customisation options available, production is designed around highly specific customer demands. On average, the same truck configuration is assembled just three times annually.

“Every truck we build is essentially a one-off, custom-made to meet specific requirements,” commented José Manuel Jaquotot, director of IVECO’s Madrid and Valladolid plants.

“Each vehicle has a unique identifier that allows us to track it from cab production in Valladolid to final assembly in Madrid, ensuring full traceability and quality.”

Manufacturing operations at the Madrid site rely on a flexible and tightly coordinated production system supported by automation and intelligent logistics. Automated Guided Vehicles (AGVs) transport units across the line, enabling takt times to shift according to the complexity of each build while maintaining uninterrupted workflow across the plant.

Truck cabs arrive from the IVECO Valladolid Plant already painted and welded before being fully equipped in Madrid with dashboards, seats, bunks and airbags. The dashboard assembly process alone includes more than 100 electrical checks and is managed on a separate production line because of its technical complexity.

A major milestone in the process is the integration of the chassis and cab, commonly referred to as the “marriage” stage. Once combined, the vehicle progresses through the fitting of exterior parts, wheel installation and a series of final inspections. These include leak detection, geometry calibration and full functional testing before completion.

The site’s workforce remains central to its operational success. More than 2,700 employees support production activities, bringing the expertise and adaptability required to manage constant product evolution. During 2025, the plant successfully introduced ten new launches.

Sustainability also plays a defining role across operations. The Madrid facility operates entirely on renewable electricity and, in 2025, recycled almost 90% of the water used throughout production processes. Alongside the Valladolid plant, the site forms part of Iveco Group’s broader sustainability strategy and participates in a solar self-consumption initiative with Edison Next Spain, a project expected to help prevent around 500 tons of CO₂ emissions every year.

IVECO’s focus on decarbonisation extends beyond the vehicles themselves to the manufacturing ecosystem behind them. The Madrid plant reflects this broader ambition by combining advanced production technologies, large-scale customisation and sustainable industrial practices in one integrated operation.