Sustainable energy supply and business collaborations for sustainability, resilience and competitiveness in the Zambian copper industry after Covid-19
DOI:
https://doi.org/10.17159/2413-3051/2021/v32i1a8083Keywords:
sustainable energy, mining, copper and cobalt business, collaborationAbstract
The mining industry in Zambia is energy-intensive, with hydro energy providing the required energy. But other sources of energy may need to be added, because hydro energy is subject to good rain patterns, threatened by the spectre of climate change, as already indicated by the current prolonged hours of load shedding by state-owned , Zambia Electricity Supply Company. This research looks at state-of-art mining technologies and collaborative business processes that leverage on the expected ramp in copper and cobalt (Cu-Co) global demand post-Covid-19, to help design resilient business systems by manufacturing, source goods and services within the Southern African Development Community (SADC) region to lower Cu-Co production costs, and maximise profits through shared resources and bilateral trade agreements. With evidence, projection and predictions by global leaders in the Cu-Co industry, this study evaluates the preparedness and resilience of the Zambian mining industry for sustainable energy supply, environmental sustainability, and suggests some possible business collaborations within the SADC region to share the following resources: metal refineries, transportation of goods and services, expertise and energy supplies within SADC, to enhance business sustainability. The study shows that the resilience of Cu-Co business in resource-rich nations like Zambia is complex and is heavily influenced by investment decisions, stakeholder interests, copper ore grades and extractive process types, reliable power supply, and socio-economic and political issues. The significance of this study is that it proposes some business collaborations within SADC that can increase energy reliability and supply, Cu-Co production, increase business resilience, improve global competitiveness and sustainability by exploring energy efficiency and generation-mix strategy.
Highlights- A sustainable energy analysis for Zambia.
- Establishing the role of mine multi-national enterprises concerning environmental sustainability.
- Proposing copper business resilience collaborations within SADC.
- Developing a mining business resilience and sustainability model for sustainable power supply, high
production, profitability and global competitiveness.
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