Reko Diq Copper Gold Logistics
A massive ore ship has been constructed by China Shipbuilding Industry Corporation (CSIC) having the capacity to transport 400,000 metric ton deadweight (DWT) roughly equivalent to 6000 freight train carriages. Sailing under the Hong Kong flag it has a draught of 23m and a fuel bunker allowing it to transport bulk ore cargos upto 25,500 nautical miles without refuelling.When the ore carrier is berthed it does not require an electric generator thereby achieving zero emission at ports. The vessel consumes 18.8 % less energy as it has an an extra tank for liquefied gas as fuel.
Barrick’s Uphill Struggle
Barrick , which has a significant share in the Reko Diq Copper Gold mine, will face an enormous and uphill task to transport the ore out of Pakistan especially as the existing railway infrastructure is in shambles , a typical case of bureaucratic lethargy and neglect.Barrack Gold seems undecided whether to construct a smelter in Balochistan. An ongoing struggle for management control of Korea Zinc, the world’s largest zinc smelter reveals its worth over 5 trillion won ($3.7 billion).
Credit : English.gov.cn
Sources/Credit ;
The Korean Herald
https://www.aukevisser.nl/supertankers/bulkers-3/id953.htm
https://www.marinelink.com/news/launches-largest-carrier429682
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