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.
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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.
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By GlobalData“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.
