Koryx advances copper project with NamPower grid deal
Koryx Copper says it has made significant progress on infrastructure planning for its flagship Haib Copper Project in southern Namibia, including signing a memorandum of understanding with NamPower for a bulk electricity supply connection and advancing plans for water supply from the Orange River.
Chamwe Kaira Koryx Copper says it has made significant progress on infrastructure planning for its flagship Haib Copper Project in southern Namibia, including signing a memorandum of understanding with NamPower for a bulk electricity supply connection and advancing plans for water supply from the Orange River. The company announced the developments as it continues work toward completing a pre-feasibility study (PFS) for the project, which is expected to be published later this year. Under the agreement with NamPower, Koryx and the national power utility will begin designing the grid connection infrastructure required to support the mine’s operations.
The project’s power requirements are expected to be met through a hybrid system combining electricity from the national grid with solar photovoltaic generation and the potential addition of battery energy storage systems. The proposed power system is designed to meet an estimated peak demand of 152 MVA and annual electricity consumption of about 1,131 GWh. Electricity would be supplied through a new double-circuit 220 kV overhead transmission line linking the mine to NamPower’s Harib Substation, located approximately 68 kilometers away.
