EPointZero, the decarbonization platform of 2PointZero, and International Resources Holding (IRH) have signed a Memorandum of Understanding (MoU) to jointly advance the full decarbonization of IRH’s global mining operations.
IRH is a leading mine-to-market platform and subsidiary of 2PointZero. The agreement was signed during ‘Make it in the Emirates’ by Mohamed Hesham, Group Chief Investment Officer of 2PointZero, and Ali AlRashdi, CEO of IRH.
As part of the MoU, EPointZero and IRH will initially focus on Mopani Copper Mines, following IRH’s acquisition of a 51 percent stake in March 2024, a move that underscored the company’s long-term commitment to growth and sustainable development in the mining and minerals sector.
It also follows EPointZero’s landmark 1 GWh energy storage deal with UAE-based Enercap by Apex Energy. That transaction, among the largest of its kind globally, gives EPointZero immediate access to cutting-edge, non-chemical supercapacitor storage technology, positioning it to deploy advanced energy systems at scale across mining and industrial operations.
Mariam Almheiri Group CEO 2PointZero
“Decarbonizing 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. By aligning renewable energy, technology, and resources, we’re not only accelerating low-carbon mining, we’re advancing our mission to build smarter, more sustainable industrial systems for the future.”
Under the terms of the MoU, EPointZero, and IRH will establish a dedicated joint task force to identify, assess, and implement decarbonization measures across IRH’s operations in Zambia, beginning with Mopani Copper Mines. This will include a holistic carbon baseline assessment that spans mining, smelting, logistics, and auxiliary services, providing the analytical foundation for a phased roadmap toward net-zero operations.
Ali AlRashdi commented that, “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 decarbonization into our operations from day one and set a new benchmark for sustainability in resource development.”
At the center of this effort is 2PointZero’s dynamic value network, an ecosystem designed to connect capabilities across its portfolio and unlock cross-sector value creation. By linking IRH’s upstream mineral operations with EPointZero’s access to renewable energy, advanced storage infrastructure, and AI-driven analytics, the dynamic value network becomes the mechanism through which this partnership accelerates decarbonization, reduces system inefficiencies, and delivers scalable outcomes for Zambia and beyond.
The decarbonization strategy will address not only energy consumption but also broader operational efficiencies, from electrifying fleet and machinery, to reducing waste and emissions across the production cycle, to embedding AI-driven tools for predictive resource management and real-time emissions monitoring.
The initial focus will be on integrating on-site renewable energy sources, optimizing grid interactions, and introducing intelligent infrastructure that can adapt to demand fluctuations while minimizing environmental impact.
At the same time, both companies are exploring circular models for water reuse, waste minimization, and sustainable sourcing. These efforts are intended to align with Zambia’s long-term development while setting a new benchmark for responsible mining in the region.
