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South32 Awarded $20 Million DOD Grant to Advance Its Hermosa Mine Project, Arizona
May 21, 2024
South32’s Hermosa Project, an advanced mining project in the United States capable of producing two federally designated critical minerals — zinc and manganese— has been awarded $20 million from the Department of Defense (DoD) under the Defense Production Act battery
Bens Creek Receives Second Redemption Notice
May 21, 2024
Bens Creek has received a redemption notice from largest shareholder Avani Resources for $6.5 million of unsecured loan notes plus interest. In addition, as announced on May 16, 2024, the company has also received a redemption notice from ACAM over
Iberdrola to Acquire Remaining Stake in U.S.-based Avangrid for $255 Billion
May 21, 2024
Iberdrola has signed an agreement to acquire the 18.4 percent minority stake in its U.S. subsidiary Avangrid, which it previously did not own. The board of directors of Avangrid has approved the transaction, following the recommendation of a committee made
Geothermal Innovator XGS Energy Completes Oversubscribed $20 Million Capital Raise
May 21, 2024
XGS Energy, an innovator in next-generation geothermal energy technology, has completed $20 million in additional series A financing. This new financing builds on the $9.7 million round led by Constellation Technology Ventures earlier this year, and the $14 million series
Australian Vanadium Wraps Government-funded Work at Its Vanadium Electrolyte Manufacturing Facility
May 21, 2024
Australian Vanadium Ltd. (AVL) has completed the work for which it received a grant under the Australian Government’s Modern Manufacturing Initiative, awarded in 2021. The company has now received the final payment of $615,000 (A$922,000) from the $247 million (A$3.69
25-State Groups and the Nation’s Rural Electric Cooperatives Sue EPA Over Coal Plant Rules
May 21, 2024
A 25-state group and the nation’s rural electric cooperatives have sued the Biden administration’s Environmental Protection Agency over new rules designed to reduce coal-fired power plants’ greenhouse gas emissions. The EPA rules rely on carbon capture and sequestration to achieve
EPRI, Southern Company, Storworks Successfully Test Concrete Thermal Energy Storage Pilot
May 21, 2024
EPRI, in collaboration with Southern Company and Storworks, has recently completed testing of a pilot concrete thermal energy storage (CTES) system at Alabama Power’s Ernest C. Gaston Electric Generating plant (Gaston) marking the largest such pilot in the world. The
IEA Report: Sharp Declines in Critical Mineral Prices Mask Risks of Future Supply Strains
May 20, 2024
Prices for key minerals used in clean energy technologies dropped in 2023, but new IEA analysis shows need for greater and more diversified investment to support efforts to reach energy and climate goals Pressure eased in 2023 on the market
Fortune Minerals Awarded $6.4 Million DOD Grant to Advance Its NICO Critical Minerals Project,Canada
May 20, 2024
Fortune Minerals Limited said the United States Department of Defense (DoD) has awarded the company a $6,380,555 grant under the Defense Production Act (DPA) Title III program to expand the domestic capacity and production of cobalt for the battery and
Epiroc Opens Cutting-Edge Competency Center for Surface Mining in Tucson, Arizona
May 20, 2024
Epiroc had inaugurated its Competency Center for Surface Mining in Tucson, Arizona. This milestone marks a significant strategic advancement for Epiroc USA, with the establishment of a state-of-the-art 28,000 square feet rebuild center to provide advanced support for surface mining
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