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NEWS Click on text to read news by category: General | Product | People | Worldwide

International Centre for Sustainable Carbon Publishes New Report: Repurposing Coal Assets

October 10, 2023

The energy transition has already led to many coal mine and power station closures. The USA and Europe have witnessed the most rapid change over the last decade and this trend is set to continue. Clearance of these sites is

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China’s Grip on Critical Minerals Draws Warnings at IEA Gathering

October 9, 2023

U.S. Energy Secretary Jennifer Granholm said the world is up against a dominant supplier of critical minerals that is willing to exploit its position for political gain, in remarks apparently aimed at China, and warned that energy security will become

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Northvolt to Build Historic $7 Billion Gigafactory Battery Factory Near Montreal, Canada

October 6, 2023

Swedish manufacturer Northvolt says it will build a $7 billion gigafactory for electric vehicle batteries near Montreal that it claims will represent the largest private investment in Quebec’s history. On hand at the unveiling in Montreal, Prime Minister Justin Trudeau

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U.S. Optimistic It Will Reach Critical Minerals Deal With EU

October 6, 2023

The United States is optimistic it will conclude an agreement with the European Union to allow critical minerals mined or processed in Europe to qualify for U.S. clean vehicle tax breaks, a senior U.S. official said on Monday. The transatlantic

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Capstone’s Chilean Operations Awarded the Copper Mark

October 6, 2023

Capstone Copper said the Copper Mark has been awarded to its Mantoverde and Mantos Blancos operations in Chile. The Copper Mark is a comprehensive assurance framework, developed to ensure that value chain participants demonstrate best practice in responsible production and

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Newmont Cleared by PNG’s Securities Commission to Proceed with Proposed Acquisition of Newcrest

October 5, 2023

Newmont Corporation said the Securities Commission of Papua New Guinea (SCPNG) has granted the necessary exemptions and other requested confirmations under PNG capital markets law to allow the company to proceed with its proposed acquisition of Newcrest Mining. Last week,

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Glencore to Stop Funding Koniambo Nickel Mine Beyond February 2024, New Caledonia

October 4, 2023

Glencore has been working for years to identify a path toward a cost effective, reliable Koniambo Nickel SAS (KNS) business that can meet production and financial targets. While significant progress has been made in productivity performance and reliability, KNS continues

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Grid Modernization Company Infravision Raises $23 Million for Power Line Construction, Grid Capacity

October 3, 2023

Infravision, a company focused on power grid modernization with drone-enabled power line upgrades, said it has raised $23 million in series A financing. The round was led by investment firm Energy Impact Partners (EIP), with participation from leading energy and

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Australian Vanadium and Technology Metals Australia Agree to $139 Million Merger

October 3, 2023

Australian Vanadium (AVL), which operates the Australian vanadium project, has signed a binding scheme implementation deed (SID) to merge with Technology Metals Australia (TMT). AVL will fully acquire TMT, under a scheme of arrangement, subject to the satisfaction of certain

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Twiga Partnership Shows the Transformative Impact of Mining, Says Barrick

October 3, 2023

Barrick Gold Corporation and the Tanzanian government are demonstrating how mining can be an enormous force for good when miners and their host governments work together to create sustainable value for all stakeholders, says president and chief executive Mark Bristow.

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