@ArcelorMittal has agreed to sell its #steel and mining operations in Bosnia and Herzegovina to local investment firm Pavgord Group, following a strategic review.
Full story: https://t.co/OU5BzetxPL
@CycloneMetals has completed a power supply study confirming that its Iron Bear #ironore project in the Labrador Trough in Canada can operate entirely on renewable energy.
Full Story: https://t.co/ZLmP8CfD4b
@TitanMiningCorp has secured a US$15.8m loan from the Export-Import Bank of the United States (EXIM) to advance #Zinc production and #graphite development at its wholly owned Empire State Mine (ESM) in New York.
Full Story: https://t.co/iSg7AS0giP
@Glencore has declared its Mount Isa #Copper smelter financially unviable under prevailing market conditions, and is awaiting responses from the federal and state governments regarding requests for financial assistance.
Full Story: https://t.co/pnEHKktgEz
@Chevron has entered the #Lithium sector, acquiring the rights to explore and extract minerals on approximately 125,000 acres (50,600ha) of land in Northeast Texas and Southwest Arkansas.
Full Story: https://t.co/tWzLG79R4f
@polymetals Resources has started commercial concentrate production at its Endeavor #Silver-#Zinc mine in Cobar, NSW, Australia. That follows nine months of redevelopment work to bring the historic operation back online.
Full Story: https://t.co/C39ThQupVX
@barrick_mining has secured a commitment of US$400m in subordinated debt from the @IFC_org to support the development of its Reko Diq #Copper-#Gold project in Pakistan. That brings the IFC's toal financing for the asset to US$700m.
Full Story: https://t.co/I7ziwgcOWA
@SurgeBattery Metals has published a Preliminary Economic Assessment (PEA) for its Nevada North #Lithium project in Elko County, US. The study outlines a two-phase operation expected to last 42 years
Full Story: https://t.co/lcVPoIdnhb
@DundeePrecious has agreed to acquire UK-based @AdriaticMetals in a cash-and-stock deal valued at US$1.25bn. The transaction will give Dundee full ownership of Adriatic’s flagship Vareš silver-lead-zinc-gold mine in Bosnia and Herzegovina.
Full Story: https://t.co/PctQ4bEXn4
@TeckResources and Sumitomo Metal Mining are locked in a commercial dispute over #Copper concentrate sales, raising fresh concerns about the robustness of the long-standing TC/RC benchmark system as the global copper market tightens.
Full Story: https://t.co/41izdDad0B
@Ford CEO Jim Farley said that the automaker is struggling with supplies of #RareEarth magnets essential to car production. The shortage already forced a shutdown of production of its Explorer SUV at its Chicago plant for a week in May.
Full Story: https://t.co/j09X35fNEF
@ATLShoresWind the developer of a New Jersey offshore wind farm, has cancelled the project, marking a significant setback for the sector. Atlantic Shores had planned the development with up to 200 turbines and a capacity of 2.8GW.
Full Story: https://t.co/r9lkUh2diJ
@EarthriseEnergy has secured US$630m in financing for its 270MWac Gibson City Solar project in Illinois, a first for the MISO power market. The project aims to commence commercial operations in 2026.
Full Story: https://t.co/w65QP5j8kr
@RioTinto has approved a significant change to the underground mine plan at its Oyu Tolgoi operation in Mongolia, temporarily halting development in the Entrée Resources joint venture area and accelerating progress in Panel 2 South.
Full Story: https://t.co/PT9sFm64Rf
@ArcelorMittal has inaugurated a 20Mtpa #IronOre concentrator in Liberia, as part of its West African expansion strategy. The facility is part of a total investment in Liberia of over US$3bn.
Full Story: https://t.co/dIQmVghnWv
@RioTinto's Serbian Jadar #Lithium project has been designated an EU ‘Strategic Project’. This provides the project, with a planned annual capacity of 58ktpa battery-grade lithium carbonate, with streamlined permitting & access to financing.
Full Story: https://t.co/MLxv4UabES
@RioTinto’s Robe River Joint Venture (RRJV) has secured Foreign Investment Review Board (FIRB) approval to acquire the Robe Mesa #IronOre project from CZR Resources for A$75m (US$48m).
Full Story: https://t.co/WdpBlolA9c
@British_Airways Steps on way, hoping someone is aware you have a wheelchair bound Customer next to me who cannot use the stair. Funny really that you didn't want me on my flight out to Singapore ans will not let me off the flight back.
We are thrilled to announce that CRU has acquired Exawatt, a leading strategic consulting and research provider in solar PV, energy storage, power electronics and electric vehicles, offering customers a holistic view of the #EnergyTransition landscape.
https://t.co/9As1e7b1jK