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09 May 2024
in
Metals and Mining

Ganfeng to acquire Leo Lithium’s Mali project stake for $342.7m

Ganfeng Lithium will acquire its partner Leo Lithium’s remaining 40% stake in the Goulamina lithium mine in Mali for $342.7 million.This acquisition includes a...

09 May 2024
in
Metals and Mining

Nouveau Monde Graphite a year away from financial close

Nouveau Monde Graphite is still a year away from achieving financial close on an ECA package for its Canadian graphite facility. Banks were initially mandated at the end...

09 May 2024
in
Metals and Mining

West Red Lake raises C$30m for Madsen project

West Red Lake, the owner of the Madsen gold mine in Ontario, has announced a C$30 million (almost $22 million) bought deal public offering of units.The TSX-V-listed firm...

09 May 2024
in
Oil & gas

Turkey signs long-term LNG deal with ExxonMobil

Turkey's state gas grid operator BOTAS has signed an LNG trade deal with ExxonMobil."The US is already one of our important suppliers of LNG," Energy...

09 May 2024
in
Telecoms and Communications

EIFO invests in NILT

Nil Technology (NILT) has raised aDKK 217 million ($31.2 million) in its latest investment round, with EIFO contributing DKK47 million ($6.7 million).Specializing in the...

09 May 2024
in
Power

JICA to finance Bistrica hydropower project in Serbia

JICA is to help finance the Bistrica pumped storage hydropower project in Serbia. The project, which will consist of four turbines, is expected to cost €1.2 billion...

09 May 2024
in
Renewables

Everfuel to supply green hydrogen to Germany

Everfuel has signed a Letter of Intent with a major industrial offtaker in Germany. The agreement outlines the supply of up to 10,000 tonnes of green hydrogen per year,...

09 May 2024
in
Metals and Mining

Cerrado Gold grapples with balance sheet challenges

Cerrado Gold has issued a sale option on its Brazil gold project as part of a rescue package for its Argentina assets, according to market sources. In March it was...

09 May 2024
in
Metals and Mining

Magnetite Mines appoints Azure to aid funding for Razorback project

Magnetite Mines has brought onboard Azure Capital to aid in securing funding and exploring partnering opportunities for the development of its Razorback iron ore...

08 May 2024
in
Oil & gas

Rhino signs farm-down with Azule Energy

Rhino Resources has signed a farm-down agreement with Azule Energy in relation to Block 2914A (PEL 85) in the offshore Namibian Orange basin. The deal gives Azule a 42.5%...

08 May 2024
in
Infrastructure, Renewables, Telecoms and Communications

Finance agreements signed on 3 US-Angolan infra projects

Final agreements for three US Ex-Im-supported Angolan projects under President Biden’s flagship Partnership for Global Infrastructure and Investment (PGII) have...

08 May 2024
in
Renewables

REC turns to ECA and DFIs ahead of rise in demand for loans

India's state-run REC is planning to tap overseas ECAs and DFIs for funds as it prepares itself for a jump in demand for loans from all segments of the power industry...

08 May 2024

UKEF supports Trimline's growth funding

UKEF has helped specialist interior outfitter Trimline to secure a £1 million financing package supporting its work refurbishing cruise ships and ferries around the...

08 May 2024
in
Other

Pedram Tadayon joins Mitigram as CEO

Digital trade finance group Mitigram has appointed Pedram Tadayon as CEO.Prior to joining Stockholm-headquartered Mitigram, Tadayon - who has over 25 years of experience...

08 May 2024
in
Metals and Mining

Ramaco Resources increases revolver

US-based Ramaco Resources says its principal bank lender, KeyBank, has amended the company's existing revolving credit facility to increase the overall commitments to...

08 May 2024
in
Oil & gas

ADNOC, EnBW seal Ruwais LNG supply deal

ADNOC has signed a heads of agreement with Germany’s EnBW to supply the latter with LNG from its planned LNG terminal in Al Ruwais.EnBW will buy 0.6 million metric...

08 May 2024
in
Renewables

EBRD mulls Bulgarian merchant solar project loan

The EBRD is considering providing a €50 million ($53.8 million) senior secured loan to Tenevo Solar Technologies to partially finance a €161.7 million 238MWp PV...

08 May 2024
in
Oil & gas

Adani to borrow $600m for gas unit

Adani is in the process of seeking an offshore loan worth approximately $600 million. The purpose of this loan is to refinance existing debt and improve the...

08 May 2024
in
Renewables

responsAbility invests up to $35m in AMPIN

responsAbility will invest up to $35 million in Indian renewable energy transition company AMPIN Energy Transition. The deal is part of its broader $500 million climate...

08 May 2024
in
Metals and Mining

De Grey launches equity raising for A$600m

De Grey Mining has launched a fully underwritten equity raising for A$600 million ($306.3 million). The equity raising includes a prorata accelerated non-renounceable...