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News
20 March 2024
in
Renewables

UKEF, US DoE partner on export and infrastructure financing

UKEF has signed an MoU with the US Department of Energy Loan Programs Office. The agreement marks the first MoU between a European export credit agency and the LPO, and...

News
20 March 2024
in
Power

US pledges $4bn to support Romania's Doicesti SMR project

The US says it will pump $4 billion into supporting Romania's bid to build its first small modular reactor plant.The proposed Doicesti SMR project, 90km northwest of...

News
20 March 2024
in
Metals and Mining

EU's Critical Raw Minerals Act is approved

EU governments have given the green light to domestic European mining and extraction of critical raw materials to advance green technologies.The Critical Raw Materials...

News
20 March 2024
in
Renewables

Fusion Fuel receives grant approval for 25MW green hydrogen project

Fusion Fuel has received provisional approval from the Portuguese government for grant funding to support the development of a 25MW green hydrogen project in...

News
20 March 2024
in
Metals and Mining

Rio Tinto to invest $350m in Argentina lithium project

Rio Tinto will invest $350 million at its Rincon lithium plant in Argentina as it works to begin production by the end of the year.Rio Tinto, the world’s biggest...

News
20 March 2024
in
Metals and Mining

Sibanye-Stillwater appoints head of uranium

Sibanye-Stillwater has appointed Greg Cochran as Executive Vice President Head of uranium, effective June 1, 2024. Cochran has over 30 years of experience in a...

News
20 March 2024
in
Oil & gas

$25bn Nigeria-Morocco pipeline FID due this year

The final investment decision for the $25 billion Nigeria-Morocco Gas Pipeline will be made by the end of 2024, said Mele Kyari, Group CEO of the Nigeria National...

News
20 March 2024
in
Metals and Mining

Gupta 'has run out of cash, wants to settle Trafigura case'

Lawyers for businessman Prateek Gupta, accused of fraud by Trafigura, told a London court he has run out of funds to pay legal fees and wants to negotiate a...

News
20 March 2024
in
Metals and Mining

Marula secures long-term offtake deal with Fujax

Marula Mining, through its wholly-owned South African subsidiary, South African Lithium and Tantalum Mining, has finalised a long-term offtake agreement with Fujax UK....

News
20 March 2024
in
Renewables

Power-to-X green hydrogen project planned for south Texas

ABB is partnering with Green Hydrogen International on a project to develop a green hydrogen facility in south Texas. The Power-to-X facility will use solar and...

News
20 March 2024
in
Other

IDB Invest and BOAD looking to mirror CLIMA

IDB Invest and BOAD are reportedly both in talks for the development of their own CLIMA initiatives, an innovative programme currently being piloted by IDB.IDB's...

News
20 March 2024
in
Metals and Mining

Vale faces $3.8bn claim in Dutch case over Mariana dam break

Victims of the 2015 Mariana dam break in Brazil are seeking about £3 billion ($3.8 billion) in compensation from Vale and Samarco in a new lawsuit launched in the...

News
20 March 2024
in
Metals and Mining

Calibre Mining announces C$100m bought deal offering

Calibre Mining has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, under which the underwriters have committed to purchase, on a...

News
20 March 2024
in
Other

Greensill UK administrators say $3.7bn in AUM collected so far

Administrators to collapsed firm Greensill Capital's UK business said it had $17.7 billion in assets under management at March 8, of which $3.7 billion has been...

News
20 March 2024
in
Oil & gas

Savannah Energy to acquire SIPEC

Savannah Energy has signed separate share purchase agreements with Sinopec International Petroleum Exploration and Production Corporation and Jagal to acquire 100% of the...

News
20 March 2024
in
Other

Marco secures $12m in Series A funding

Trade finance platform Marco, which supports SME exporters in Latin America, has raised $12 million in a Series A round.The funding round was led by IDC Ventures, with...

News
20 March 2024
in
Metals and Mining

Larvotto secures $8m for Hillgrove mine development

Larvotto Resources has taken a significant step towards the development of the Hillgrove antimony and gold mine in New South Wales by signing a nonbinding term sheet for...

News
20 March 2024
in
Metals and Mining

Saudi Arabia unveils $182m incentive package for mining exploration

Saudi Arabia has launched a new incentive package of SAR685 million ($182 million) to drive mining exploration in the Kingdom.The incentives, launched by the Ministry of...

News
20 March 2024
in
Other

Finacity, Synovus facilitate receivables-based loan for Novaria

Finacity and Synovus Bank have arranged and closed a $30 million receivables-based loan program for Novaria Holdings, a manufacturer of specialty aerospace...

News
19 March 2024
in
Manufacturing & equipment

JBIC, Bangkok Mitsubishi HC Capital partner on projects in Thailand

JBIC has signed two loan agreements with Bangkok Mitsubishi HC Capital, a subsidiary of Mitsubishi HC Capital, in Thailand. The total loan amount is approximately...