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Colorado-based Energy Fuels will acquire German magnet manufacturer Vacuumschmelze for about $1.9-billion in cash and stock, combining its rare earth mining and processing operations with VAC's magnet manufacturing capabilities to create an integrated supply chain from mine to finished magnet. The transaction, expected to close in early 2027, follows a conditional commitment for up to $725-million from the US Office of Strategic Capital to accelerate expansion of the White Mesa Mill in Utah and construction of the American Metals Plant.
Germany allocates full climate finance commitment to South African energy transitionGermany has allocated its entire $2.68-billion commitment to South Africa's Just Energy Transition Partnership, making it one of the largest contributors among international partners. Overall, approximately $5.8-billion of the nearly $14-billion committed has been allocated to transition projects and programmes, with project preparation and municipal creditworthiness identified as key barriers preventing climate finance from reaching implementation.
Germany Updates
Vulcan Energy Resources is developing the Lionheart project – an integrated lithium and renewable-energy project that combines upstream geothermal brine production and lithium extraction with...
Although the generation of green hydrogen using water electrolysis represents an exciting decarbonisation opportunity, the performance of electrolysers is heavily affected by the characteristics...
By Tapiwa Samanga Every June, South Africa observes Youth Month, a time to honour the courage and sacrifice of the generation of 1976. Five decades later, the struggle facing young people has...
International organisation the International Energy Agency (IEA) hosted the second in a series of High-Level Energy Transition Dialogues on June 23, ahead of the COP31 summit to be held in Antalya,...
Environmental, Social and Governance (ESG) considerations are now firmly embedded in investment decision-making, with 73% of global asset owners incorporating sustainable investment approaches,...
Colorado-based Energy Fuels said on Tuesday it would acquire German magnet manufacturer Vacuumschmelze for about $1.9-billion in cash and stock, building an integrated supply chain from rare earth...
Gold’s characterises and the demand for this precious metal make it an excellent reserve asset; therefore, central bank demand is likely to continue to persist into the future, Heraeus Precious...
ASX-listed Viking Mines has achieved positive initial results from X-ray transmission ore sorting testwork in Wedel, Germany, from mineralised material from the Linka tungsten project, in Nevada....
Oil prices slipped to a three-month low on Monday after US President Donald Trump and Iran's deputy foreign minister said they had reached an initial deal to end the war and to resume traffic...
Vulcan Energy Resources announced financial close as part of the Lionheart equity and debt financing arrangements in May 2026.
The global exterior insulation and finish system (EIFS) market is projected to grow at a compound annual growth rate of 10.30% from 2025 to 2032, reaching a valuation of about $240.3-billion by...
The newest #SaferCarsForAfrica crash tests have revealed a worrying trend of sub-standard safety in entry-level vehicles across various price points, says the Automobile Association of South Africa...
London-listed Pensana has achieved progress on construction of the Longonjo mine, in Angola. The $250-million development is on target and on budget for first mixed rare earth carbonite (MREC)...
BMW is rolling out a pilot project to deploy humanoid robots at its Leipzig plant, in Germany. This follows the completion of the first pilot deployment of humanoid robots at the BMW Spartanburg...
Daimler Truck, MB Energy and Kawasaki Heavy Industries have signed a joint development agreement (JDA) to establish a liquefied hydrogen supply chain to Europe via the Port of Hamburg. Under this...
Liquefied natural gas (LNG) prices could rise further in significant volatility than experienced so far during the Iran war if supply disruptions coalesce with hot weather in Asia and European...
Volkswagen Group Africa (VWGA) has reached a major milestone with the production of the one-millionth current generation Polo at its Kariega plant, in the Eastern Cape. Lucky number one-million is...
The international Square Kilometre Array (SKA) Observatory (SKAO) has announced that its new director-general began her tenure on Monday. She is Professor Jessica Dempsey and she has replaced...
The City of Johannesburg (CoJ) has secured a R3.8-billion loan from German State-owned development bank KfW, which it will use to finance critical electrical infrastructure investments in the...
British Columbia-based Americas Uranium Corporation has received approval for listing on the Frankfurt Stock Exchange, in Germany, with its shares now officially trading under the ticker symbol...
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