Democratic Republic of Congo and Chinese investors on Thursday signed an agreement reached in January that revises some terms of their Sicomines copper and cobalt joint venture, Congo’s Infrastructure Minister Alexis Gisaro Muvunyi said on Thursday.

Thursday, March 14, 2024 - 22:43:32

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A joint venture valued at $1.5 billion to $2 billion that wants to become Chile’s third lithium producer is in talks with investors to bankroll its project.

Thursday, January 18, 2024 - 19:24:46

Visit: 55

Mining News Pro - Botswana will not back down on demands for a bigger share of rough diamonds from its joint venture with De Beers, President Mokgweetsi Masisi said on Thursday, upping the stakes as talks for a new sales deal appear to be stalling.

Friday, May 26, 2023 - 17:09:08

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Mining News Pro - The Democratic Republic of Congo aims to boost its stake in a cobalt and copper joint venture with Chinese firms to 70% from 32%, on concerns the deal gives away too much of Congo’s resources with little benefit to the country.

Friday, May 26, 2023 - 17:04:01

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Mining News Pro - Glencore and Li-Cycle Holdings group, two of the world’s leading recyclers, have partnered up to deliver a landmark European project.

Thursday, May 11, 2023 - 00:13:15

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Mining News Pro - Advance Lithium has entered into discussions with Mexico’s national lithium company, LitioMx, to form a joint venture. The goals of Advance Lithium and LitioMx are aligned, in that both want Mexico to become a lithium mining country as quickly as possible.

Thursday, March 2, 2023 - 16:06:20

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Mining News Pro - The company, which formally started operations in 2020, also plans to pare production costs by adopting Toyota’s so-called kaizen process of increasing productivity via tiny, continuous improvements as it takes on bigger battery making rivals around the region.

Monday, November 21, 2022 - 09:52:29

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Mining News Pro - Canada’s Asante Gold said on Tuesday it had been conditionally approved to list its common shares on the TSX Venture Exchange, which offers earlier-stage companies access to public venture capital.

Tuesday, October 11, 2022 - 20:48:58

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Mining News Pro - Canadian mining entrepreneur Rob McEwen landed a big fish for his new copper unit, with a Rio Tinto Group venture set to take an almost 10% stake for $25 million as major producers line up new deposits to meet demand growth.

Friday, September 2, 2022 - 16:52:08

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Mining News Pro - Vale SA, the world’s No. 2 iron ore producer and one of the biggest nickel suppliers, has created a corporate venture capital arm to back startups focused on developing game-changing innovations for mining and metals challenges.

Thursday, June 9, 2022 - 14:32:11

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Mining News Pro - Both firms aim to create a circular economy that supplies recycled materials and minerals back into the battery supply chain

Saturday, February 5, 2022 - 12:33:29

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Mining News Pro - BHP has inked a deal to supply nickel sulphate from Western Australia to a battery-making joint venture between Toyota Motors and Panasonic, expanding its footprint in the rising electric vehicle (EV) sector.

Tuesday, October 5, 2021 - 13:27:16

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Mining News Pro - Venturex Resources on Monday unveiled a rebrand, with the company’s base metal assets now to be supported by an underground services arm.

Monday, August 2, 2021 - 13:44:59

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Mining News Pro - Lithium-ion battery manufacturer Xerotech announced that it will qualify one of its core proprietary battery safety technologies for space applications, in conjunction with the European Space Agency.

Friday, May 21, 2021 - 14:55:55

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Mining News Pro - BHP has formed a joint venture with Encounter Resources to develop the Elliot copper project in the Northern Territory.

Friday, May 21, 2021 - 13:57:13

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Venture Minerals has started commissioning for its wet screening plant at the Riley iron ore mine in Tasmania.

دوشنبه 27 ارديبهشت 1400 - 12:41:53

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Mining News Pro - AP Ventures Fund II focuses on hydrogen and its role in decarbonising energy and this latest investment is set up to contribute to establishing a well-functioning market and value chain for hydrogen in Norway and around the world. ADVERTISEMENT AP Ventures, which has the Public Investment Corporation of South Africa and Anglo American Platinum as its two cornerstone investors, has announced that Nysnø Climate Investments, Equinor Ventures and Yara Growth Ventures have become its first Norwegian Limited Partners in AP Ventures Fund II. Nysnø Climate Investments, Equinor Ventures and Yara Growth Ventures, a Norwegian consortium with Tier 1 investors, is now in a venture fund dedicated to hydrogen, for which Norway is a recognised strategic location. ADVERTISEMENT AP Ventures fund invests in technologies throughout the hydrogen value chain and participation in it offers investors access to innovation and accelerates the development of a new hydrogen economy. “We see significant strategic value in welcoming a Norwegian consortium of Limited Partners. Nysno Climate Investments, Equinor Ventures and Yara Growth Ventures are investors we have known for a long time through our portfolio companies and we are very pleased to have formalised our relationship with them,” AP Ventures founder and partner Kevin Eggers stated in a release to Mining Weekly. “Norway has the potential of leading Europe in the transition to a hydrogen-powered economy and we are excited for the opportunity this partnership will bring to our portfolio,” Eggers added. Hydrogen, which can be generated and converted into electricity with the help of platinum group metals, is a promising energy carrier to reduce emissions from hard-to-abate sectors, like industrial processes and long-haul transport. Bloomberg New Energy Finance estimates that clean hydrogen could account for 24%t of global energy demand by 2050, up from 2% in 2020. Following the commitments from Nysnø Climate Investments, Equinor Ventures and Yara Growth Ventures, AP Ventures’ total assets under management are $344-million. Besides the two cornerstone investors, other existing investors include South Africa’s platinum group metals producer Implats, the Mirai Creation Fund, Mitsubishi Corporation, Pavilion Capital, Plastic Omnium and Sumitomo Corporation. “We look forward to collaborating with knowledgeable investors in the hydrogen space, bringing deep industry insight to a value chain that is especially exciting for Norway. AP Ventures mobilises private capital to build up an ecosystem for hydrogen globally and offers Norwegian companies access to a larger global market," Nysnø Climate Investments CIO Eivind Egeland Olsen stated in the release. PARTNERSHIP OF STRATEGIC VALUE “Our ambition is to grow new business opportunities that enable a green transition in energy intensive industries, such as fertiliser production, and in shipping. Investing in startups that drive innovation throughout the clean hydrogen value chain is a key focus area for us. “We’re excited to join AP Ventures and work closely with our partners to make the clean hydrogen revolution a reality,” Yara Growth Ventures head Erkki Aaltonen stated. Yara Growth Ventures is the venture capital arm of Yara International ASA, focusing on investing in startups and as a Limited Partner in VC funds. “Equinor’s ambition is to reach net-zero emissions by 2050 and an important tool for success is to develop profitable value chains for carbon capture and storage and hydrogen. In order to develop such value chains, we need to work together with partners. The investment in AP Ventures will help us explore and expand our knowledge of hydrogen solutions that can play a role in the energy transition. We look forward to working closely with AP Ventures and other partners to create real impact,” said Equinor Ventures VP Gareth Burns. By investing in AP Ventures, Nysnø Climate Investments, Equinor Ventures and Yara Growth Ventures contribute to developing companies and technologies that build a hydrogen economy with less emissions, which contributes towards climate change mitigation. AP Ventures other investments in pioneering new technologies and businesses which aim to solve global challenges include investments in Altergy Systems, C-Zero, ERGOSUP, Greyrock Energy, Hazer Group, HPNow, HRS, HyET Hydrogen, Hydrogenious LOHC Technologies, Hystar, Infinium, Insplorion, Plug Power, Starfire Energy, and ZEG Power. All these companies either utilise or enable the use of platinum group metals.

Friday, April 30, 2021 - 14:16:12

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Mining News Pro - Northern Star Resources has sold its entire 17.5 per cent stake in exploration and development company Venturex.

Wednesday, March 17, 2021 - 12:44:09 PM

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Mining News Pro - Newcrest Mining has withdrawn from its joint venture (JV) with Encounter Resources at the Aileron copper-gold-rare earths project in Western Australia.

Friday, February 12, 2021 - 12:50:06 PM

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Mining News Pro - Newcrest Mining has withdrawn from its joint venture (JV) with Encounter Resources at the Aileron copper-gold-rare earths project in Western Australia.

Thursday, February 11, 2021 - 1:17:03 PM

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Mining News Pro - Venture Minerals has set a pathway for iron ore production at the Riley mine in Tasmania by next quarter after completing construction of the wet screening plant.

Wednesday, January 20, 2021 - 1:01:00 PM

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Mining News Pro - Fortescue Metals Group is looking into developing a green ammonia plant in Bell Bay, Tasmania that will be powered entirely by the state’s renewable energy.

Tuesday, November 17, 2020 - 12:00:38 PM

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Mining News Pro - Leading Fortune 500 global trading and business investment company Sumitomo Corporation, which has a strong focus on the hydrogen economy, has become the latest investor in partnership with venture capital company AP Ventures Fund II.

Wednesday, October 28, 2020 - 12:43:59 PM

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Mining News Pro - Venture Minerals has begun construction of its wet screening plant at the Riley iron ore mine in Tasmania following completion of the initial mining and dry screening operations.

Friday, October 9, 2020 - 1:35:59 PM

Visit: 375

Mining News Pro - Venture Minerals has awarded Qube with preferred road haulage status for its Riley iron ore mine in Tasmania.

Monday, August 31, 2020 - 11:32:15 AM

Visit: 501