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United States
Nvidia, Joining Big Tech Deal Spree, to License Groq Technology, Hire Executives
Nvidia has entered into a non-exclusive licensing agreement with artificial intelligence startup Groq to use Groq's chip technology focused on AI inference,…
Nuclear Power Plant (NPP)
Russia Plans a Nuclear Power Plant on the Moon Within a Decade
Russia's state space corporation Roscosmos announced plans to construct a lunar power plant by 2036. The agency has signed a contract with the Lavochkin Ass…
LNG
Malaysia’s Petronas Signs LNG Supply Deal With China’s CNOOC
Malaysian state-owned energy company Petroliam Nasional Berhad (Petronas) announced on Wednesday that it will supply Chinese offshore oil and gas company CNOOC …
Metal
Argentina’s Tax Break Program Approves $665M Gold Mine Project
Argentina's RIGI tax break scheme committee has approved a $665 million gold and silver mining project in the western San Juan province, Economy Minister Lu…
Japan
UBE Mitsubishi Cement to Halt Kiln at Kyushu Plant by 2027
Mitsubishi Materials has announced that its 50:50 equity-method affiliate, UBE Mitsubishi Cement Corporation, formed with UBE Corporation, has approved a reorga…
United States
John Deere Agrees to Buy US Construction Tech Firm Tenna
Deere & Company (John Deere) has entered into an agreement to acquire Tenna, a US-based construction technology company, for an undisclosed amount. The announce…
Metal
Japan to Test Rare-Earth Mining From Deep Seabed Mud
Japan will conduct a month-long test to extract rare-earth-rich mud from the deep seabed near Minamitorishima Island, a remote location about 1,900 kilometres s…
Brazil
Hanseatic Global Terminals to Develop New Brazil Hub
Hanseatic Global Terminals (HGT) has signed an agreement with Imetame Group to acquire a 50 per cent stake in Imetame Logística Porto (ILP), a joint vent…
Austria
Borealis Partners With Bluealp to Advance Chemical Recycling
Borealis Group, based in Vienna, Austria, has entered into a strategic partnership with BlueAlp, a chemical recycling technology provider headquartered in Eindh…
China
ByteDance Signals Major AI Infrastructure Push With $23BN Investment Plan
ByteDance, the Beijing-based parent company of TikTok, has outlined preliminary plans for capital expenditure of approximately 160 billion yuan (about $23 billi…
Nuclear Reactor
Sweden’s Vattenfall Applies for State Aid for New Nuclear Reactors
Swedish utility Vattenfall has submitted an application for state financing to construct new nuclear reactors at its Ringhals facility, marking the first such r…
Oil&Gas Drilling
Norway’s November Oil and Gas Production Beats Forecast
Norway's combined oil and gas production in November exceeded the official forecast by 0.9%, according to preliminary data released by the Norwegian Offshor…
Metal
Gold and Silver Soar in Year-End Rally
Precious metals continued their strong upward momentum in late December, with gold approaching $4,500 per ounce and silver reaching new peaks near $70 per ounce…
India
India’s Rice Stocks Surge to Record High as Paddy Procurement Climbs
India's government rice reserves have reached a new high for the beginning of December, following increased procurement of the fresh paddy harvest by state …
India
Tata Chemicals Acquires Sodium Bicarbonate Manufacturer Novabay
Tata Chemicals Ltd. (TCL), based in Mumbai, India, has announced that its wholly owned subsidiary, Tata Chemicals International Pte. Limited (TCIPL), has signed…
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