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Metal

China Approves General Export Licenses for Rare Earth-Related Items: Commerce Ministry

China's Ministry of Commerce announced on December 18, 2025, that it has received and approved applications from certain domestic exporters for general expo…

China

World’s Longest Expressway Tunnel to Open to Traffic in Xinjiang by Year-End

The Tianshan Shengli Tunnel, recognized as the world's longest expressway tunnel at 22.13 kilometers, is scheduled to open to traffic by the end of 2025. Th…

Germany

BASF and OQEMA Ink Distribution Deal in Central and Eastern Europe

BASF SE has established a new distribution agreement with OQEMA, a prominent chemical distributor in Europe, for supplying polymer dispersions and additives use…

Australia

Australia’s First Timber Fire Station Wins International Prize

The Queensland Fire and Emergency Services North Coast Region Headquarters and Maryborough Fire and Rescue Station in Australia has received the Public Infrastr…

Electricity Transmission

SSE’s Transmission Arm Secures $1.34 Billion UK-Backed Facility for Scotland Power Grid

SSEN Transmission, primarily owned by SSE Plc (SSE.L), has obtained a £1 billion($1.34 billion) 12-year bank facility to fund significant electricity grid…

South Korea

LG Chem Submits Petrochem Restructuring Plan to Government

South Korea's petrochemical sector is advancing its restructuring initiatives as several major companies submit plans to the government.On December 19, 2025…

Brazil

Soybean Exports From Brazil Are Accelerating

Brazil has recorded a substantial rise in soybean exports during the early part of December 2025, according to data from the Secretariat of Foreign Trade (SECEX…

Pumped Storage

Commonwealth Greenlights Exploratory Works for Borumba Pumped Storage Project

Queensland Hydro has obtained regulatory approval from the Commonwealth to conduct exploratory works for the proposed Borumba pumped storage hydro project. This…

SMR

Samsung Wins Approval for Floating SMR

Samsung Heavy Industries (SHI) has developed a conceptual design for a floating offshore nuclear power platform that can accommodate various small modular react…

Solar Battery (Storage)

AMEA Power and Kyuden Partner With IFC for Solar Battery Storage Project in Egypt

AMEA Power, in partnership with Japan's Kyuden International Corporation and the International Finance Corporation (IFC), along with other collaborators, is…

Germany

ABB to Power Vulcan Energy's Renewable Lithium Project in Germany

ABB has been chosen by Vulcan Energy to supply the complete electrical infrastructure for the Phase One Lionheart Project located in the Upper Rhine Valley, Ger…

United States

China’s Bytedance Signs Deal to Form Joint Venture to Operate TikTok US App

ByteDance, the owner of TikTok, announced on Thursday that it has executed binding agreements with key investors to establish a joint venture for operating the …

Gabon

Gabon Plans New Housing Tax to Help Tackle Rising Debt

Gabon intends to launch a new housing tax starting in January to support the financing of national requirements amid ongoing debt growth. The nation is experien…

Nuclear Reactor

France’s EDF Raises Cost Estimate for Six Reactors to 72.8 Billion Euros

France's state-owned utility EDF has announced that it will limit the construction costs for six new nuclear reactors to 72.8 billion euros ($85.29 billion)…

Andorra

Andorra Telecom’s 5G Upgrade Doubles Speed and Capacity for Users Nationwide

Andorra Telecom has completed the nationwide expansion of its 5G network using the 3.5GHz band, delivering increased capacity, higher speeds, and greater reliab…