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Metal
Rio Tinto Launches Corruption Inquiry at Oyu Tolgoi
Oyu Tolgoi LLC, a subsidiary of Rio Tinto Group, announced that it is conducting an internal investigation into allegations of corruption and unethical behavior…
Metal
CMOC to Invest $1.1b to Expand Congo Copper Mine
China’s CMOC Group announced plans to invest $1.08 billion to expand its KFM copper mine in the Democratic Republic of Congo (DRC), aiming to increase annual c…
Metal
JP Morgan Sees Gold Prices Averaging $5,055 per Ounce by Late 2026
JP Morgan analysts on Thursday reaffirmed their optimistic outlook on gold, projecting that prices could average $5,055 per ounce by the fourth quarter of 2026.…
Ethiopia
Ethiopian Investment Holdings to Construct Urea Fertilizer Plant
Ethiopian government officials announced plans to establish a large-scale urea fertilizer plant through a partnership between Ethiopian Investment Holdings and …
Saudi Arabia
Saudi Arabia Selects Contractor for $1.4bn Performing Arts Centre
Saudi Arabia’s Qiddiya Investment Company has awarded a construction contract worth about $1.4 billion to local contractor Nesma & Partners for the develo…
China
Nouryon Completes Metal Alkyls Capacity Expansion in China
Nouryon, based in Amsterdam, the Netherlands, has announced significant investments in China to meet rising demand for high-performance polymers and support its…
Carbon Credits
Philippines DoE Unveils Framework for Carbon Credits in Energy Sector
The Philippine Department of Energy (DoE) has introduced the country’s first regulations for carbon credits in the energy sector, marking a major step tow…
Metal
Critical Metals to Raise $50 Million for Greenland Rare Earth Project
Critical Metals (CRML.O) announced on Thursday that it will raise $50 million through a private investment in public equity (PIPE) deal with an institutional in…
Saudi Arabia
Center3 and HUMAIN Sign Framework Agreement to “Connect” the Kingdom’s AI Ambitions
HUMAIN, a leading artificial intelligence company in Saudi Arabia owned by the Public Investment Fund (PIF), has entered into a strategic framework agreement wi…
India
Google Plans $15BN AI Hub in India
Google has announced a $15 billion investment from 2026 to 2030 to develop artificial intelligence (AI) infrastructure in India, focusing on a new hub in Visakh…
United States
Meta Commits $1.5 Billion for AI Data Center in Texas
Meta Platforms (META.O) announced on Wednesday that it will invest $1.5 billion to build a new data center in El Paso, Texas, marking its 29th facility worldwid…
Wind Turbine
Ming Yang Announces $2BN Investment to Set Up Wind Turbine Plant in Scotland
Ming Yang Smart Energy, a prominent Chinese wind turbine manufacturer, has unveiled plans to invest up to £1.5 billion ($2 billion) in establishing a manu…
Metal
Rio Tinto Says Strong Year-End Iron Ore Push Needed as China Demand Surges
Rio Tinto announced on Tuesday that it will need a strong performance in the final quarter of 2025 to meet its annual iron ore shipment target, as Chinese deman…
Costa Rica
‘Train of Progress’: EU Co-Funds Costa Rica’s First Electric Railway
Costa Rica is set to build its first electric railway, supported by a $250 million loan from the EU’s European Investment Bank (EIB). The 51-kilometre com…
Electricity Transmission
Sri Lanka Secures $52M Loan for Power Transmission Project
Sri Lanka has secured a $52 million loan from the Asian Infrastructure Investment Bank (AIIB) to support the Kerawalapitiya–Port L Second Transmission Lin…

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Rio Tinto Launches Corruption Inquiry at Oyu Tolgoi

CMOC to Invest $1.1b to Expand Congo Copper Mine

JP Morgan Sees Gold Prices Averaging $5,055 per Ounce by Late 2026

Ethiopian Investment Holdings to Construct Urea Fertilizer Plant

Saudi Arabia Selects Contractor for $1.4bn Performing Arts Centre

Nouryon Completes Metal Alkyls Capacity Expansion in China

Philippines DoE Unveils Framework for Carbon Credits in Energy Sector

Critical Metals to Raise $50 Million for Greenland Rare Earth Project

Center3 and HUMAIN Sign Framework Agreement to “Connect” the Kingdom’s AI Ambitions

Google Plans $15BN AI Hub in India

Meta Commits $1.5 Billion for AI Data Center in Texas

Ming Yang Announces $2BN Investment to Set Up Wind Turbine Plant in Scotland

Rio Tinto Says Strong Year-End Iron Ore Push Needed as China Demand Surges

‘Train of Progress’: EU Co-Funds Costa Rica’s First Electric Railway

Sri Lanka Secures $52M Loan for Power Transmission Project