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Metal

Syrah Resources to Restart Balama Graphite Operation in Mozambique

Syrah Resources has initiated the restart process of its Balama graphite operation in Mozambique. Maintenance and inspection teams have returned to the site, ma…

Kazakhstan

Funding Secured for Kazakh Sulphuric Acid Plant

Kazakhstan’s national atomic company, Kazatomprom, has secured a credit line to support the construction of a new sulphuric acid plant in Taikonur, locate…

Floating Solar

India Plans 50 MW Floating Solar Plant at Nuclear Site

The Nuclear Power Corporation of India Limited (NPCIL), a state-run entity, has approached Ciel & Terre to explore the development of a floating solar plant at …

United Kingdom

UK, Switzerland in Talks About a Direct Rail Link

Switzerland and the United Kingdom have signed a memorandum of understanding (MoU) to explore the development of a direct rail link between the two nations. The…

Singapore

Singapore Finally Starts Work on $3.5bn Terminal 5

Singapore has commenced construction on Changi Airport’s Terminal 5 (T5) in the Changi East development, five years after the project was paused due to th…

China

Shanghai Spot Box Rates to US West Coast Leap 31% in Just One Week

Spot freight rates from China to the United States surged significantly, as reported by the Shanghai Shipping Exchange on May 16, 2025. Rates from China to the …

China

COSCO Inks VLGC Orders

COSCO Shipping Investment Dalian, a subsidiary of Chinese state-owned shipping company COSCO, has ordered two 88,000 cubic meter gas carriers from COSCO Heavy I…

Geothermal Power Project

Renascent Energy Completes Successful Geothermal Test on Depleted Shale Well in Texas

Renascent Energy, based in Houston, Texas, has successfully completed a groundbreaking geothermal test in a depleted shale well at the Eagle Ford shale formatio…

Geothermal Power Project

Geothermal Could Be a Strategic Energy Source for Lithuania, Says KTU Scientist

Lithuania holds significant potential for geothermal energy, particularly for heating in its western region, though development requires substantial investment …

Electric Vehicles

Honda China, CATL Deepen Partnership on NEV Tech R&D, Supply Chain Management

Honda Motor (China) Technology Co., Ltd. (HMCT) and CATL signed a memorandum of understanding on May 16, 2025, to strengthen their strategic partnership, as ann…

Nuclear Power Plant (NPP)

Westinghouse Grows Bulgarian Supply Chain

Westinghouse has signed memorandums of understanding with seven Bulgarian suppliers to support the construction of two AP1000 pressurized water reactor units at…

Metal

Medallion Secures $17M Commitments to Advance Ravensthorpe-Forrestania Project in Australia

Medallion Metals has secured binding commitments to raise approximately A$27.5 million ($17.6 million) through an institutional placement to advance its Ravenst…

Metal

Starr Peak Mining Acquires Copper Clive Project in Québec, Canada

Starr Peak Mining, a Canadian mineral exploration company, has acquired the Copper Clive Project in the Abitibi Greenstone Belt of Québec, Canada. This a…

Electric Vehicles

BYD Establishes European Headquarters in Budapest

On May 15, 2025, BYD announced the establishment of its European headquarters in Budapest, Hungary, marking a significant step in its global expansion. The new …

Gas power plant

Vistra to Buy 2.6GW Generation Capacity From Lotus for $1.9bn

Vistra, an integrated retail electricity and power generation company, has agreed to acquire a portfolio of natural gas generation facilities from Lotus Infrast…