Xi

Metal

Canyon Resources Secures $140M for Minim Martap Bauxite Project in Cameroon

Canyon Resources has secured a $140 million syndicated credit facility through its subsidiary, Camalco Cameroon, from AFG Bank Cameroon to advance the Minim Mar…

Japan

Japan Aims to Cut Stockpiled Rice Prices to 2,000 Yen per 5KG

Japan’s farm ministry announced on Monday a plan to reduce stockpiled rice prices to approximately 2,000 yen ($14) per 5 kilograms (11 lb) and expedite it…

Solar Power Plant

Potentia Energy Completes 93MW Solar PV Plant in Victoria, Australia

Potentia Energy, a joint venture between Enel Green Power and INPEX, has completed the 93MW Girgarre solar photovoltaic power plant in Victoria, Australia. Loca…

China

Hudong-Zhonghua Commissions Giant New Shipbuilding Facility North of Shanghai

Hudong-Zhonghua Shipbuilding, a leading Chinese shipyard, has launched a major new facility on Changxing Island, north of Shanghai, to enhance its production of…

Electric Vehicles

Xiaomi EV Launches First SUV Model ‘YU7'

Xiaomi EV, a Chinese technology company, unveiled its first SUV, the YU7, on May 22, 2025, in China. Positioned as a luxury high-performance SUV, the YU7—named…

Metal

Zimbabwean Lithium Miners Request Export Tax Delay Until 2027

Zimbabwe’s lithium mining sector is seeking a delay in a new 5% export tax on lithium concentrate until local refining facilities are operational. The Zim…

Hydropower Plant

Statkraft Seeks Licence to Build New Aura Power Plant in Norway

Statkraft, a leading renewable energy company, submitted a license application to construct a new hydropower plant at Aura in Sunndal, Norway, with an estimated…

United Kingdom

Westminster Launches Market Engagement for £500M Housing Works Reprocurement

Westminster City Council has initiated a preliminary market consultation for a housing repairs and maintenance program valued at up to £600 million over a…

Mexico

Circles SaaS Platform Powers AT&T Mexico’s Digital Brand,Wim

AT&T Mexico, in collaboration with Circles, has launched Wim, a fully digital mobile brand designed to meet the demands of a connected world. Utilizing Circles…

Natural Gas

North Sea Operator Takes Steps to Boost Its Stake in UK’s Largest Gas Field

Ithaca Energy, a UK North Sea oil and gas operator, has signed an agreement to acquire an additional 46.25% operated interest in the Cygnus gas field from Spiri…

Uranium Project

First Phase of US Enrichment Plant Expansion Starts Up

Urenco USA has commenced production of enriched uranium from the first new gas centrifuge cascade installed as part of the expansion of its National Enrichment …

Crude Oil

India Plans to Spend $10B on Homebuilt Oil Tanker Fleet

India plans to invest 850 billion rupees (approximately $10 billion) through 2040 to acquire 112 crude oil carriers, according to sources familiar with the matt…

Oil Field

New Oil Discovery Springs up in Norwegian Waters

Aker BP, a Norwegian oil and gas company, has announced a new oil discovery in the Norwegian Sea, approximately 6 kilometers southwest of the Skarv field’…

Offshore Wind Power

Equinor, Polenergia Take FID on Baltyk 2&3

Equinor and Polenergia have finalized investment decisions for the Bałtyk 2 and Bałtyk 3 offshore wind projects in Poland, with a combined capacity of 1440 MW…

Metal

Metals X Invests $3M in Elementos to Advance Spanish Tin Project

Australian tin exploration company Elementos has secured a binding agreement with Metals X to raise A$5 million (approximately $3.2 million) through a strategic…