Grupo Mexico in advanced talks for Citigroup’s Banamex unit
The mining giant is in advanced talks to acquire Citigroup's Mexican retail bank, Bloomberg News reported.
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Glencore pays $180 million to Congo to settle corruption claims
Deal is the latest payment in a series of graft cases Glencore has faced and covers all alleged corruption activities between 2007 and 2018.
Phosphorous-based 2D material may lead to advanced solar cells, Li-ion batteries
UK-based researchers say phosphorene nanoribbons or PNRs can be used to help tackle the energy crisis.
Sigma Lithium secures $100 million for Brazil mine expansion
The expansion could triple battery-grade lithium concentrate production at the mine to 768,000 tonnes from years 2 to 8 of operations.
Papua New Guinea PM Marape presses mining, energy giants to advance projects
PNG wants progress on undeveloped projects as it sees opportunities to boost resource sales to Asia.
Colombian president calls for mining code reform
Gustavo Petro said that an update is urgent because the current code allows for mining exploration to take place in areas that host important freshwater resources and agricultural land.
Lack of refuelling infrastructure hindering adoption of fuel cell vehicles – report
The lack of hydrogen refuelling infrastructure hinders fuel cell vehicle rollout, according to IDTechEx.
War in east is eroding Congo’s budget surplus, finance minister says
Windfall revenue from mining has compensated for some of the unexpected expenses of fighting a rebellion.
Jindal Shadeed Group plans $3 billion green steel plant in Oman
Jindal Shadeed Group has the necessary approvals to secure land for a green hydrogen-ready project that can process 5 million tons of steel a year.