Chilean Cobalt has received an extension of a non-binding Letter of Interest from the Export-Import Bank of the United States for a potential debt funding package of up to $317.4 million. The proposed loan, with a tenor of up to 15 years, would support the development of the company's La... More

Alstom has been awarded a €135 million (about $154 million) contract by Chennai Metro Rail to design, manufacture, supply, test and commission 96 Metropolis metro cars for Chennai Metro Phase II in India.The project is about 119km long with over 76km elevated and 43km underground, operating... More

The EU has announced 13 new raw material projects outside the bloc to increase its supplies of metals and minerals essential for the energy transition, defence and aerospace.The announcement follows China's decision in April to impose export curbs on rare earth magnets until new licences are... More

The Ministry for Ecological Transition and the Demographic Challenge (MITECO) has allocated €524 million (about $597 million) from the Recovery, Transformation, and Resilience Plan to five Spanish projects for the use of renewable hydrogen in large-scale industrial activities.These initiatives... More

Electric vehicles company Lucid Group has signed a multi-year supply agreement with Graphite One for US-sourced natural graphite. Following other recent agreements with Syrah Resources and Graphite One, future Lucid vehicles will increasingly utilise natural and high-performance synthetic... More

Hydrogene de France (HDF Energy) has signed agreements to accelerate the development of its Renewstable green hydrogen power plants in Indonesia.A tripartite MoU was signed with Indonesia’s national electricity operator PLN and state-owned infrastructure financier PT SMI. The agreement... More

Marimaca Copper has announced a proposed non-brokered private placement of an aggregate of 5,311,416 common shares at a price of C$4.60 per share, for gross proceeds of around $17.7 million (C$24,433,000).The private placement is expected to be subscribed for by existing insider shareholders of the... More

UAE-based International Resources Holding has agreed to buy a controlling stake in major tin producer Alphamin Resources for C$503 million ($367 million) as the firm expands its presence in African mining.IRH, a unit of International Holding Co, entered into an agreement to buy a 56% stake in... More

Defense Metals has received a letter of interest from Export Development Canada regarding the ECA participating as mandated lead arranger for potential debt financing of up to $250 million to support the Wicheeda Rare Earth Element (REE) Project in British Columbia.The LOI was issued in response to... More

BP and EnBW have rejected a proposal from BAE Systems that could force the temporary shutdown of the planned 1.5GW Mona wind farm to prevent interference with radar.The suggested measure would oblige the duo to cease generation in the event of a failure to other approved radar mitigation schemes at... More

SACE has backed a €150 million EIB loan to Acqua Novara.VCO to improve the efficiency and resilience of water infrastructure in the Italian provinces of Novara and Verbano-Cusio-Ossola.The financing is backed by SACE’s Archimede guarantee - which covers two-thirds of the funding - and the... More

Glenfarne Alaska LNG, majority owner and lead developer of Alaska LNG - a JV with Alaska Gasline Development Corporation - has completed the first round of its Strategic Partner selection process. The company said over 50 companies from the US, Japan, Korea, Taiwan, Thailand, India, and the EU... More

Element Resources is investing $1.85 billion in what is planned to be North America’s largest hydrogen production facility. Construction on the Lancaster Clean Energy Center, located in that city about 70 miles north of Los Angeles, is scheduled to begin later this year.Gov. Gavin Newsom... More

Climate Fund Managers and IPP Societe Des Energies Nouvelles (SODEN) have signed a $3 million development funding agreement to co-develop the Divo Biomass Project, which claims to be the world’s first grid-connected cocoa waste-to-energy power plant in Cote d’Ivoire.Located in Divo, a... More

Rachika Sahay has joined Cyril Amarchand Mangaldas (CAM) as a partner in its projects and infrastructure practice in the firm’s Delhi-NCR office, and brings a team of four associates. With more than 20 years of experience, Sahay has advised on various transactions across the energy and... More

The Scottish government has launched a consultation on its updated Sectoral Marine Plan for Offshore Wind Energy, seeking input on the draft.The plan will be used to help inform the delivery of offshore wind projects from the ScotWind and Innovation and Targeted Oil and Gas (INTOG) seabed leasing... More

Barrick Gold has completed the sale of its 50% stake in Alaska’s Donlin Gold project for $1 billion in cash, handing over one of the world’s largest undeveloped gold deposits to joint buyers Novagold Resources and Paulson Advisers.The transaction reshapes ownership of Donlin Gold, with... More

Shell has reached a final investment decision on its Aphrodite gas field offshore Trinidad & Tobago.Development of Aphrodite is still subject to regulatory approvals, according to Shell. Once approved, it is expected to start production in 2027 at peak rates of about 18,400 barrels of oil... More