The Indian government has awarded three-year subsidy payments to nine companies for green hydrogen production projects, with AM Green Ammonia and Waaree Clean Energy Solutions emerging as the biggest recipients.India allocated ₹22.39 billion crores ($258.84 million) to support 450,000 tonnes per... More

Trafigura has appointed David Gallagher as Global Head of Structured Finance, based in Geneva.Gallagher brings over 25 years’ experience in derivatives, structured finance, principal investing and commodities to the role. He joins Trafigura from Signal Capital Partners in London where he... More

Hudbay Minerals is reportedly in talks with investors from Saudi Arabia, the UAE and Japan to sell a minority stake in its flagship Copper World project in Arizona.Hudbay CEO Peter Kukielski said he met with "a lot of the key interested parties" in Saudi Arabia in November, and potential... More

Santacruz Silver Mining has implemented a structured payment plan to accelerate its obligations owed to Glencore, securing a cost-saving of $40 million.As part of the agreement, Santacruz made an initial payment of $10 million to Glencore under the newly structured plan. The company will continue... More

Norway's Yara has signed a $1.4 billion multicurrency revolving credit facility with a syndicate of 11 banks. The facility matures in March 2030, with options for extension until March 2032 on certain terms. The facility replaces an existing facility due to expire in July 2026.The syndicate... More

Perpetua Resources is preparing to formally apply to the Export-Import Bank of the United States for debt financing for its Stibnite gold-antimony project in Idaho.Last April, during the Biden Administration, the ECA issued a Letter of Interest to Perpetua for $1.8 billion in debt financing for the... More

Ignitis Group has indicated that Lithuania’s first offshore wind project could face delays resulting from the slow uptake of electrolysis projects across Europe.The situation has reduced power offtake visibility for the 700MW wind project being developed by Ignitis Renewables. The company, in... More

Copenhagen Infrastructure Partners (CIP) has secured A$814 million (almost $515 million) through the Australian Government’s Hydrogen Headstart program for its 1,500MW Murchison Green Hydrogen project.The project is set to produce approximately 1.8 million tonnes of green ammonia annually,... More

The US is stalling the distribution of $2.6 billion in climate finance to South Africa, stoking concerns the money might be blocked outright, sources said.At a meeting earlier this month, US representatives prevented the World Bank-linked Climate Investment Funds from approving a $500 million... More

Brazil has granted significant tax exemptions to Solatio's 3GW green hydrogen and ammonia project. With a $4.7 billion investment, the export-focused facility plans to make a final investment decision this year.The Brazilian government granted the project substantial tax incentives, notably an... More

Tungsten mining company EQ Resources has secured five long-term offtake agreements for tungsten production from its operations in Australia and Spain.These contracts, covering the next 24 months, are valued at an estimated $124 million (A$197.18 million) and involve 470 containers, each containing... More

Consumer Protection and Technical Regulation Authority (CPTRA) has received applications from two companies seeking to bid in Estonia’s auction of the Saare 7 sea area.OU Utilitas Wind and Sunly Wind OU are the companies that will contest the auction in June 2025 for the right to build an... More

Saudi Arabia’s Ministry of Industry and Mineral Resources has announced the winners in its first mineralised belts licensing round for Jabal Sayid and Al-Hajjar sites.The winning companies include Noring Ajlan & Brothers Mining Company for the Southern Al-Hijjar site and a consortium of... More

Arafura Rare Earths has agreed to supply up to 300 tonnes a year of NdPr Oxide from the Nolans Project to Traxys Europe. The binding offtake agreement is for an annual contract volume 100 tonnes per annum over five years from the project in Australia, with further volume of 200 tonnes per annum at... More

Alexander Malahias has joined Akin's corporate practice to co-lead the launch of the firm’s office in Riyadh, which expected later this year. Malahias will be based in Akin’s Abu Dhabi office until the firm receives its final approvals on its application for a license to operate in... More

ORLEN and Naftogaz have signed a natural gas supply contract, securing deliveries for Ukrainian consumers in April. This is the second contract executed under the cooperation agreement established between the two companies earlier this year. The gas will be sourced from the US.For the purpose of the... More

Panama's National Energy Secretariat (SNE), in collaboration with the EU, has completed a draft regulatory framework to facilitate the growth of its green hydrogen market. This effort seeks to capitalise on Panama’s strategic geographic position and robust logistics infrastructure, aiming... More

AfDB has announced plans to launch a $500 million facility designed to unlock $10 billion in financing for smallholder farmers and small agribusiness enterprises across Africa.The facility will deploy multiple financial instruments, including trade credit guarantees, first-loss coverage, blended... More