Press Releases
Defense Metals Corp. is pleased to announce that it has been named as a recipient for funding of up to C853,825 from Natural Resources Canada's (NRCan) Critical Minerals Infrastructure Fund (CMIF) to support the advancement of infrastructure for its Wicheeda Rare Earth Element (REE) deposit, located northeast of Prince George, British Columbia. Highlights: Conditional funding approval for up to C$853,825 from Natural Resource Canada's Criti
Read more...Huawei Cloud Commercial Vehicle Autonomous Driving Cloud Service (CVADCS) is excited to announce its debut at Mobile World Congress (MWC) 2025, showcasing pioneering developments in intelligent driving for the mining industry. This is the first international launch of CVADCS, underscoring our commitment to technological innovation and market expansion outside of China. At MWC 2025, Huawei Cloud CVADCS will demonstrate how it transforms open-pit mining operations with smart vehicle-c
Read more...Blastr Green Steel (Blastr) has signed a memorandum of understanding (MoU) with Aurora Infrastructure regarding a build, own and operate (BOO) agreement, under which Aurora will design, construct, operate, maintain and finance the electricity distribution facilities for Blastr's planned steel plant in Inkoo, Finland. Aurora Infrastructure is a Finnish electricity network partner for the industry, responsible for network development, necessary network investments, and network mai
Read more...1 March 2025
Canada Metal Processing Group and its subsidiaries, Ivaco Rolling Mills, Sivaco, and Infasco, are announcing the difficult but necessary steps to respond to the current challenging market environment and the threat of incoming tariffs from the United States on steel and steel derivatives. These measures will help maintain the majority of MPG Canada’s footprint and workforce while reacting to the impact that these threats are already having on the company’s demand for its products
Read more...28 February 2025
STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, has introduced the Teseo VI family of global navigation satellite system (GNSS) receivers aimed at high-volume precise positioning use cases. For the automotive industry, Teseo VI chips and modules will be core building blocks of advanced driving systems (ADAS), smart in-vehicle systems, and safety-critical applications such as autonomous driving. They have also been designed t
Read more...28 February 2025
Greenwave Technology Solutions, Inc. today announced that its Chairman and Chief Executive Officer, Danny Meeks, is expected to be interviewed on BNN Bloomberg at 3:05pm Eastern Standard Time today. The interview is expected to focus on surging demand and prices for U.S. scrap metal resulting from President Trump's recently announced 25% steel and aluminum tariffs without exceptions or exclusions. As one of the Mid-Atlantic's dominant suppliers of mill-ready shred
Read more...27 February 2025
Rio Tinto Chair Dominic Barton said: “As we reported last year, the size of the Board peaked at 14 Directors as we retained the expertise and experience of our longer-serving Directors during a transitional period as newer Directors familiarise themselves with the Group. That transitional phase is now largely concluded so we will make the following changes to the Board during 2025. “At the conclusion of the Rio Tinto Limited AGM in May 2025, Sam Laidlaw will step down as
Read more...27 February 2025
Navitas Semiconductor, the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, has announced it will attend APEC 2025 and highlight the latest advances in GaN and SiC wide bandgap technologies for AI data center EV, and mobile applications. Additionally, Navitas will highlight its latest ‘paradigm in power conversion’, unveiled in a live-streamed press event on the 12th of March.
Read more...26 February 2025
Rio Tinto notes that Mitsui & Co. has entered agreements to acquire a 40% interest in the Rhodes Ridge Joint Venture (RRJV) from Rio Tinto’s partners. Mitsui & Co. has agreed to acquire all of VOC Group Limited’s (VOCG) 25% interest1 in the joint venture. Separately, Mitsui & Co. has entered into a heads of agreement (HOA) to acquire a further 15% interest in the RRJV from AMB Holdings Pty Ltd1. Both transactions are subject to regulatory approvals
Read more...26 February 2025
Today, Metro Supply Chain, a strategic supply chain solutions partner to many fast-growing and global organizations, confirmed the continuation of its successful partnership with Lance Stroll, Aston Martin Aramco Formula One™ Team driver, as his Official Marketing Partner. In its second year, the collaboration will see Metro Supply Chain's distinctive logo remain prominently displayed on the Canadian driver's newly designed race helmet for select races throughout the 2
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