Press Releases
23 September 2024
XCMG Machinery has delivered a batch of XDE260 double-bridge rigid dump trucks, a large-scale equipment designed for open pit mine operations, to customers in Oceania, marking a new milestone as XCMG's mining equipment wins recognition by the top international mining market and filling the blank of the group's market development map in the global mining machinery sector. "XCMG Mining Construction is committed to the mission and vision of 'Leading Technology to Empow
Read more...21 September 2024
Cabot Corporation, a global specialty chemicals and performance materials company, announced it has been selected for an award negotiation of up to $50 million by the U.S. Department of Energy’s (DOE) Office of Manufacturing and Energy Supply Chains. This grant, part of the Bipartisan Infrastructure Law, will support Cabot’s development of a new U.S.-based manufacturing facility to produce battery-grade carbon nanotubes (CNTs) and conductive additive dispersions at commercial scal
Read more...21 September 2024
Group14 Technologies, the global leader in advanced silicon battery materials, has been selected for an award negotiation of up to $200M by the U.S. Department of Energy's (DOE) Office of Manufacturing and Energy Supply Chains as part of the second set of projects funded by the Bipartisan Infrastructure Law to expand domestic battery manufacturing for electric vehicles and the electrical grid. This marks the second time Group14 has been selected for a large-scale DOE grant in support of t
Read more...Trigon Metals Inc. announces that it has reached a key milestone, having mined an average of 980 tonnes of ore a day from its underground operations over a 30 day period and that it will pause its open pit operations at the end of September 2024 at the Company's Kombat mine in Namibia. Trigon has achieved a key milestone as required pursuant to the terms of the streaming agreement with Sprott Private Resource Streaming and Royalty (B) Corp. and Sprott Mining Inc. by exceeding av
Read more...20 September 2024
Tidal Metals today announced the completion of its $8.5 million Series Seed funding round led by DCVC with participation from First Spark Ventures and Bidra Innovation Ventures. The financing will fund the development and construction of a commercial pilot plant to demonstrate Tidal Metals' breakthrough technology for extracting primary magnesium metal from seawater. Magnesium is the lightest structural metal, weighing 75% less than steel, 50% less than titanium, and 33% less th
Read more...19 September 2024
Odyssey Marine Exploration, Inc. an ocean exploration pioneer engaged in the discovery, development, and extraction of critical minerals that provide solutions to global challenges, provides a company update. "The recent arbitration ruling and the 2018 Tribunal Federal de Justicia Administrativa (TFJA) ruling in our favor validate that our approach to responsible ocean mineral exploration is viable. We remain committed to the long-term success of our business, supported by a st
Read more...19 September 2024
A team of representatives from multiple well-known overseas media outlets visited Shendong Coal Group under CHN Energy Investment Group in northwest China. During the visit, the foreign media representatives applauded Shendong Coal's practice and innovation in smart and green development, praising the company as "a pacesetter in smart green development" in the global coal industry. Shendong Coal now has 13 modern, safe, and efficient mines. It has established
Read more...18 September 2024
Canada Nickel Company Inc.has announced the appointment of an Advisory Board for NetZero Metals Inc. to support the advancement of its nickel, stainless-steel and alloy processing facilities that are planned for the Timmins District. The Company also announced the appointment of Scott Lauschke as Vice-President Business Development with NetZero Metals. The Advisory Board will include Dr. Ulrich Albrecht Frueh, Boyd Davis, Christian Hempel, and Tony Warner. These industry experts bri
Read more...18 September 2024
Faraday Factory Japan LLC has passed a milestone of 5,000 km, or 1 Giga-Ampere-meter, cumulative deliveries of high-temperature superconductor (HTS) to fusion companies. The users of this enabling superconductor material are spread over four continents and pursue different fusion concepts – tokamak, stellarator, levitating dipole, and magnetic mirror. Superconductors produced by Faraday Factory Japan can be found in almost all fusion machine prototypes currently under development.
Read more...17 September 2024
Wheaton Precious Metals™ Corp. is pleased to announce the launch of the inaugural Future of Mining Challenge, which will award US$1 million to a winning venture to advance their technology. Given Wheaton's diversified global portfolio, the Company is committed to advancing the mining industry's sustainability efforts. This initiative supports innovative technologies aimed at minimizing environmental impacts, improving efficiencies, and contributing to climate solutions, whi
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