Press Releases

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

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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

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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

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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

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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.

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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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One of our valued UK hauliers, Clugston Distribution, are celebrating a 100 year milestone in their association with Scunthorpe steelworks. The relationship began in 1924 when North Lincolnshire Iron Co. Ltd. invited J.G. Clugston Ltd. to work one of their North Lincoln slag banks to create some employment in the town during the economic slump. The invitation was taken up and represented the first involvement of J.G. Clugston Ltd in the production of blast furnace slag which was mar

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Alcoa announced today that it has entered into a binding share purchase and subscription agreement with Saudi Arabian Mining Company, under which Alcoa will sell its full ownership interest of 25.1% in the Ma’aden Joint Venture to Ma’aden for approximately $1.1 billion. The transaction consideration comprises approximately 86 million shares of Ma’aden and $150 million in cash. The joint venture was created in 2009, as a fully integrated mining complex in the Kingdo

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Polymatech, a multinational corporation (MNC), a leading player in semiconductor manufacturing with a strong presence in India and global business operations in USA, Singapore, Bahrain, UK and UAE today announced the signing of a Memorandum of Understanding (MoU) with ECM Group, a globally recognised leader in advanced microelectronics and semiconductor technologies to establish a Joint Venture Company in Grenoble, France. The new venture will focus on producing sapphire ingots and wafers, ke

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The industrial scale-up H2 Green Steel is changing its name to Stegra. The company's purpose is to decarbonize hard to-abate industries. Stegra will do so by leveraging all three platforms it works with: green hydrogen, green iron and green steel. H2 Green Steel was launched in 2021 to reduce emissions in the steel industry on a very ambitious timeline. By showing that it can be done, the company also aimed to inspire the incumbent steel industry to speed up the pace of change.

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