via Mining.com.au Shareholders of Evolution Energy Minerals have voted in favour of a $3.62 million investment from China-based battery anode specialist BTR New Material Group. This marks the final approval necessary for the investment to go ahead, meaning #EV1 is now set to issue to BTR 25.86 million shares at $0.14 per share — marking a 9.9% interest in the Australian graphite company. Shareholders voted 99.96% in favour of the deal. The parties have agreed to adjust the issue price of the shares under the BTR Investment to $0.14, the equivalent price of the company’s most recent capital raising. The change in the issue price will result in BTR investing $3.62 million into Evolution for a 9.9% interest in the company. Learn more: https://loom.ly/YMxQ8-I #EvolutionEnergyMinerals #graphite #ASX
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A Glimpse into PDAC 2024 and the Future of Mining ➡️Global Interest in Energy Transition Metals: As the world wakes up to the crucial role of metals in the energy transition, the 92nd annual Prospectors & Developers Association of Canada (PDAC) becomes a critical meeting ground. ➡️Rising Funding for Battery Metals & Uranium: The shift towards sustainable energy is reshaping where investments flow, yet juniors face uphill battles in financing. ➡️A Tough Year for Financing: With a notable absence of large financing deals for juniors, the industry reflects on innovative strategies to attract capital. What's next for junior miners? Drop by booth 2736 to discuss with President & CEO Patrick Elliott how Forte plans to contribute to the exploration and mining industry's sustainable future through our pipeline projects. 🤝⛏️ #pdac2024 #mining #sustainablemining #juniormining #smallcapstocks #copper https://shorturl.at/ekvL6
Optimism for metals clashes with reality for juniors ahead of PDAC - MINING.COM
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The world’s first 10-meter high longwall #mining technology and equipment project undertaken by CCTEG was reported in detail by China National TV program. For decades, traditional mining techniques struggled with the safe and efficient extraction of coal seams around 10 meters thick, often resorting to less effective, multi-layer mining practices. Recognizing this challenge, CCTEG, in collaboration with Shaanxi Coal Group, formed a dedicated research team. After four years of relentless effort and leveraging its strong technological innovation capabilities, CCTEG introduced this pioneering technology, marking a leap forward in mining technology. With a commitment spanning over 70 years, CCTEG has consistently focused on enhancing energy security and spearheading innovation in #coal technology. Our dedication to an innovation-driven development strategy has enabled us to push the boundaries of technological advancement, ensuring safe, green, and clean coal development. As we continue to overcome key technological challenges, we are proud to drive progress in the coal industry towards a more sustainable and efficient future.
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Galileo MiningLtd (ASX:GAL, OTC:GLMGF) is trading higher on inking a farm-in and joint venture (JV) agreement with major Australian mining company Mineral ResourcesLtd (ASX:MIN) (MinRes) for lithium rights over the Norseman Project in Western Australia. GAL has agreed to sell 30% of its #lithium rights on Norseman tenements in return for A$7.5 million in cash consideration, with A$5 million to be paid within five days of the joint venture agreement’s (JVA) execution. A further A$2.5 million will be paid within 12 months of the JVA, with Galileo and MinRes forming a JV to explore for lithium at Norseman. Under the JV, MinRes will fund exploration over four years to the tune of A$15 million, thereby expanding its interest in lithium rights on the tenure to 55% – stage 2 of the JVA. Investors welcomed the agreement with GAL shares as much as 18.37% higher in early ASX trading to A$0.29. More at #Proactive #ProactiveInvestors #LithiumMining #BatteryMetals #CriticalMinerals #MiningAustralia http://ow.ly/HiG1105vkQh
Galileo Mining higher on executing farm-in with Mineral Resources for lithium rights at Norseman Project
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Dive into an in-depth analysis of the latest key trends shaping the global coal mining industry. Gain insights from a detailed exploration of the leading countries in coal production, the major industry players, and the potential future trajectory of coal mining. This is an essential read for anyone interested in understanding the current landscape of the coal mining industry and its impact on global energy trends. Major key players in coal mining industry: Glencore, BHP, China Shenhua Energy Co., Ltd., Coal India Limited, Yankuang Group, Anglo American, NTPC Limited, Yancoal Australia Ltd, CONSOL Energy, Peabody Energy. Click the link below to access the full report: https://lnkd.in/gGzFvPKe #coalmining #energyindustry #globaltrends #sustainableenergy #industryinsights #futureofenergy #miningindustry #coalproduction
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This is a major step forward for the Mining Industry of the Philippines. Coming from the ASEAN-Australia Special Summit, PBBM was able to secure over a billion in business investments, among these being the Mineral Production Sharing Agreement (MPSA) with Australian Miner, Celsius Resources. This will be the first new copper project in the country in the last fifteen years! The mining of copper is significant in infrastructure development, technological advancements, renewable energy sectors, and electric vehicle developments, among many more. Onward and upwards for sustainable mining in the Philippines! Read more on the article from the Manila Standard #Mining #SustainableMining #MiningPhilippines #ASEANAustraliaSpecialSummit #RenewableEnergy #SustainableDevelopment Chamber of Mines of the Philippines
BOI approves first copper mining project in PH in last 15 years - Manila Standard
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Copper is Green and Newmont is Keen! Copper has an important role in the green economy, being used for electricity distribution, electrical equipment and devices, industrial machinery, wind turbines, solar panels and in powering electric vehicles. In December 2023, the Australian Government introduced Australia's strategic materials list, highlighting commodities essential for the energy transition, with Copper listed as one of the five metals. Fantastic to see mining companies taking interest in the metal, and working to increase the available supply. Read the whole article here: https://lnkd.in/gab_Q-dc #RealTimeInstruments #Copper #AustralianMining #Mining Australian Mining Newmont Australia Newmont Corporation #GreenEnergy #EnergyTransition #AustralianGovernment #StrategicMaterials #MiningTechnology #MiningCompany
Newmont keen on copper - Australian Mining
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Celsius Resources Limited (ASX:CLA, AIM:CLA) is closer to becoming the newest #CopperProducer in the Philippines after the Philippine Department of Environment and Natural Resources approved the MCB Project’s mining permit. The market has responded enthusiastically, sending CLA shares climbing as much as 53.85% in the first hour of ASX trading to A$0.02. This permit grants CLA exclusive rights to undertake exploration, development and commercial production of #copper and associated minerals at MCB for the next 25 years, with an option to renew for a further 25. It marks the first copper project to be approved in the Philippines in 15 years, opening the path to mine development at the MCB Copper-Gold Project in northern Luzon. More at #Proactive #ProactiveInvestors #ASX #AIM #CLA #CopperMining #BatteryMetals http://ow.ly/cL0B105mlvU
Celsius Resources moves closer to MCB Copper Project production with mining permit granted
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Is lithium the new gold? In Argentina there is one of the largest reserves of the most precious commodity on earth nowadays. Why Lithium? Because it is essential for making chips for electric cars , smart phones and computers. Corporations like Barrick and Río Tinto are investing heavily for extracting this precious metal and many others like copper and gold are expected to follow through. Our survey has showed that during the next five years exports of this metal will surpass exports of meat. The famous argentine steak will be more expensive and harder to find while the mining industry is expected to soar. Source: Bloomberg #economy #economía #finanzas #mineria #argentina #milei #mining #litio #argentina
Robert McEwen seeks $100 million for Los Azules as President Milei boosts prospects for economic reforms. The copper project can be a game-changer for Argentina's mining industry and renewable energy. #Mining #Investment McEwen Mining Inc. Michael Meding #RenewableEnergy #CarbonNeutral #criticalminerals #copper https://lnkd.in/grXyP3pq
Rob McEwen seeks $100 million for Argentina copper mine as Milei boosts prospects - MINING.COM
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Pivotal player in the US electric vehicle (EV) supply chain Piedmont Lithium Inc. (ASX:PLL, OTC:PLLTL) has shared a comprehensive update on its corporate and project developments. The North American Lithium (NAL) operation, a joint venture with Sayona Mining in Quebec, reported record production of 34,237 dry metric tonnes of spodumene concentrate in the fourth quarter of 2023, marking a 9% increase on the previous quarter. What’s more, the company anticipates further advancements in productivity and cost-efficiency, particularly upon the mid-2024 completion of key capital projects like the crushed ore storage dome, which is expected to significantly reduce production costs. “We are very pleased with the progress at NAL and anticipate continued operating improvements through 2024," said Piedmont Lithium (ASX:PLL, OTC:PLLTL) president and CEO Keith Phillips. More at #Proactive #ProactiveInvestors #ASX #OTC #PLL #EVs #Lithium #Mining #CriticalMinerals #PLLTLhttp://ow.ly/YjTv105fvK0
Piedmont Lithium targeting cost-efficient lithium mining on two continents with NAL and Ewoyaa investments
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via Mining.com.au Evolution Energy Minerals has reassured investors that its planned investment agreement with China-based battery anode specialist BTR New Material Group is set to proceed without a hitch. #EV1 says its Chairman and Managing Director spent the first week of January 2024 at BTR’s headquarters in China to present additional information to help facilitate the investment decision. With BTR’s internal approval process nearing completion and Evolution saying it has not been notified of any due diligence issues, the company expects to land final approval for the investment before the end of the month. Learn more: https://loom.ly/3DvqrM0 #EvolutionEnergyMinerals #graphite #ASX
Evolution edges closer to $4.9 million BTR investment - Mining.com.au
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