Velocity Minerals sells Bulgarian assets for $59 million cash
The sale includes the Rozino project, which is permitted and has been advanced to the pre-feasibility stage.
Latest Stories
Hurricane Helene halts quartz mines needed for chipmaking
The halt in operations could affect global supply chains that depend on semiconductors to make phones, solar panels and other technology.
Pure Lithium acquires vanadium cathode materials company Dimien
The company says the acquisition will accelerate the development of its lithium metal vanadium battery.
Saudi’s mining minister sees no obstacles to dealmaking in Canada
Canada’s government introduced new rules in 2022 that added a layer of regulatory scrutiny to investments by foreign state-owned entities.
Wyloo to sell its low-carbon metal on Metalshub platform
In March, Wyloo said that if the LME failed to launch a green nickel contract, the industry would have to look for another trading venue.
Firms substituting cheaper aluminum for copper, trend growing
Currently, the price of copper is 3.8 times that of aluminum.
Vale, GEP partner to set Brazilian green hydrogen sector
They will assess the feasibility of building a green hydrogen plant in Brazil, which would eventually supply one of Vale’s mega hubs.
Rio Tinto, Green Lithium to develop Europe’s lithium supply chain
Rio's partnership with UK refinery developer Green Lithium seeks to reduce European dependence on supplies from China.
Arzyz Metals to launch $650 million Mexico plant expansion
Aluminum company will expand its Cienega de Flores plant in Mexico's Nuevo Leon state.
