Eurobattery Minerals to acquire majority stake in Spanish tungsten miner
Miner signed a non-binding letter of intent to invest €2.5 million in Spanish company Tungsten San Juan and obtain 51% ownership on a fully diluted basis.
The hedge fund also recommended increasing dividends by discontinuing share buybacks and divesting a minority stake in Glencore's lucrative trading division.
New £18 million Centre for Doctoral Training in Digital Transformation of Metals Industry has been funded by the Engineering and Physical Sciences Research Council.