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Rio Tinto approves lithium investment

NATURAL RESOURCES News July 2021 Rio Tinto approves lithium investment Rio Tinto will invest US$2.4 billion to develop the Jadar lithium-borates operation in Serbia. Once production starts, Rio Tinto will become the largest supplier of lithium in Europe for the next...

Billionaire establishes US$1.4 billion dollar gold fund

NATURAL RESOURCES News July 2021 Billionaire establishes US$1.4 billion dollar gold fund Naguib Sawiris, an Egyptian billionaire has established a US$1.4 billion fund to hold his own mining investments and to pursue new opportunities in the mining sector. The fund...

Investment opportunities and critical minerals

NATURAL RESOURCES News July 2021 Investment opportunities and critical minerals At the Green Energy Investment Opportunities virtual conference, a research geologist said that there are various rare-earth minerals present investment opportunities as they are used in...

Iron ore prices produce strong returns for shareholders

NATURAL RESOURCES News July 2021 Iron ore prices produce strong returns for shareholders Kumba Iron Ore, an iron-ore mining company listed on the Johannesburg Stock Exchange has increased production volume and sales which was supported by higher iron-ore prices. Kumba...

Thermal coal prices rise

NATURAL RESOURCES News July 2021 Thermal coal prices rise On the back of a drought in China and rebounding electricity demand, the prices of thermal coal have soared and turned thermal coal into one of the best performing assets of 2021. Since the start of 2021, the...

Financing floating solar projects in Southeast Asia

NATURAL RESOURCES News July 2021 Financing floating solar projects in Southeast Asia Southeast Asia has proven its ability to install large-scale floating photovoltaic (PV) power plants on water bodies. Daniel Mallo, head of natural resources and infrastructure, Asia...

No place for coal in Singapore

NATURAL RESOURCES News July 2021 No place for coal in Singapore Singapore aims to be a leading centre for green finance in Asia and globally in its Green Finance Action Plan. However, there are currently still no regulations in Singapore to limit financial...

Control of Li-ion battery production intensifies – report

NATURAL RESOURCES News July 2021 Control of Li-ion battery production intensifies – report Geographical distribution of Li-ion battery cell manufacturing capacity remains Asia-centric and particularly China-focused. Chinese Li-ion battery producers have been striving...

Iron ore price drops

NATURAL RESOURCES News July 2021 Iron ore price drops Benchmark iron ore futures in China dropped on Friday, 06 July and recorded their fourth straight weekly fall. It is reported that if environmental-related production controls are to be implemented strictly, the...

Acciona renewable energy IPO

NATURAL RESOURCES News June 2021 Acciona renewable energy IPO Despite the decline of climate-related stocks, Acciona eyes EUR9.8 billion valuation for its renewable energy arm. The Acciona group will use the funds raised to double its renewable energy capacity in the...