Canada’s Ivanhoe Mines (TSX:IVN) has received a second major strategic investment of C$612 million (about $490m) from its largest shareholder, China’s state-owned CITIC Metal, that will be used towards speeding up construction of a giant copper...
Read moreForeign direct investment (FDI) in China rose 7.3% from a year earlier to 533.14 billion yuan ($75.56 billion) in the first seven months of this year, the Commerce Ministry said on Tuesday. In July, FDI into China grew 8.7% from a year earlier to...
Read moreChengtun Mining Group plans to lay out USD145 million to partake in the construction of a nickel smelter in Indonesia. This investment will secure its supply of the resource, which is a key constituent of lithium batteries, the Xiamen, Fujian...
Read moreChile’s Codelco, the world’s top copper miner, has signed a non-binding agreement with foreign-backed miner Salar Blanco to develop a joint lithium project at the little-known Salar de Maricunga salt flat, in the country’s north. The move, said...
Read moreNAI500 is proud to announce a new collaboration with the Montréal Exchange (MX), Canada’s oldest exchange, a fully electronic exchange dedicated to the development of the Canadian derivatives market. Their products are tailored to meet domestic...
Read moreChina National Uranium Corp Ltd, a subsidiary of China National Nuclear Corp, announced that it has purchased 68.62 percent of the Rossing uranium mine in Namibia from mining giant Rio Tinto, the company said on Thursday. “This cooperation...
Read moreTanzania said on Wednesday it had awarded licences for the construction of a mineral smelter and two gold refineries to Chinese firms, as part of government efforts to generate more revenues from the nation’s mining industry. Minerals Minister...
Read moreThe U.K. government has announced £80 million ($99.7 million) of investment to develop the “next generation of electric vehicles” and, potentially, hybrid aircraft. Authorities said Monday that the funding would, among other things, help to...
Read moreShares in Nemaska Lithium Inc soared on Friday after the company announced it has received a letter of intent for a $460m (C$600m) investment from specialist mining investment firm, Pallinghurst. Pallinghurst is contemplating C$200m private...
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Read moreAuto maker Renault and the Jiangling Motors Corporation Group (JMCG) have officially set up a joint venture for electric vehicles in China. In an announcement Wednesday, Renault said that the venture would look to “further promote the...
Read moreChina’s fixed-asset investment project approval in the first six months increased 81% by value compared with a year earlier as Beijing ramped up infrastructure spending to help support a slowing economy. The National Development and Reform...
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