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Rapid Lithium signs term sheet to acquire British Columbia gallium, germanium project
20th December 2024 By: Creamer Media Reporter

Australia-listed Rapid Lithium has entered into a binding term sheet to acquire certain mineral claims that comprise the Prophet River gallium/germanium project in British Columbia, Canada, from... 


SME business-building MoMo chatbot reaches 1m entrepreneurs in Côte d’Ivoire, Uganda
20th December 2024 By: Schalk Burger

About one-million small businesses in Côte d’Ivoire and Uganda have digitised their operations, increased the use of digital financial services and accessed digital marketplaces through the MoMo... 


Prosus chair’s trust sells €156m of shares for hotel growth
20th December 2024 By: Bloomberg

A family trust linked to Koos Bekker — one of South Africa’s richest people — sold about €156-million of shares in Internet investing giant Prosus to fund building operations at hotels in South... 


Savannah's Barroso mine
Savannah to speed up Portugal lithium project, dismisses doubts over price and demand
19th December 2024 By: Reuters

London-listed Savannah Resources will accelerate its lithium mine project in northern Portugal to ensure first commercial output in 2027, it said on Thursday, despite uncertainties about price and... 


Eskom Group CE Dan Marokane
Eskom reports R25.5bn loss amid systemic challenges, recovery efforts
19th December 2024 By: Simone Liedtke

State-owned power utility Eskom has reported a R25.5-billion loss before tax for the financial year ending March 31, 2024, following a year marked by operational setbacks, financial strain and... 


Saudi Arabia Industry and Mineral Resources vice minister Khalid Al-Mudaifer
Future Minerals Forum looks to bolster international collaboration to tackle industry challenges, opportunities
19th December 2024 By: Tasneem Bulbulia

The fourth edition of the Future Minerals Forum (FMF), to be held in Riyadh, Saudi Arabia, from January 14 to 16, is expected to play a key role in expanding and enhancing discussions on sector... 


A brine pool
Saudi Arabia taps Aramco oil field brine in lithium battery push
19th December 2024 By: Bloomberg

Saudi Arabia is exploring projects that can produce lithium for batteries in an effort to ramp up production in the Middle Eastern oil exporter. The country, in the midst of revamping its economy... 


The Shaakichiuwaanaan project
Volkswagen invests C$69m in Patriot Battery Metals
19th December 2024 By: Creamer Media Reporter

Vancouver-headquartered Patriot Battery Metals has entered into a subscription agreement with German carmaker Volkswagen for the sale of 15.58-million Patriot shares at C4.42 a share for aggregate... 


A lithium ore stockpile
Chile’s Enami eyes lithium license in boost to partner search
19th December 2024 By: Bloomberg

Chilean authorities are expected to grant Enami a lithium operating license by year-end, paving the way for the State company to secure partners to develop the project. All six local indigenous... 


Graphite ore
Australian graphite firms petition US on alleged China dumping
19th December 2024 By: Reuters

 Australia's Novonix said on Thursday it had joined a petition urging US authorities to investigate China's alleged dumping of battery-grade graphite at unfair prices, potentially harming domestic... 


An MTN office
MTN Group announces leadership changes
18th December 2024 By: Creamer Media Reporter

Telecommunications group MTN Group has announced leadership changes as part of its succession plans and advancing its Ambition 2025 strategy. Mitwa Ng’ambi, CEO of MTN Cameroon, will move to the... 


Gold jewellery
Indians opt for lighter, lower carat jewellery as gold prices soar
18th December 2024 By: Reuters

Soaring gold prices have led many Indian families to opt for lightweight and lower-carat jewellery to stay within their budgets, industry officials said. "I wanted to gift my daughter 80 g of gold,... 


Idemitsu to take majority stake in Australian vanadium developer Vecco
18th December 2024 By: Reuters

Japan's Idemitsu Kosan 5019.T said on Wednesday it would increase its stake in Vecco Group to 50.1% from 14.7%, gaining a majority in the Australian vanadium developer as part of its expansion into... 


The Phase 1 Lionheart project area
Vulcan Energy signs €879m conditional debt commitment letter for European lithium project
18th December 2024 By: Creamer Media Reporter

Australia- and Frankfurt-listed Vulcan Energy has signed an €879-million conditional debt commitment letter with Export Finance Australia and a group of seven commercial banks for the financing of... 


Futuregrowth invests R150m in Sourcefin
18th December 2024 By: Schalk Burger

Investment company Futuregrowth Asset Management has invested R150-million in small, medium-sized and microenterprises (SMMEs) finance and specialist supply chain support financial technology... 


Metalloys in Meyerton, Gauteng.
Ferromanganese revival hopes raised by Competition Tribunal’s green light
18th December 2024 By: Martin Creamer

The Competition Tribunal approval of the acquisition of ferromanganese major Metalloys in Meyerton, Gauteng, is raising hopes of a revival of South Africa’s manganese alloy potential. Metalloys,... 


Victory signs nonbinding MoU with Sumitomo for potential offtake of rare earths
17th December 2024 By: Creamer Media Reporter

ASX-listed Victory Metals has signed a strategic nonbinding memorandum of understanding (MoU) with integrated trading and investment company Sumitomo Corporation. The MoU outlines the proposed... 


Iron-ore stockpiles in Pilbara
BlueScope, BHP, Rio Tinto to build ESF pilot plant to decarbonise Australian steel industry
17th December 2024 By: Simone Liedtke

The Kwinana Industrial Area, in Western Australia, has been selected as the location for Australia’s largest ironmaking electric smelting furnace (ESF) pilot plant. The project combines the... 


Prieska Copper Zinc Mine in South Africa’s prospective Northern Cape.
More indications of quality copper in South Africa’s well-endowed Northern Cape
17th December 2024 By: Martin Creamer

The final assay results from diamond drill holes completed to test strike and down-dip extensions of the high-grade copper mineralisation at the Flat Mine South deposit, part of the Okiep Copper... 


Coins
Energy, fintech, impact investing shine in private capital investment sector
13th December 2024 By: Marleny Arnoldi

Southern African Venture Capital and Private Equity Association (Savca) says South Africa’s private capital market has demonstrated remarkable resilience despite global economic challenges. The... 


Continental ups share of renewable, recycled material in its tyres, aims for 40%-plus by 2030
Continental ups share of renewable, recycled material in its tyres, aims for 40%-plus by 2030
13th December 2024 By: Irma Venter

Continental Tires is increasing the proportion of recycled materials in its tyres. More tyre plants have now been converted to use polyester fabric made from recycled polyethylene terephthalate... 


Microgrids in buildings are crucial to pioneering the future of energy management
Microgrids in buildings are crucial to pioneering the future of energy management
13th December 2024

By: Anoop Hariparsad - Digital Energy Business Unit Leader for Anglophone Africa at Schneider Electric Microgrids are emerging as a game-changing concept, particularly within commercial and... 


An image of the Huguenot Tunnel entrance/exit
Sanral highlights megaprojects, road improvements
13th December 2024 By: Trent Roebeck

With South Africa’s roads having to withstand increased traffic volumes, owing to struggling ports and rail infrastructure issues, the South African National Roads Agency Limited (Sanral) has... 


An image of Kate Stubbs
Firm highlights project’s significance
13th December 2024 By: Lumkile Nkomfe

Sustainable waste management solutions company Interwaste contends that environmental stewardship and resource recovery remain integral in supporting South Africa’s water conservation requirements... 


The above image depicts the interior of the BMW Rossalyn plant
Production of fourth generation X3 PHEV starts in S Africa
13th December 2024

As reported by Engineering News Online on October 14, luxury vehicle company BMW Group South Africa officially started production of the fourth-generation BMW X3 at its Rosslyn plant in Tshwane,... 


An image of Thungela's Isibonelo operation
Transforming coal industry boosts its sustainability
13th December 2024

The coal industry is undergoing a significant transformation through investments in cleaner and more efficient technologies, such as carbon capture and storage (CCS) technology, which is reducing... 


An image of Coaltech CEO Avhurengwi Nengovhela and other coal stakeholders
Clean coal tech required in energy transition
13th December 2024 By: Nadine Ramdass

Research association Coaltech has shifted its focus to driving clean coal technologies this year, aiming to significantly reduce emissions from coal mining and combustion of the energy source by... 


FIXING MISTAKES FROM THE PAST
The R2.5-billion MTR operation will address environmental degradation caused by prolific legacy mining activities
Community engagement yields project success
13th December 2024 By: Simone Liedtke

The Mogale Tailings Retreatment (MTR) operation of midtier gold producer Pan African Resources (PAR) has significantly curbed illegal mining activities in the vicinity of its operations in the West... 


An image of a coal mine
Energy transition requires pragmatic approach
13th December 2024 By: Nadine Ramdass

While the global transition to a low-carbon economy remains crucial, the pace of the transition must be pragmatic to balance energy affordability, security and development, says nonprofit coal... 


Image of carbon capture technology
IFESTOS carbon capture projects, Greece
13th December 2024 By: Sheila Barradas

TITAN Cement International will be one of the largest carbon capture projects in Europe. 


Image of lithium ore
South West Arkansas project, US
13th December 2024 By: Sheila Barradas

The South West Arkansas project’s design is being updated from its original preliminary feasibility study. 


Magazine cover image
Despite big hurdles, long journey to electric mobility begins across Africa
13th December 2024 By: Martin Zhuwakinyu

Switching to electric mobility is a no-brainer: tailpipe emissions cause poor health or even death and are a significant contributor to climate change. But given Africa’s limited access to... 


Huawei showcases all-optical smart home
13th December 2024 By: Natasha Odendaal

Information and communication technology group Huawei has launched an intelligent home in the Bo-Kaap neighbourhood, in the Western Cape. The All-Optical Intelligent home, powered by Huawei’s... 


5G remains fastest-growing subscription type in Africa
13th December 2024 By: Natasha Odendaal

As mobile subscriptions in sub-Saharan Africa grow at 4% a year, increasing from 950-million in 2023 to 1.2-billion by 2030, the November 2024 edition of the Ericsson Mobility Report forecasts that... 


Africa’s cybercrime explosion
13th December 2024 By: Martin Zhuwakinyu

Cybercrime has exploded into a menace of epic proportions – and Africa is no safe haven. In fact, the digital underworld on the continent has been so busy that more than 1 000 offenders were caught... 


Magazine cover image
Despite big hurdles, long journey to electric mobility begins across Africa
13th December 2024 By: Martin Zhuwakinyu

Switching to electric mobility is a no-brainer: tailpipe emissions cause poor health or even death and are a significant contributor to climate change. But given Africa’s limited access to... 


Tap-and-go payment technology installed at toll gates on N3, N4 highways
13th December 2024 By: Irma Venter

FNB and Visa have completed the roll-out of tap-and-go payment technology across select toll gates ahead of the December holidays. Motorists at select toll plazas along the N3, TRAC N4 and... 


Brazilian miner Vale invests in US startup as part of decarbonisation push
12th December 2024 By: Reuters

Vale Ventures, the corporate venture capital initiative of Brazilian miner Vale, said on Thursday it has invested in a Boston-based startup focused on developing solutions to decarbonise heat... 


An image of Business Partners MD Jeremy Lang
Jeremy Lang appointed Business Partners MD
12th December 2024 By: Tasneem Bulbulia

Small business financier Business Partners has appointed Jeremy Lang as its new MD, effective January 1. Lang will succeed Ben Bierman, who is retiring after more than 35 years of service. 


Rio Tinto CEO Jakob Stausholm
Rio Tinto to invest $2.5bn in Rincon lithium project capacity expansion
12th December 2024 By: Sabrina Jardim

Diversified mining company Rio Tinto has approved a $2.5-billion investment to expand the Rincon project, in Argentina – the company's first commercial scale lithium operation – demonstrating its... 


South African rands
Bidvest Group sells bank business to Access Bank for R2.8bn
12th December 2024 By: Marleny Arnoldi

Bidvest Group has concluded an agreement for the disposal of 100% of Bidvest Bank Holdings to Access Bank for R2.8-billion. Bidvest Group CE Mpumi Madisa says that, as a well-respected,... 


Liquid Intelligent Technologies extends its Botswana fibre network
12th December 2024 By: Creamer Media Reporter

Pan-African technology group Liquid Intelligent Technologies has completed its fibre network extension from Ramatlabama to Ramokgwebana. The enhanced independent network spans over 730 km, marking... 


St George Mining signs partnership agreements for magnet production in Brazil
12th December 2024 By: Darren Parker

ASX-listed St George Mining has signed partnership agreements with Brazilian scientific and research organisation Serviço Nacional de Aprendizagem Industrial (Senai) and nonprofit industrial... 


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Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
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