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Solcoa raises $75m to scale US rare earth metal production ahead of defence deadline
SupplementAL26 SEPT 2026

Solcoa raises $75m to scale US rare earth metal production ahead of defence deadline

The financing will support a Nevada plant designed to produce 500 tonnes of rare earth metals annually, as US defence sourcing restrictions are set to expand from January 2027. Solcoa Industries has secured USD 75 million to expand rare earth metal production in the United States, targeting a supply-chain bottleneck that is becoming increasingly important for defence manufacturers. The company said the funding will support construction and commissioning of its Solcoa One plant in Nevada, which is planned to begin operating in July 2027 with annual capacity of 500 tonnes. The financing includes USD 45 million in equity led by Bain Capital Ventures, with participation from Gigascale Capital, Long Journey, Felicis, Dylan Field and other investors from the defence and technology sectors. A...

25th CII Energy Efficiency Summit: Energy efficiency takes the next leap with AI, electrification and innovation
SupplementAL24 SEPT 2026

25th CII Energy Efficiency Summit: Energy efficiency takes the next leap with AI, electrification and innovation

The 25th CII Energy Efficiency Summit 2026 concluded in Hyderabad after bringing together government stakeholders, industry leaders, policymakers, technology providers, cleantech startups, academia, researchers, and sustainability experts to chart the next phase of India’s energy transition. Held under the theme “Accelerating the transition to a Net Zero economy through energy efficiency, clean technologies, and sustainable practices”. A defining message emerging from the Summit was that energy efficiency has moved beyond being a cost-saving or compliance measure to become a strategic lever for India’s economic growth and Net Zero transition. Discussions across the Summit highlighted the need to combine energy efficiency with electrification, renewable energy, clean technologies, digital...

NALCO to cut the import cord; invites EoI for aluminium fluoride and smelter inputs
SupplementAL21 SEPT 2026

NALCO to cut the import cord; invites EoI for aluminium fluoride and smelter inputs

National Aluminium Company Limited (NALCO), India’s Navratna aluminium major, has invited Expressions of Interest (EoI) from joint venture partners, manufacturers, investors and collaborators to establish production facilities for aluminium fluoride (AlF₃), calcined petroleum coke (CPC) and coal tar pitch (CTP). Issued on September 21, the three EoIs form part of NALCO’s backward integration strategy to secure critical raw materials for aluminium smelting , reinforce its Angul expansion and reduce import dependence. Submissions are open until October 12. The requirement for these materials will rise alongside NALCO’s smelting capacity, which is being expanded from 460,000 tonnes per annum (TPA) to around 960,000 TPA through a brownfield project. To learn about the market potential of...

Caterpillar launches Cat® 355 Hydraulic Excavator, Cat D5 Dozer and Cat 120 GC Motor Grader at bauma CONEXPO India 2026
SupplementAL20 SEPT 2026

Caterpillar launches Cat® 355 Hydraulic Excavator, Cat D5 Dozer and Cat 120 GC Motor Grader at bauma CONEXPO India 2026

Caterpillar today launched the Cat® 355 Hydraulic Excavator and Cat D5 Dozer for mining and heavy infrastructure applications, and the Cat 120 GC Motor Grader for road construction, at bauma CONEXPO India 2026. Visitors can experience Caterpillar’s integrated portfolio at stall O.E20 at the India Expo Centre in Delhi NCR from September 15-18. Visitors can explore Caterpillar’s integrated portfolio of Cat and SEM machines, connected technologies, aftermarket services, financing solutions, rental and used equipment, FG Wilson gensets and work tools. The showcase demonstrates how Caterpillar and its dealers combine equipment, technology and support services to help customers improve productivity, and safety and lower operating costs. Solutions for quarry, mining and heavy infrastructure The...

China Rare Earth Group in talks to acquire Shenghe Resources, putting MP Materials stake in focus
SupplementAL20 SEPT 2026

China Rare Earth Group in talks to acquire Shenghe Resources, putting MP Materials stake in focus

China Rare Earth Group is in talks to acquire a controlling stake in Shenghe Resources, a move that could bring the Chinese rare earth producer under tighter state control while giving Beijing influence over Shenghe’s overseas holdings, including a stake in US rare earths company MP Materials. Two sources familiar with the matter told Reuters that discussions between the companies have been underway since earlier this year. One source said China Rare Earth Group is seeking a controlling stake, although neither source knew when the acquisition could be announced or completed. If the deal goes through, China Rare Earth Group would take control of Shenghe’s interests in foreign companies, including its 3 per cent stake in MP Materials. The US rare earths company counts the US Department of...

Malaysia’s rare-earth ambitions face a caveat: Can it control the full supply chain?
SupplementAL18 SEPT 2026

Malaysia’s rare-earth ambitions face a caveat: Can it control the full supply chain?

Malaysia is emerging as a rare earth hub by developing a domestic “mine-to-magnet” ecosystem spanning exploration, mining, separation, metals, alloys and permanent magnets. But, how is the venture faring? A study by Hiu Dilangit Sasongkojati at the University at Albany, SUNY, puts Malaysia’s ambition under a microscope. Malaysia’s supply chain remains fragmented, with limited domestic upstream activity, heavy reliance on foreign technology and downstream manufacturers still dependent on imported processed metals. To learn about the market potential of aluminium dross, explore “ ALuminium Dross Processing: Generation, Recovery & Strategic Roadmap ” Malaysia has the resources, but not yet an integrated chain Malaysia estimates around 16.2 million tonnes of inferred total rare-earth elements...

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