The Hindustan Petroleum Corporation Ltd. today hosted the Bengaluru edition of MC²+ IGNITE – India’s flagship energy innovation accelerator at the Indian Institute of Science (IISc) Bengaluru, bringing together leaders from the energy industry, academia, research, startups and the investment...
The Hindustan Petroleum Corporation Ltd. today hosted the Bengaluru edition of MC²+ IGNITE – India’s flagship energy innovation accelerator at the Indian Institute of Science (IISc) Bengaluru, bringing together leaders from the energy industry, academia, research, startups and the investment...
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SAGA Metals Corp. has entered into an agreement to acquire the Wolverine rare earth project in Labrador from Catalyst Rare Metals Ltd., a deal that would give it full ownership of the asset. The project is about 50 km from Hopedale and covers a bit over 230 sq. km. Access is by air mostly, then...
At least nine people are feared dead and between 30 to 40 others have been reported injured following a boiler explosion at a power plant operated by Vedanta Limited in Chhattisgarh’s Sakti district on Tuesday. The incident occurred around 2 pm at the plant located in Singhitarai village, where a...
Namibia Critical Metals has appointed Niels Verbaan as Vice President of Metallurgy to lead technical work on its Lofdal rare earth project in Namibia. Verbaan has more than 25 years of experience in metallurgical process development, especially in rare earth elements. He has worked on several...
India’s power equipment sector is moving into a multi-year growth phase, driven largely by the country’s expanding renewable energy pipeline and rising investments in transmission infrastructure, according to a report by JPMorgan Chase. The report points out that manufacturers of high-voltage (HV)...
China has become a major driver of renewable energy growth after years of investment and new technology. Even as global oil markets face uncertainty, the country’s green energy sector continues to expand. Renewable energy is no longer just a backup. It is now being used as a main power source in...
China Northern Rare Earth Group has raised its benchmark price for rare earth concentrate in the second quarter (Q2) of 2026, indicating a notable shift in cost dynamics for upstream producers. The new benchmark stands at RMB 38,804 per tonne (approximately USD 5,390) for the material containing 50...
Given geopolitical tensions in the Middle East, China's LNG imports are expected to decline year-on-year in Q2 2026. However, as Golden Pass LNG capacities come online ahead of schedule, the global tight balance is expected to ease around September. For the global aluminium value-chain 2026...
Image credits: Waaree Energies Ltd Waaree Energies has started operations at a 3,000 MW per year solar module facility in Gujarat, marking the addition of capacity to its portfolio. The plant, located in Samakhiali in Kutch, has been set up through its subsidiary Sangam Solar One Private Limited....
CTG generated more than 107.4 billion kilowatt-hours (kWh) of electricity in the January-March period, marking a 7 per cent rise on year and exceeding its quarterly target by about 4.4 billion kWh. The company benefited from above-normal rainfall and strong wind resources during the quarter. The...
India is increasing its focus on renewable energy further, owing to the rising tensions in the Middle East, which create concerns about fuel supply. The country depends on imports for about 80 per cent of its oil and gas, now exposed to global risks. It also relies heavily on imports of key...
In FY2025-26, India hit its record wind power addition of 6.05 GW. This represents a 46 per cent increase compared to the previous year and exceeds the earlier peak recorded in FY2016-17. With this, the country’s total installed wind capacity reached over 56 GW. For the global aluminium value-chain...
Shares of RITES Limited moved higher after the company received a revised contract from National Aluminium Company Limited, linked to coal mine infrastructure in Odisha. The stock rose 6.7 per cent to INR 213.90 (USD 2.31), up from the previous close of INR 200.41 (USD 2.17). Despite the jump, the...
proCLIR GmbH has achieved a breakthrough in the processing of incinerator bottom ash (IBM, bottom ash, slag) with the new IRRT process: Up to 80 per cent of the dry mass can now be processed into certified raw materials. Eggersmann Anlagenbau GmbH will be the exclusive plant manufacturer of the...
Global oil prices have fallen sharply and stock markets jumped after the US and Iran agreed to a conditional two-week ceasefire deal that includes the reopening of the Strait of Hormuz. The announcement triggered an immediate sell-off in oil markets, with prices slipping below USD 100 per barrel as...
Pioneer Minerals, a US-based critical minerals explorer, has entered into a non-binding Memorandum of Understanding (MoU) with Mineral Technologies USA, a technology-based company that is into developing, producing and marketing a broad range of speciality minerals, mineral-based and synthetic...
This Monday, the Government of India announced amendments to its mining concession rules. It would allow expansion of existing leases and licences for critical minerals exploration to improve India’s mineral output, particularly for deep-seated minerals that are frequently left unexplored. Explore-...
The severity of the ongoing energy crisis due to the Middle East conflict was evident this week as an unusual shift in the global oil benchmarks was noticed. The West Texas Intermediate (WTI) crude, generally trading at a lower mark than that of the Brent crude , briefly traded over the North...
In March, due to the impact of sufficient supply and weak cost support, aluminium fluoride prices remained under pressure and continued to decline. During the month, SMM's aluminium fluoride price closed at RMB 10,180-10,450 per tonne, while the cryolite market also showed overall weakness, with...
