MADRID: The Spanish Ministry for the Ecological Transition and the Demographic Challenge has initiated the Statutory Consultation of the Environmental Impact Assessment (EIA) for an application to drill five new natural gas wells at the El Romeral production concessions, owned by Tarba Energía S.L. The confirmation was received on January 24, 2025. Prospex Energy plc…
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Mercedes-Benz launches Europe’s first integrated battery recycling plant in Germany
LONDON: Neometals Ltd, a sustainable process technology developer, announced that Mercedes-Benz has officially inaugurated its lithium-ion battery recycling plant in Kuppenheim, Germany. The plant uses technology developed by Primobius GmbH, a 50:50 joint venture between Neometals and SMS group GmbH. Primobius has designed and is installing a 2,500-tonne per annum integrated recycling plant, chosen by…
Serco wins $320m contract to modernise Pituffik Space Base
LONDON: Serco Plc has been awarded a new contract by US Army Corps of Engineers (USACE) to manage the modernisation of the back-up electrical plant at the US Space Force’s Pituffik Space Base, in Greenland. The contract started in August 2024 and has an estimated value of around $320m (£250 million) over its four-year term….
Andrea Montague appointed Group Chief Executive Officer of Brooks Macdonald Group
LONDON: Brooks Macdonald Group plc announced that Andrew Shepherd has notified the Board of his decision to retire after twenty two years with the Group, and latterly three as Group Chief Executive Officer. The Group announced the appointment of Andrea Montague as Group Chief Executive Officer from 1st October 2024, subject to regulatory approval. To…
Oneiro Energy agrees to acquire Switch Metals, a Mauritian private investment company
LONDON: Oneiro Energy plc (LSE:ONE), the LSE-quoted Company focussed on energy transition, has agreed in principle to acquire the exploration activities of Switch Metals, a Mauritian private investment company focused on battery minerals and technology metals. Oneiro Energy and Switch have agreed heads of terms (HoT) for Oneiro to acquire Switch’s wholly owned Côte d’Ivoire…
Helix Exploration acquires Rudyard Project in Montana
Helix Exploration,helium deposits, Montana Helium Fairway, has acquired a 100% working interest in 5,600 acres in Hill County, Montana,
Savannah Resources announces comprehensive partnership with AMG Critical Minerals
LONDON: Savannah Resources Plc, the developer of the Barroso Lithium Project in Portugal, Europe’s largest spodumene lithium deposit, has entered a strategic partnership with the AMG Critical Materials N.V. Group, the Amsterdam-listed, global critical materials business. AMG’s wholly owned German subsidiary, AMG Lithium B.V., an established spodumene concentrate producer and, in the second half of 2024,…
Energean plc sells portfolio in Egypt, Italy and Croatia to Carlyle for $820 million
Energean plc will sell its portfolio in Egypt, Italy and Croatia to an entity controlled by Carlyle International Energy Partners
Tate & Lyle signs deal to acquire the entire CP Kelco for $1.8 billion
Tate & Lyle signs agreement to acquire the entire issued share capital of CP Kelco U.S.; CP Kelco China; and CP Kelco ApS
Bridgepoint makes final offer to acquire Alpha FMC for £626 million
LONDON: Bridgepoint Fund managed by Bridgepoint Advisers Limited (BAL) has reached agreement on the terms of a recommended cash offer to acquire the entire issued and to be issued ordinary share capital of Alpha FMC. Alpha FMC independent shareholders will be entitled to receive 505 pence in cash/share valuing the entire issued and to be…
NatWest Group to acquire businesses of Sainsbury’s Bank
LONDON: J Sainsbury PLC has entered into an agreement for the sale of Sainsbury’s Bank plc’s personal loan, credit card and retail deposit portfolios to NatWest Group, one of the UK’s leading banks. “We expect the Transaction to complete in the first half of calendar year 2025,” a press release noted. This Transaction does not…
3radical announces collaboration with Digital Alchemy
LONDON: Electric Guitar PLC (LSE: ELEG), the digital marketing and advertising company providing first-party data solutions, announced that 3radical Limited, its primary operating subsidiary, has agreed a strategic collaboration with Digital Alchemy to help drive client acquisition and engagement. 3radical, a leader in gamification and audience engagement solutions, and Digital Alchemy, a global marketing automation…