SYDNEY, AUSTRALIA: Rio Tinto has approved a $55 million investment in development capital to start underground mining and expand production at its Kennecott copper operations in Utah, United States. Underground mining will initially focus on an area known as the Lower Commercial Skarn (LCS), which will deliver a total of around 30kt of additional high…
Veidekke anticipates boost in the water, sewerage and energy markets
OSLO, NORWAY: Veidekke’s forecasts for the next two years point to a more muted construction market. In general, transport and construction activities are expected to remain at a high level, but private and commercial construction is expected to decline. The water, sewerage and energy market segments are expected to increase significantly going forward. Following a…
eEnergy launched eSolar, an in-house Solar Photovoltaic System offering
LONDON, UK: eEnergy (AIM: EAAS), the net zero energy services provider, announced the launch of eSolar, eEnergy’s in-house Solar Photovoltaic System (PV) offering, helping organisations to rapidly deploy on-site energy generation, on a capital-free basis. eEnergy initially developed its solar capabilities as a result of the increasing demand from both existing and new customers for…
Pulsiv unveils power electronics technology to reduce energy consumption
LONDON, UK: Pulsiv, a Cambridge based start-up, today emerged from stealth mode, with the announcement of its new power electronics technology. Pulsiv OSMIUM technology can be used to improve overall system efficiency, optimise cost and contribute towards reducing global energy consumption. Pulsiv OSMIUM uses a patented method for converting AC to DC that involves charging/discharging…
Energy Capital Partners will acquire Biffa Plc for £1.3 billion
LONDON, UK: Energy Capital Partners (ECP), through Bears Bidco Limited, will buy entire issued and to be issued ordinary share capital of Biffa Plc at 410 pence in cash per Biffa Share translating into £1.3 billion. Biffa Plc is a leader in the UK’s sustainable waste management industry and a key enabler of the UK’s…
Action plan agreed for universal smartphone access
The ITU/UNESCO Broadband Commission for Sustainable Development has ratified the first multi-stakeholder study aimed at creating practical tools and actions that could enable nearly 3 billion more people to access and use the internet through a smartphone by 2030. Around a third of the global population still cannot or do not access the internet. The…
DCC Plc acquires European solar and clean energy business, PVO International
LONDON, UK: DCC plc has agreed to acquire PVO International BV (PVO), a leading distributor of solar panels, invertors, batteries and accessories used in the commercial, industrial and domestic energy sectors across continental Europe. PVO was established in 2014 and has grown rapidly to become one of the leading solar solutions suppliers in Europe, with…
Weir Group and STM Minerals to accelerate sustainable mining
LONDON, UK: The Weir Group PLC (Weir), a global mining technology leader, announces a new alliance with Swiss Tower Mills Minerals AG (STM) in which Weir will market STM’s innovative vertical stirred grinding mills for coarse grinding applications world-wide. Integrating vertical stirred grinding mills into Weir’s minerals processing flow sheet will provide customers substantial improvements…
SDX Energy appoints Yvon Quillien as Chief Operating Officer
LONDON, UK: SDX Energy Plc (AIM: SDX), the EMEA-focused oil and gas company, announced the appointment of Yvon Quillien to the position of Chief Operating Officer. Yvon, who joined the Company in March this year as Morocco Country Manager, will expand this role to become overall Chief Operating Officer of the Company and will attend…
PSX launches digitised listing process
KARACHI, PAKISTAN: In a revolutionary move forward, Pakistan Stock Exchange (PSX) has digitised the process of listing through an online portal called PRIDE, i.e. Public Offerings Revolutionized through an Integrated and Digitized Experience. The online portal is designed to automate the listing process from end to end. Through PRIDE, Lead Managers, Advisors or Consultants can…
Getting Savvy with the Cost-of-Living Crisis
The cost of living crisis is gripping households in the UK and many are worried about how they will manage in the months to come. The cost of living is increasing at its fastest rate in 40 years with inflation currently at 9.9% making it harder for people to afford to maintain their lifestyle. This…
TotalEnergies and SARIA join forces to produce sustainable aviation fuels
PARIS, FRANCE: TotalEnergies and SARIA, a leader on the European market for the collection and valorization of organic materials into sustainable products, have concluded an agreement to develop sustainable aviation fuel (SAF) production on the Grandpuits (Seine-et-Marne) zero-crude platform. This agreement is a major step in securing feedstock supply (used cooking oils and animal fats)…