Electra Battery Materials Corporation, a leading company in the field of battery materials, has announced that it has received a $5 million grant from the Government of Canada to support the construction of its cobalt sulfate refinery in Temiskaming Shores, Ontario. The refinery will be the first of its kind in North America, producing high-quality…
Tag: Canada
Red 5 Limited and Silver Lake Resources merge to create a leading gold producer
SYDNEY, AUSTRALIA: Red 5 Limited and Silver Lake Resources Limited have announced a merger deal that will create a diversified and profitable gold producer with operations in Australia and Canada. The merger will be implemented through a scheme of arrangement, under which Red 5 will acquire all the shares in Silver Lake. Silver Lake shareholders…
Hikma expands into Canada with acquisition of Teligent Inc
LONDON, UK: Hikma Pharmaceuticals, the multinational pharmaceutical company, has agreed to acquire the Canadian assets of Teligent Inc. for $45.75 million. The transaction is expected to be completed before the end of the first quarter of 2022. The acquisition marks Hikma’s expansion into Canada and includes a portfolio of 25 sterile injectable products, three in-licenced…
BBGI makes CAD 88mn social infrastructure investments in Canada
LONDON, UK: BBGI Global Infrastructure has entered into an agreement to acquire a 25% interest in Center Hospitalier de l’Université de Montréal (CHUM), in Montreal, Québec, Canada. The asset is classified as availability-based under the investment policy of the Company and aligns with BBGI’s ESG principles. The public-private partnership project originally consisted of the design,…
Canada must retaliate swiftly to Trump’s tariffs: Steelworkers
TORONTO: The Canadian government must respond swiftly with retaliatory tariffs on U.S. products following President Donald Trump’s misguided imposition of tariffs on Canadian aluminum exports, the United Steelworkers (USW) union says. The Trump Administration’s imposition of aluminum tariffs comes only weeks after the Canada-U.S.-Mexico Agreement (CUSMA) came into effect last month. It also flies in…
Active Energy awards first CoalSwitch licence agreement in Canada
LONDON: Active Energy Group Plc, an international biomass based renewable energy business, has agreed terms for the issuance of its first CoalSwitch Licence Agreement to RMD Environmentals, Inc. (RMDE) to develop and manage projects involving the use of CoalSwitch technology in each of the Crown Provinces of Alberta and British Columbia in Canada. RMDE is…