LONDON: Pensana PLC (LSE: PRE) announced Thursday it has signed a non-binding memorandum of understanding with Japan’s Toyota Tsusho Corporation for a rare earth offtake agreement, marking a key step in establishing a new sustainable supply chain. Under the proposed terms, Toyota Tsusho could purchase up to 20,000 metric tons per year of ultra-clean mixed…
Tag: Critical Minerals
GreenRoc Strategic Materials inks MOU with Morrow Batteries for sustainable lithium-ion battery cells
GreenRoc Strategic Materials plc (AIM: GROC), a company specializing in critical mineral projects in Greenland, announced a significant step forward with the signing of a Memorandum of Understanding (MOU) with Morrow Batteries ASA, a Norwegian firm focused on developing sustainable and high-performance lithium-ion battery cells. Alongside this MOU, GreenRoc has initiated the setup of a…
Qatar Investment Authority announces an initial $180m investment in TechMet
DOHA: Qatar Investment Authority (QIA) has announced today an initial $180m investment in TechMet, reflecting QIA’s commitment to secure the supply of responsibly sourced critical minerals. TechMet is an investment company focused on building businesses across the critical minerals value chain, from extraction and processing to refining and recycling. This investment aligns with QIA’s ambition…
Critical Minerals seeks to acquire majority stake in Madini Occidental Ltd
LONDON, UK: Critical Metals plc is seeking to acquire a majority stake in Mauritius-incorporated Madini Occidental Ltd (MO), which will, on completion of the acquisition, have an indirect 70% beneficial interest in a ‘Small Scale Mining License’ (Permis d’Exploitation de Petit Mine) PEPM 14784, in the Democratic Republic of Congo. Molulu is a copper/cobalt project…