A little-known Chinese metals firm is running the show: China’s Vital Materials’ rise to dominance in metals illustrates the commercial, political, and technical obstacles that its Western rivals face in achieving similar success, Bloomberg reports. The little-known firm currently dominates the market for several so-called “minor metals” usually featured in lists of critical minerals focused […]
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Egypt is in talks with an Egyptian-French consortium to build two solar plants
EgyptAlum could be going greener: Egypt’s Orascom Construction and French electricity and renewables company Engie are in talks with the Egyptian government to install solar power plants at two of Egypt Aluminium’s (EgyptAlum) production facilities, the country’s Public Enterprises Ministry said yesterday. The plants would produce renewable power for the state-owned, EGX-listed company’s aluminum complex […]
South Africa inches closer to establishing a hydrogen exports port
South Africa inches closer to establishing a hydrogen exports port: South Africa’s Transnet National Ports Authority (TNPA) has shortlisted three consortiums to build a hydrogen exporting hub at Boegoebaai Port in South Africa’s Northern Cape province as well as accompanying rail infrastructure, according to a statement. The project — estimated to cost USD 785 mn […]
Could steel industry waste prove to be a viable carbon storage solution?
Introducing the latest carbon offsetting solution: Slag — solid industrial waste containing calcium magnesium silicate, aluminate, ferrite, and oxides — produced from the iron and steel industry’s operations can help store CO2 for thousands of years, The Guardian writes, referencing initial research presented at the Goldschmidt conference in France earlier this month. An ongoing study: […]
AUGUST 2023 20-24 August (Sunday-Wednesday): World Water Week 2023, Stockholm, Sweden. 21-22 August (Monday-Tuesday): International Conference on Recycling and Waste Management, USA. 21-22 August (Monday-Tuesday): International Conference on Environmental Sustainability and Climate Change, USA. 29 August-1 September (Tuesday-Friday): Third meeting of the COP27 Transitional Committee, Dominican Republic. SEPTEMBER 2023 4-6 September (Monday-Wednesday): Sustainable Maritime Industry […]
TODAY: Egypt’s military-affiliated NSPO acquires 20% stake in Taqa Arabia
Good morning, friends. We have another brisk issue for you this morning as the regional climate updates continue to trickle in. THE BIG CLIMATE STORY- The Egyptian military-affiliated National Service Projects Organization (NSPO) acquired a 20% stake in recently-listed Taqa Arabia one day after one of the energy company’s major shareholders executed a block trade […]
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Egypt’s military-affiliated NSPO acquires 20% stake in Taqa Arabia
Taqa Arabia welcomes a new shareholder: The Egyptian military-affiliated National Service Projects Organization (NSPO) acquired a 20% stake in recently-listed Taqa Arabia, according to a disclosure (pdf) to the Egyptian bourse yesterday. The announcement, which disclosed both the buyer and seller, comes one day after one of the energy company’s major shareholders executed a block […]
Three UAE firms are targeting renewable energy projects at Indian ports
UAE’s Energia Verde to invest USD 18 mn in greenifying Indian ports: UAE-based real estate firm Luxury Assets Real Estate will invest INR 1.5 bn (c. USD 18.3 mn ) to greenify three of India’s ports through Energia Verde, its newly formed JV with the UK’s Sunshine Holdings, CEO Mohammed Adeel Shaikh told Enterprise Climate. […]