21 July 2023
21 July 2023
India is in parallel pushing schemes and policies to boost investment in the renewable energy sector, raising questions about the long-term viability of coal.
Rio Tinto has purchased a 15% stake in Sovereign Metals for A$40.4m, with the investment to be focused on its Kasiya graphite project.
The announcement comes as investment in critical minerals centres around the south-west of the UK.
Endeavour has the right to explore and the option to earn an 85% interest in the Baxter property.
The company has agreed with the government to a $75m advance royalty payment, which will be paid in trenches.
Moti is now expected to either raise funds or find another potential partner to build the lithium processing facility.
The Malaqa exploration agreement offers Metal Bank rights to copper exploration within the Um el Amad historical mining zone.
The new rules are expected to be effective when passed by the Egyptian Parliament later this year.
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