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Investment in critical metals rises as supply chain concerns grow

Growing concerns over supply chain vulnerabilities and the need for critical metals and minerals have fuelled increased investment in these resources. Policymakers, investors, and market participants are grappling with the complexities of categorising critical metals, developing policy responses, and navigating economic realities. The historical significance of critical metals dates back to World War II when […]

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Western Green Energy Hub secures major deal with Korea Electric Power Corporation

The Western Green Energy Hub, an ambitious energy infrastructure project in Western Australia, has signed a significant deal with Korea Electric Power Corporation, South Korea’s largest electricity utility. Spanning 15,000 square kilometres in the Goldfields-Esperance region, this renewable energy hub aims to house around 3,000 wind turbines and 25 million solar panel modules. At the

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Rio Tinto expands lithium exploration efforts in Western Australian outback

Rio Tinto (ASX:RIO) is intensifying its search for hard rock lithium in the Western Australian outback by extending an exploration partnership near Sandstone for the third time in two years. The company aims to bolster its exposure to the crucial battery material as demand for lithium-ion batteries and electric vehicles continues to surge. Rio Tinto

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Alkane Resources’ Tomingley gold mine shows strong growth and exploration success

Alkane Resources’s (ASX:ALK) Tomingley gold mine is looking stronger by the day or so it seems in July. Not only did it meet guidance for record gold production for the 2023 financial year of more than 70,000 ounces but its exploration efforts continue to find more areas of interest that will give the mine longer

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Thames Water secures $1.45 billion investment to avert nationalisation

In a bid to prevent the looming threat of nationalisation, Thames Water has announced that investors have agreed to inject £750 million ($1.45 billion) into the company. However, the UK’s largest water utility cautioned that it would require additional investments in the coming years. With a staggering £14 billion debt and mounting pressure over sewage

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Megaport shares soar after upgraded guidance

Shares of Megaport Limited (ASX:MP1) are soaring after the company announced an upgrade to its earnings before interest, tax, depreciation, and amortisation (EBITDA) guidance for the financial year 2023 and provided insights into its financial year 2024 projections. A leading global Network as a Service (NaaS) provider, Megaport, has attributed its revised FY23 normalised EBITDA guidance

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