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Schneider Electric Foundation turns 25 and launches the ‘25 Years Young’ campaign in Anglophone Africa

Updated 3 hours ago ‘25 Years Young’ celebrates the 25th anniversary of the foundation A global call for contributions will award impactful and innovative youth projects  To mark the 25th anniversary of its foundation, Schneider Electric, the leader in the digital transformation of energy management and automation,... 

Iluka posts lower first-quarter volumes as planned

By: Marleny Arnoldi     19th April 2024 Australia-focused mineral sands and rare earths miner Iluka Resources has reported lower year-on-year production of most of its commodities owing to inventory management and a major maintenance outage in the quarter ended March 31. The company’s zircon/rutile/synthetic rutile production totalled... 

Godolphin takes 100% control of Narraburra rare earths project

By: Darren Parker     19th April 2024 ASX-listed Godolphin Resources has agreed to acquire the remaining 49% interest in the flagship Narraburra rare earths elements (REE) project in New South Wales, Australia, in which it already holds a 51% stake, from joint venture (JV) partner EX9. Godolphin will gain full control of the asset as... 

AI, robotics play important role in demolition sector

19th April 2024 Demolition robots are a relatively new form of professional service robot used in the demolition sector to demolish buildings at the end of their life cycle. These mobile robots leverage a range of end-of-arm tools such as buckets, breakers, crushers or drills to break through building materials,... 

Robotics, AI beneficial for business

19th April 2024 The manufacturing industry is currently at the doorstep of a transformational era, one marked by the seamless integration of robotics, artificial intelligence (AI), and augmented reality or virtual reality (AR/VR), says GridRaster co-founder and COO Dijam Panigrahi.   This fusion is “not merely a... 

Rio, Saudi Arabia said to vie for stake in First Quantum mines

By: Bloomberg     18th April 2024 Rio Tinto Group and Saudi Arabia’s state-backed Manara Minerals Investment Co. are among suitors considering bids for a stake in First Quantum Minerals’ Zambian copper mines, according to people familiar with the matter. Japanese trading houses Mitsui & Co. and Sumitomo Corp. have also been... 

Green economy surge pushes 2023 silver industrial demand to new highs

By: Mariaan Webb     18th April 2024 Building upon the momentum of 2022’s surge in silver consumption for industrial applications, 2023 saw yet more record-breaking industrial demand, reaching 654.4-million ounces, fuelled by the expanding landscape of green economy initiatives. While there was a slight downturn in overall silver... 

Zambia copper mines hit by State utility’s warning of power cuts

By: Bloomberg     17th April 2024 Zambia’s State power utility has served notices of force majeure on supply of electricity to some mines, according to an industry association, threatening additional pressure on a copper market going through an unprecedented squeeze. The Chamber of Mines in Africa’s second largest copper producer... 

Alpha HPA and Renascor score A$585m in loans for critical minerals projects

By: Mariaan Webb     17th April 2024 Australian Prime Minister Anthony Albanese on Wednesday announced the federal government’s support for two critical minerals projects in Queensland and South Australia, a move aimed at fostering local manufacturing and creating jobs. Alpha HPA is set to receive A$400-million in new loans to... 

Rinehart takes stake in Lynas Rare Earths, shares jump

By: Reuters     17th April 2024 Australia's richest person, Gina Rinehart, become a substantial shareholder in Lynas Rare Earths, the largest producer of rare earths outside of China, an exchange filing showed late on Tuesday. The stake, taken by Rinehart's privately held Hancock Prospecting, is fuelling speculation of sector... 

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