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ABB invests in OKTO GRID

ABB is investing in Danish start-up OKTO GRID to advance the development of technology that will digitalise and extend the useful life of ageing electrical assets in order to meet the growing demand for reliable and stable power. OKTO GRID has developed a pilot...

ENEOS starts green hydrogen plant in Qld

Japanese energy giant ENEOS has officially opened its green hydrogen demonstration plant in Queensland. ENEOS will produce the green hydrogen using its patented electrolysis technology (Direct MCH), powered from renewable energy generated by an onsite 250 kW solar...

De Beers cautiously optimistic

Diamond miner De Beers sold $450-million of rough diamonds in the first of ten sales cycles this year. This compares with the $660-million of rough diamonds sold in the first sales cycle of 2022 and the $417-million of rough diamonds sold in the tenth sales cycle of...

Ivanhoe outlines $3.78bn capex plans for 2023/4

The Kamoa-Kakula copper project in the DRC Ivanhoe Mines intends to spend a combined $3.78-billion in capital expenditure (capex) on its Kamoa-Kakula copper project and Kipushi zinc/copper mine, in the Democratic Republic of Congo, as well as on its Platreef platinum...