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Orica selling Minova to Aurelius Group

Orica has announced it will sell its Minova business to Aurelius Group for $180 million, subject to transaction costs and customary completion adjustments. This announcement follows Orica’s announcement in May 2021 of its intentions to pursue a sale, and the global...

MP Materials to build US magnet factory, seals GM deal

An artists impression of the MP Materials Fort Worth magnet manufacturing plant in Texas Rare earth materials producer MP Materials on Thursday announced that it would build a rare earth magnetics facility in Fort Worth, Texas, and said it had reached a long-term...

Vulcan to become renewable energy producer

Lithium developer Vulcan Energy Resources has struck a €31.5-million deal to acquire an operational geothermal renewable energy power plant in the Upper Rhine Valley at Insheim, in Germany. The ASX-listed Vulcan on Friday announced that it would acquire all of the...