€4 Billion Investment Fuels Growth in European Battery Production
Automotive Cells Company has taken out a loan of 4.4 billion euros, increasing the funding for the construction of three gigafactories for lithium-ion battery cell...
Tag : europe
Transformation Underway: Abandoned Mine in Finland Transformed into a Gravity Battery for Storing Renewable Energy
A Scottish company is using the Pyhäjärvi mine to build its first full-scale prototype gravity energy store. One of Europe’s deepest mines is being transformed...
UK Company Plans Groundbreaking Conversion of Europe’s Deepest Mine into Inaugural Gravity Battery Facility
UK-based energy storage firm Gravitricity will soon begin work to convert Europe’s deepest mine into the first-ever gravity-based battery. The 4,737 feet (1,444 meters) deep...
Romanian Government Braces for Potential Loss of Over $2 Billion in Rosia Montana Gold Project Legal Battle
The Romanian government is understood to be taking seriously the possibility of losing litigation with Canada’s Gabriel Resources on the Rosia Montana gold mining project,...
Velocity Minerals Ltd. Initiates Phase I Drilling at Zlatusha Copper-Gold Project in Bulgaria
In a significant development for the mining industry, Velocity Minerals Ltd. has announced an update on its Zlatusha Copper-Gold Project, located in the Tier One...
Anglo American and Finnish Minerals Group Collaborate to Investigate Opportunities Across the Battery Value Chain
Anglo American and Finnish Minerals Group have signed a memorandum of understanding (“MOU”) to work together to explore opportunities to further support Finland’s battery strategy....
EU Parliament Voices Opposition to Norway’s Plans for Deep-Sea Mining
The European Parliament has voted in favor of a resolution that raises concerns about Norway’s deep-sea mining intentions in Arctic waters. While the resolution itself...
Drawing Insights for UK Critical Minerals Strategy from the US Experience
Reliable supplies of critical raw materials are essential for the green transition and to ensure the competitiveness of key national industries. The Inflation Reduction Act...
GreenRoc Anticipates Accelerated Advancements Following Regulatory Shift in Greenland
GreenRoc Mining said in an update on Wednesday that it expected significant progress following amendments to Greenland’s mining laws on 1 January. The AIM-traded company...
Hidden Consequences of Copper Mining: Undisclosed Environmental Impact on Groundwater in Northern Sweden
In the heart of northern Sweden, the Aitik open-pit mine looms large as Europe’s largest copper mine. Its neighbor, the Liikavaara Östra copper-sulphide deposit, is...