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Australian company considering rare earth metals plant in Ida-Virumaa

Australian company Hastings Technology Metals has signed a memorandum of understanding with the Estonian Investment Agency, according to which the company will explore the possibilities of establishing a rare earths hydrometallurgical plant in Ida-Viru County. Previously, Hastings has made a strategic investment in Neo Performance Materials Inc., a TSX-listed company with a rare earth separation facility in Sillamae, Estonia, and a rare earth permanent magnet manufacturing plant under construction in Narva. This €200M project is a cornerstone part of EU energy security and green transition. In Estonia, Neo operates Europe’s only operational commercial rare earth separation facility and is set to commence production of rare earth magnets in 2025.

Ida virumaaWestern australiaCharles lewEu just transition fundNeo performance materials incHastings technology metalsEuropean unionEstonian investment agencyHastings technologyYangibana rare earths projectInvest estoniaEstonian governmentTransition fundEstonian world reviewEsti eluStonian life

Eesti Energia to install the first large-scale storage device by early next year

Eesti Energia will build the company's first large-scale storage device at the Auvere industrial complex later this year to balance the fluctuations in electricity prices caused by the growth in renewable energy production and to support the stability of the electrical system. The investment in battery storage will help Eesti Energia to increase the use of electricity produced from renewable energy sources, while ensuring more stable prices for end consumers. The storage facility will be operational by the beginning of 2025, at the same time as the Baltic countries are disconnected from the Russian electricity grid.

Ida virumaaMart mooraKyuwon heoKristjan kuhiEesti energiaLg energy solutionManagement boardEstonian world reviewEsti eluStonian lifeStonian media

Eesti Energia unveils Estonian battery project

Eesti Energia unveils Estonian battery project
renews.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from renews.biz Daily Mail and Mail on Sunday newspapers.

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Eesti Energia presses ahead with 26 5-MW battery project in Estonia

Eesti Energia presses ahead with 26 5-MW battery project in Estonia
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Ida virumaaEesti energiaLg energy solution

The Invisible Fight – Watch the new trailer for the Estonian heavy metal kung fu comedy

Kino Lorber has acquired from LevelK North American distribution rights to The Invisible Fight, an Estonian heavy metal kung fu comedy written and directed [.]

Ida virumaaEteläuomen läiUnited statesHiroko odaRainer sarnetKatrin kissaWendy lidellAmanda livanouMami akariHelen vinogradovInvisible fightLevelk north americanLocarno film festivalFantastic festSitges film festivalKino lorber