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BCLP advises Vision Blue Resources on mining investments


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Bryan Cave Leighton Paisner (BCLP) has advised Vision Blue Resources Ltd (VBR), a newly created battery commodity/resource-focused investment company founded by Sir Mick Davis (former CEO of Xstrata Plc), on both its US$29.5 million investment in NextSource Materials and its, up to, US$12.6 million investment in Ferro-Alloy Resources Ltd (FAR).
NextSource Materials is a mine development company based in Toronto, Canada. The US$29.5 million Financing Package will fully fund the construction of the company’s Molo graphite mine in Madagascar and will be completed in two tranches. The first tranche comprises an initial non-brokered, private placement equity investment of US$6.1 million (CAN$7.8 million) which has completed, while the second tranche of the financing package will be completed through an additional private placement for additional gross proceeds of US$12.4 million. The parties have also entered into a secured royalty agreement, pursuant to which V ....

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Rio Tinto : makes first sale of aluminium-scandium alloy for 3D printing


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Rio Tinto has signed an agreement to provide a first commercial batch of high-performance aluminium-scandium alloy from its North American operations to Amaero, a leader in metal additive manufacturing.
This first sale is being delivered through Rio Tinto’s unique position as a producer of both aluminium and scandium, and its technical capability to develop specialised alloys.
Under the agreement, Rio Tinto will deliver alloy billets made of responsibly produced, low carbon aluminium from its hydro-powered Canadian smelters and high purity scandium oxide from its Rio Tinto Fer et Titane (RTFT) metallurgical complex in Sorel-Tracy, Quebec. The billets will be processed by Amaero into powder for 3D printing and offered to the market for high temperature applications. ....

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China's top legislature adopts 14th Five-Year Plan

China's top legislature passes 14th Five-Year Plan (2021-25) and the Long-Range Objectives Through the Year 2035. ....

China Daily Information Co , North East , சீனா தினசரி தகவல் இணை , வடக்கு கிழக்கு ,