Mozambique’s long-held dreams of natural gas have got a fresh boost following an estimated $1.1 billion contract award by ExxonMobil for the Rovuma LNG Phase 1 project in Mozambique’s Cabo Delgado region. The signing of the contracts represents a big leap towards FID for the project, whose objective is to build onshore LNG facilities with […]
Nigeria and the United States have been working on a new mining agreement that can help boost collaboration within Nigeria’s critical-minerals industry. The two nations have agreed to sign a Memorandum of Understanding (MOU) on the sidelines of the 81st United Nations General Assembly (UNGA) in New York. This move is based on previous talks […]
India has restarted negotiations with Zambia over investments in copper and other critical minerals as New Delhi turns to foreign countries to secure the supply of raw materials needed by the fast-growing economy and renewable energy industry of India. Sources said that the officials of India’s Ministry of Mines had held initial discussions with their […]
The race by Africa to position itself as the world’s major producer of critical minerals such as copper, lithium, graphite, and cobalt is rapidly gaining momentum in the face of increasing demands for EVs and renewable energy technologies from different parts of the world. Many countries have changed their policy direction, in that instead of […]