21 November 2023
21 November 2023
The funding, available for seven years, will support the sustainable development of critical mineral production.
This placement is being offered at a 24% discount to the company’s stock close on 20 November.
The company is planning to restart production at the Lance uranium mine by late next year.
With the modernisation, thyssenkrupp can now expand and improve flexibility and increase production capacities.
One year on from its release, OpenAI’s ChatGPT has started a public conversation about the effects of AI. But what will it mean for business?
With the farm-in agreement, Rio Tinto Exploration can earn the right to acquire a stake of up to 51% in the lithium project.
Through the divestment, MIND ID will become the largest shareholder in PTVI, with its stake increasing from 20% to 34%.
Spartan will allocate A$12m to cover corporate costs and for general working capital, and A$1.2m for transaction and other costs.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
The AI theme is extremely prominent in mining, with companies desperate to find new methods to improve productivity and minimize costs, while also finding new sources of minerals. AI is already playing a big role; however, its influence will only grow in the years to come. AI enables mining companies to use autonomous machinery and data to improve efficiency and productivity and reduce downtime. AI can help companies better understand the environment and terrain where exploitation is to begin.
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