12 April 2024
12 April 2024
Namibia is trying to reposition itself as an untapped resource for copper amid rising global demand, but it still has some way to go to prove its potential to investors.
This month: improving mine safety, coal expansion in an era of funding uncertainty, Australia leads in autonomous tech adoption and regulation, and more.
Orion retains a 12% stake in the copper producer after this sale, remaining one of its largest shareholders.
The business review could potentially impact 3,107 employees and 915 contractors.
With 527 mining claims, the project is situated in a region known for high-grade uranium deposits.
The agreement outlines the supply of 4,000 tonnes per annum (tpa) of V2O5 flake for an initial five years, with another five-year extension option.
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