31 January 2025
31 January 2025
Glencore plans to release its production guidance for 2025 and beyond during its annual financial results on 19 February.
The JV, Orion Abu Dhabi, will focus on investing in mining companies through various asset classes.
The partnership aims to speed up the creation of improved, commercially viable carbon capture technologies.
The investigation was prompted by a sinkhole exceeding 60m in depth that formed in 2022.
The extended contract is valued at approximately A$180m ($112.08m) until 30 March 2028.
As part of the transaction, Capricorn has made an initial cash deposit of $100,000 (A$160,658).
The project will unlock domestic vanadium production, supporting the deployment of vanadium flow batteries for energy storage.
This acquisition will strengthen Terra's position in the Jameson Layered Intrusion, comparable to South Africa's Bushveld Province.
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