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Brazil Potash has signed a 28-year build, own, operate and transfer contract with Gera Center for a modular diesel power plant to serve the Autazes potash project during construction, transferring $33-million in upfront capital to operating costs and delivering an estimated $10-million in net savings over the contract life compared to the prefeasibility study. The system will supply 63 containerised diesel generator sets with peak capacity of 20 MW, phased from 10 MW to 20 MW over the first year, with initial power delivery within 120 days, and will transition to a 23-year emergency backup role once mine operations start.
Nasdaq-listed USA Rare Earth has announced it will expand its metal, alloy and magnet making investment in France, building on its Less Common Metals rare earth production facility at Lacq and strategic investment in Carester, with additional investment potentially exceeding €175-million through 2030 and providing over 300 new jobs. The company is building a fully integrated rare earth and permanent magnet value chain across the US, the UK, France and Brazil, including the Pela Ema mine in Brazil subject to closing the proposed acquisition of Serra Verde Group.
South Africa's Parliamentary Portfolio Committee on Trade, Industry and Competition has warned that the future of Tongaat Hulett remains a major threat to the sugar industry's recovery, urging the Industrial Development Corporation to support the company's removal from business rescue and the court process for liquidation, with more than 18 000 growers, most small-scale, relying directly on Tongaat's three mills to crush their cane. The committee called for an enabling biofuels regulatory framework similar to that of Brazil and India to facilitate diversification options, while industry organisation the South African Canegrowers Association reported that sugar imports more than doubled during the past year to 213 322 t between April 2025 and March, compared with 98 860 t in the prior year.
Brazil's Finance Ministry has released a preliminary proposal for phased sectoral coverage of the country's regulated carbon market, introducing monitoring, reporting and verification obligations in three phases starting in 2027, with phase one covering paper and pulp, iron and steel, cement, primary aluminium, oil and gas exploration and production, refining and air transport, and a public consultation planned for July. Separately, Greenpeace found that billions of dollars worth of gold is still being extracted illegally from Brazil's Amazon rainforest, with so-called ghost permits from 98 of 187 forest areas with gold mining permits showing no signs of mining used to justify the sale of 26.8 t of gold worth an estimated $3.88-billion between 2018 and March 2026.
Brazil Updates
Mozambique's President Daniel Chapo has signed a new law requiring 15% State ownership in all mining ventures and local processing of minerals, tightening control over its resources as demand for...
ASX-listed rare earths developer Viridis Mining and Minerals has secured its first major project execution contract with Minas Gerais-based electricity distributor DME Energética for the delivery...
In a survey of 11 749 workers across 14 markets and a range of industries, 72% of respondents, including white-collar frontline and managerial employees, said AI has already considerably changed...
South Africa's Parliamentary Portfolio Committee on Trade, Industry and Competition has warned that the future of Tongaat Hulett remains a major threat to the sugar industry’s recovery, and that...
Exports from Guinea’s Simandou iron-ore project surged in May, six months after the first shipment to China, marking a milestone in the ramp-up of the high-grade mine that has the potential to...
Having announced its intention to only supply offtakers in the Europe and the US with rare earth materials earlier last month, ASX-listed Viridis Mining and Metals has secured a letter of intent...
Nasdaq-listed USA Rare Earth has announced it will expand its metal, alloy and magnet making investment in France. This will build upon the company’s previously announced French initiatives, which...
TSX-V-listed silica developer Homerun Resources has commissioned one of Europe’s most respected independent silica processing laboratories, Dorfner Anzaplan, to perform additional chemical leaching...
Billions of dollars worth of gold is still being extracted illegally from Brazil's Amazon rainforest, a study by nonprofit watchdog Greenpeace found, despite efforts by President Luiz Inacio Lula...
Iron-ore headed for a monthly loss as a short-lived rally triggered by a fatal steelmaking-coal mine accident in China’s Shanxi province faded, leaving investors focused on mill margins and...
Australian rare earths miner Viridis Mining and Minerals is in advanced discussions with potential offtake buyers in Europe and the US for its Colossus mine in Brazil's Minas Gerais state, CEO...
Industry organisation the Citrus Growers’ Association of Southern Africa (CGA) says South Africa exported 2.9-million tonnes of citrus in 2025, making it the world’s largest citrus exporter by...
The South African Sorghum Bioethanol Study, produced by market research and strategy company BluePrint and commissioned by the Localisation Support Fund, shows that there are viable commercial...
London-, Toronto- and Frankfurt-listed Meridian Mining has applied for an installation licence on the Cabaçal copper/gold/silver project in Brazil, which marks the next step in returning the...
Aim-listed Goldplat’s two gold recovery operations in South Africa and Ghana achieved a combined operating profit of £3.86-million for the quarter ended March 31, compared with an operating profit...
By: Chris Wood - Managing Executive: Product at Absa Business Banking Reflects on the changing payments landscape and what it means for businesses navigating an evolving economy, ahead of the Absa...
NYSE-listed Brazil Potash Corporation has signed a memorandum of understanding with a power generation company called Gera Center, outlining a 28-year build, own, operate and transfer (BOOT)...
Brazil's Finance Ministry on Tuesday released a preliminary proposal for phased sectoral coverage of the country's regulated carbon market, outlining which industries will be required to report...
Nasdaq-listed Sigma Lithium Corporation has announced its intention to appeal against a decision made by a court based in Aracuai, Vale do Jequitinhonha, Brazil, where the company operates the...
ASX-listed Brazilian Rare Earths (BRE) has announced plans to demerge its 100%-owned Amargosa bauxite/gallium project in Brazil, into a newly formed ASX-listed company called Alurion Resources....
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