Diversified investor Pallinghurst has entered the battery materials and energy storage revolution through the creation of a diversified battery raw materials platform. With the global electric vehicle and energy storage surge underpinned by government regulations and consumer demand for green energy options, Pallinghurst sees the demand for battery raw materials expanding in a manner not dissimilar to the steel raw materials super-cycle of a decade ago.
Platinum group metals mining and marketing company Northam Platinum on Wednesday announced the company's decision to recommence operations in the new 2020 financial year at the Kukama shaft situated at the Eland mine complex in Brits. Total developmental capital expenditure is estimated at R2.2-billion over five years and the project will be fully funded from Northam's own resources.
Global conservation group World Wildlife Fund (WWF) warned on Thursday of the risks from new faster-spreading "super fires" in the wake of heat waves and droughts that have been afflicting Europe in what many see as a symptom of climate change.
The report, released by WWF Spain, said the fires cost the continent an estimated €3 billion (US$3.4 billion) An average of 300,000 hectares of forest burn every year in Europe, European data show.
Russian research scientists defended the way they released eight whales back into the wild last week and said on Thursday they would release scores more of the captive animals in the same way despite anger from environmental groups.
Russia returned two killer and six beluga whales to their natural habitat in the Sea of Okhotsk last week.