Southern Copper Corporation

NaaS Technology Included in the Investment Portfolio of Carbon Collective Climate Change Solutions ETF (CCSO.O)

Retrieved on: 
Friday, January 26, 2024

BEIJING, Jan. 26, 2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced that it has been included in the most recent investment portfolio of the Carbon Collective Climate Change Solutions ETF (CCSO.O).

Key Points: 
  • BEIJING, Jan. 26, 2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced that it has been included in the most recent investment portfolio of the Carbon Collective Climate Change Solutions ETF (CCSO.O).
  • Headquartered in San Francisco, the Carbon Collective is an online investment company that concentrates on climate change-related investment.
  • Carbon Collective Climate Solutions U.S. Equity ETF, launched by Carbon Collective, is a diversified, US-focused all-cap fund that heavily invests in companies in green utility, waste management, biofuel, carbon capture and sequestration, water utilities, and plant-based diet areas.
  • In addition to the Carbon Collective Climate Solutions U.S. Equity ETF, NaaS is also held by the Invesco WilderHill Clean Energy ETF (PBW.P) and the HANetf Electric Vehicle Charging Infrastructure UCITS ETF (ELEC.L), both of which are well-recognized funds focusing on environmental issues.

Sandbox Royalties Announces US$100 Million of Fully Funded Acquisitions

Retrieved on: 
Tuesday, October 31, 2023

Vancouver, British Columbia--(Newsfile Corp. - October 31, 2023) - Sandbox Royalties Corp. ("Sandbox Royalties", "Sandbox", or the "Company") today announces that it has entered into definitive agreements to acquire three royalty and streaming assets on high-quality, in-construction mining projects for total consideration of US$100 million.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - October 31, 2023) - Sandbox Royalties Corp. ("Sandbox Royalties", "Sandbox", or the "Company") today announces that it has entered into definitive agreements to acquire three royalty and streaming assets on high-quality, in-construction mining projects for total consideration of US$100 million.
  • Regal has also subscribed for approximately 34.6 million common shares of Sandbox at a price of C$0.70/common share for total proceeds of US$17.5 million.
  • On October 31, 2023, Sandbox entered into a 5-year, C$22.2 million (US$16 million) secured convertible loan agreement ("CLA") with Beedie Capital.
  • Beedie Capital has also subscribed for approximately 7.9 million common shares of Sandbox at a price of C$0.70/common share for total proceeds of US$4 million.

Copper Cathode Market to grow by USD 7.82 million during 2022-2027 | Rising demand for copper cathode from construction, electronics, and automotive industries to drive the growth - Technavio

Retrieved on: 
Wednesday, September 27, 2023

Rising demand for copper cathode from the construction, electronics, and automotive industries drives the copper cathode market.

Key Points: 
  • Rising demand for copper cathode from the construction, electronics, and automotive industries drives the copper cathode market.
  • Various industries, namely construction, electronics, and automotive industries, are creating demand for copper cathodes.
  • The rising demand can be attributed to factors such as population growth, urbanization, technological advancements, and increased automobile production.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.

The Oregon Group Predicts Historical Copper Supply Gap

Retrieved on: 
Thursday, September 21, 2023

The Oregon Group predicts a long-term supply deficit in the copper market, despite the existence of large global reserves.

Key Points: 
  • The Oregon Group predicts a long-term supply deficit in the copper market, despite the existence of large global reserves.
  • Supply of copper expected to face a supply gap of nearly 10 million mt within the next ten years.
  • The report examines key trends affecting global copper supply and demand.
  • To learn more about the copper market, key trends, and players, you can access The Oregon Group's new report, entitled "Copper: At the Centre of the Metal Supercycle" by visiting our dedicated website section for the copper market report.

Global Land Survey Equipment Market Forecast to 2028 - Development of Terrestrial Laser Scanners Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Friday, December 9, 2022

The "Land Survey Equipment Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Solution, Industry, Application and Hardware" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Land Survey Equipment Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Solution, Industry, Application and Hardware" report has been added to ResearchAndMarkets.com's offering.
  • Terrestrial laser scanners with high precision systems can work under various environmental conditions and circumstances, such as deep mines.
  • Thus, the use of terrestrial laser scanners for land surveys is one of the major factors contributing towards the land survey equipment market growth in the coming years.
  • Such projects will increase the requirement for land survey equipment, which will boost the land survey equipment market growth in SAM.

Update on Transaction with Turquoise Hill Resources

Retrieved on: 
Thursday, November 17, 2022

Rio Tinto in good faith has been negotiating with the Special Committee of Turquoise Hill on comparable provisions for other minority shareholders.

Key Points: 
  • Rio Tinto in good faith has been negotiating with the Special Committee of Turquoise Hill on comparable provisions for other minority shareholders.
  • We will work with the Turquoise Hill Special Committee to secure a new shareholder meeting date so that the Proposed Transaction can be voted on by minority shareholders as soon as practicable.
  • As previously announced by Turquoise Hill, the Special Meeting of shareholders to vote on the Proposed Transaction has been postponed.
  • The Proposed Transaction represents Rio Tintos best and final all-cash transaction price of C$43.00 per share, which provides Turquoise Hill minority shareholders the option to realise significant and immediate value.

Copper Is The New Oil: Expected To Rise By More Than 50% by 2040

Retrieved on: 
Tuesday, September 13, 2022

NEW YORK, Sept. 13, 2022 /PRNewswire/ -- The first global copper outlook from energy research group BloombergNEF was recently released, taking into account demand from the technological shifts required to wean the industry off fossil fuels. The main conclusion is startling: Between now and 2040, demand for copper will rise by more than 50%. This growth trajectory is confronting a hurdle. However, it is more existential than acute. By 2040, primary copper production may rise by around 16%. It goes without saying that the increase falls short of the demand. Demand for copper may exceed supply by more than 6 million tonnes annually by the early 2030s. Further exploration and findings should be encouraged by copper's relatively predictable demand trajectory. Companies exploring for copper, like Torq Resources Inc. (TSXV:TORQ) (OTCQX:TRBMF), need to make new copper discoveries to maintain the supply for the largest miners, while companies mining copper like Barrick Gold (NYSE:GOLD) (TSX:ABX), Southern Copper Corporation (NYSE:SCCO), Taseko Mines Limited (TSX:TKO) (NYSE:TGB), and Vale S.A. (NYSE:VALE) need to increase production to fulfill the spike in demand.

Key Points: 
  • The main conclusion is startling: Between now and 2040, demand for copper will rise by more than 50%.
  • By 2040, primary copper production may rise by around 16%.
  • The Santa Cecilia gold-copper project and the Margarita iron-oxide-copper-gold (IOCG) project are two of Torq's prime assets in Chile.
  • Florence Copper is anticipated to have the lowest energy and greenhouse gas intensity (GHG) of any copper producer in North America.

Copper Is The New Oil: Expected To Rise By More Than 50% by 2040

Retrieved on: 
Tuesday, September 13, 2022

NEW YORK, Sept. 13, 2022 /PRNewswire/ -- The first global copper outlook from energy research group BloombergNEF was recently released, taking into account demand from the technological shifts required to wean the industry off fossil fuels. The main conclusion is startling: Between now and 2040, demand for copper will rise by more than 50%. This growth trajectory is confronting a hurdle. However, it is more existential than acute. By 2040, primary copper production may rise by around 16%. It goes without saying that the increase falls short of the demand. Demand for copper may exceed supply by more than 6 million tonnes annually by the early 2030s. Further exploration and findings should be encouraged by copper's relatively predictable demand trajectory. Companies exploring for copper, like Torq Resources Inc. (TSXV:TORQ) (OTCQX:TRBMF), need to make new copper discoveries to maintain the supply for the largest miners, while companies mining copper like Barrick Gold (NYSE:GOLD) (TSX:ABX), Southern Copper Corporation (NYSE:SCCO), Taseko Mines Limited (TSX:TKO) (NYSE:TGB), and Vale S.A. (NYSE:VALE) need to increase production to fulfill the spike in demand.

Key Points: 
  • The main conclusion is startling: Between now and 2040, demand for copper will rise by more than 50%.
  • By 2040, primary copper production may rise by around 16%.
  • The Santa Cecilia gold-copper project and the Margarita iron-oxide-copper-gold (IOCG) project are two of Torq's prime assets in Chile.
  • Florence Copper is anticipated to have the lowest energy and greenhouse gas intensity (GHG) of any copper producer in North America.

Rio Tinto submits improved full and fair proposal for Turquoise Hill

Retrieved on: 
Wednesday, August 24, 2022

Under the terms of the Improved Proposal, Turquoise Hill minority shareholders would receive C$40 in cash per Turquoise Hill share.

Key Points: 
  • Under the terms of the Improved Proposal, Turquoise Hill minority shareholders would receive C$40 in cash per Turquoise Hill share.
  • The Improved Proposal reflects full and fair value for the Turquoise Hill minority shareholders and delivers the certainty of cash at a material premium.
  • On Turquoise Hills agreement with the terms of the Improved Proposal, Rio Tinto is prepared to discuss appropriate further amendments to the updated financing arrangements between Turquoise Hill and Rio Tinto dated 18 May 2022, and provide Turquoise Hill with the necessary liquidity to operate through completion of the transaction.
  • Rio Tinto currently beneficially owns 102,196,643 common shares of Turquoise Hill, representing approximately 51% of the issued and outstanding common shares of Turquoise Hill.

Rio Tinto reiterates compelling value of proposal to acquire full ownership of Turquoise Hill

Retrieved on: 
Monday, August 15, 2022

Should a transaction not proceed, Rio Tinto welcomes the continued investment by Turquoise Hill minority shareholders and their pro rata sharing of future risks and funding obligations.

Key Points: 
  • Should a transaction not proceed, Rio Tinto welcomes the continued investment by Turquoise Hill minority shareholders and their pro rata sharing of future risks and funding obligations.
  • Rio Tinto Chief Executive Copper Bold Baatar said: Rio Tinto remains as committed as ever to the long-term success of Oyu Tolgoi.
  • Under the terms of the Proposed Transaction, Turquoise Hill minority shareholders would have received C$34 in cash per Turquoise Hill share, representing a premium of 32% to Turquoise Hills closing share price on the Toronto Stock Exchange on 11 March 2022, the last trading day prior to Rio Tintos previously announced non-binding proposal to acquire full ownership of Turquoise Hill.
  • As previously disclosed, Rio Tinto is not interested in pursuing any alternative transaction, including any such transaction which would result in the sale of Rio Tintos interest in Turquoise Hill or the acquisition by a third party of Turquoise Hill or Oyu Tolgoi in partnership with or independent of Rio Tinto.