Authorities have yet to release detailed information about the size, reserves or development potential of the newly identified areas.
Nigeria's $250mn launch of a lithium-processing plant comes as as UNCTAD forecasts global demand will rise by 353% between 2024 and 2040, driven by electric vehicles, battery storage and clean energy tech.
The deal is a vital win for East Asian industrial supply chains as Seoul protects its critical automotive, battery and electronics manufacturing hubs inside Europe from the trading bloc's sweeping protectionist clampdown.
Laxyo's expansion into African underground mining marks the Indian company's first overseas project ahead of a planned IPO.
China has issued a multi-billion-dollar warning to the Indonesian government amidst the economic escalation across the global electric vehicle supply chain
The deficit being seen in the global market has been triggered by curtailment in production in the Gulf Cooperation Council region, which contributed almost 8.3% to the world’s aluminium production in calendar year 2025.
Following the seizure, military and energy ministry scientists launched an emergency chemical audit of the seized containers.
The accident happened when a sudden explosion during a steel casting operation sent a fireball to the ceiling height of the facility and set an overhead crane ablaze, in one of the most serious incidents at the state-owned plant in recent memory.