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Northern Graphite closes acquisition of two graphite mines; 3rd largest non-Chinese graphite company

Green Car Congress

Canada-based Northern Graphite Corporation has closed its previously announced acquisition of the producing Lac des Iles graphite mine (LDI) in Québec from a subsidiary of Imerys SA and the Okanjande graphite deposit/Okorusu processing plant in Namibia from a subsidiary of Imerys and its joint venture partner. Sprott invested CDN$3.75

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HyIron opens direct reduction plant for green iron

Green Car Congress

HyIron, with the support of the state of Lower Saxony, has commissioned what it says is the world’s largest direct reduction plant for green iron on the site of RWE’s Emsland gas-fired power plant. Here in Lingen, we are already using iron ore from Namibia to optimize the process and the product.

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ExxonMobil to explore offshore South Africa; deal for 75% interest in Tugela South

Green Car Congress

The ExxonMobil affiliate signed an agreement with Impact Africa Limited (Impact), a subsidiary of Impact Oil & Gas Limited, to acquire a 75% participating interest in the Tugela South Exploration Right and will become operator. Greenlee, president of ExxonMobil Exploration Company. million acres offshore Durban.