The Indonesian president said that Indonesia invited Japan to cooperate in the fields of critical minerals, rare earths, renewable energy, and nuclear energy.
Mar 31, 2026 13:11AGEL has successfully commissioned 951 MW of renewable energy capacity across two locations in India: Baiya, Rajasthan (251 MW) and Khavda, Gujarat (700 MW). The newly commissioned portfolio consists of 926 MW of solar and 25 MW of hybrid projects, executed through various step-down subsidiaries. Following the receipt of all necessary clearances, the plants officially commenced commercial operations and power generation on March 30. With the integration of these new facilities, AGEL's total operational renewable generation capacity has now expanded to 18,933.3 MW.
Mar 31, 2026 09:35The International Finance Corporation ('IFC') is providing a loan of up to $125 million to 'OCI TerraSus Sdn. Bhd.' for a semiconductor-grade polysilicon manufacturing facility in Malaysia. The plant, a joint venture between Korea's 'OCI' and Japan's 'Tokuyama Corporation', is located in Sarawak and has a planned capacity of 10,000 MT with a total investment of $435 million. Powered by renewable energy, it is billed as Southeast Asia's first such facility, producing high-purity materials for silicon wafers and semiconductor chips amid surging 'AI' demand. This follows a $250 million 'IFC' loan granted last August for a 100,000 MT polysilicon plant in Oman.
Mar 31, 2026 09:34During a Tokyo visit, Indonesian ESDM Minister Bahlil Lahadalia announced plans to expedite the $20.9 billion Masela Block gas project with Inpex, under directives from President Prabowo. The strategic project, which includes Carbon Capture and Storage (CCS) technology, targets completing its Front-End Engineering and Design (FEED) and launching its EPC tender in 2026. Concurrently, Indonesia is pushing for broader investments in renewable energy—such as geothermal, hydro, solar, and wind—to strengthen national energy security amid global geopolitical uncertainties.
Mar 30, 2026 22:42WinDC has partnered with Armada to deploy 11 MW of modular data centers across solar, wind, and battery sites in Australia, starting in New South Wales and Western Australia. Designed to bypass grid constraints, these shipping-container-sized units can be deployed in just 90 days, are fully relocatable, and run on 100% renewable energy. The initiative aims to position Australia as a global hub for AI infrastructure by building "sovereign AI factories" directly where energy is produced. While currently manufactured in the US and Europe, both companies plan to shift production to Australia once deployment reaches a specific threshold, reinforcing a strong "Made in Australia" commitment.
Mar 30, 2026 17:42India’s steel market in 2026 is expected to remain balanced, with demand slightly outpacing supply. Domestic consumption will absorb most output, while imports decline overall and exports increase modestly as a balancing mechanism. Supported by strong growth and infrastructure investment, India is transitioning toward a demand-led steel market with solid long-term potential.
Mar 30, 2026 15:19According to CMOC’s official WeChat account: On March 27, CMOC released its 2025 annual results report, which showed that the company’s operating revenue reached 206.684 billion yuan, standing firmly above the 200 billion yuan mark for the second consecutive year; net profit attributable to shareholders came in at 20.339 billion yuan, up 50.30% YoY and setting a new record for the fifth consecutive year; net operating cash flow reached the second-highest level in its history at 20.843 billion yuan; and total assets exceeded 200 billion yuan for the first time, reaching 200.932 billion yuan, up 18.03% YoY. In particular, in Q4, the company recorded operating revenue of 61.198 billion yuan, net profit attributable to shareholders of 6.059 billion yuan, and copper production of nearly 200,000 mt, all setting record highs for a single quarter. In 2025, with organisational upgrading as its main focus, the company built a “specialised, internationalised, and younger” team, refined its operations, and, together with rising prices for major products and strong production and sales, pushed its performance to a new peak. Specifically— Operating quality continued to improve. Revenue from the mining segment reached 77.713 billion yuan, accounting for 38% of total operating revenue, with the “mining” share up about 7 percentage points from 2024. Among this, revenue from copper products was 55.096 billion yuan, accounting for 27% of total operating revenue and 71% of mining-segment revenue. Both “copper” share indicators increased by about 7 percentage points YoY. This was attributable to the continued debottlenecking of two world-class copper mines, TFM and KFM, based on their existing six production lines. During the reporting period, the company’s copper production reached 741,100 mt, setting another record high and consolidating its position among the world’s top 10 copper producers. Based on the midpoint of production guidance, the completion rate was 118%, while maintaining double-digit growth of 13.99% YoY. Sales were 730,200 mt, up 5.90% YoY. Together with higher prices, copper revenue increased 31.63% YoY. Production of other products also exceeded expectations: niobium production hit a record high of 10,348 mt, with a completion rate of 103%; phosphate fertiliser production was 1.2135 million mt, with a completion rate of 106%; cobalt production was 117,500 mt, with a completion rate of 107%; molybdenum production was 13,906 mt, with a completion rate of 103%; and tungsten production was 7,114 mt, with a completion rate of 102%. In addition, the company recorded physical trading volume of 4.71 million mt, with a completion rate of 111%; IXM’s gross margin under IFRS was 2.11%, a recent high. The results of “cost reduction and efficiency improvement” became even more evident. Full-year operating costs were 157.229 billion yuan, down 11.56% YoY. In 2025, mining areas worldwide focused on key words such as innovation, technological transformation, and process optimisation, putting the concept of “refined operations” into practice. In Q4, TFM’s overall copper beneficiation and smelting recovery rate, equipment operating rate, and raw ore throughput all exceeded the calendar schedule; KFM established an ore characteristics database and ore blending model, lifting grinding efficiency by more than 30% YoY; at CMOC Brazil’s niobium segment, the recovery rates of two beneficiation plants rose by about 2 percentage points from the previous year, setting record highs; in China, recovery rates at Shangfanggou molybdenum and Sandaozhuang molybdenum and tungsten increased by 3.24 and 2.65, and 3.17 percentage points YoY, respectively, also reaching record highs. Centered on “multiple products, multiple countries, and multiple stages,” the company built a “copper + gold” dual-pole structure in 2025, adding gold resources last year. Together with the greenfield gold mine in Ecuador and four operating gold mines in Brazil, the company will have gold production capacity of 20 mt in South America by 2029. The Ecuador gold mine is expected to start production in 2029, with land acquisition and power supply assurance advancing rapidly; the Brazil gold mines achieved output above target in the first two months, and are expected to produce 6-8 mt of gold this year. Targeting copper production of 800,000-1 million mt in 2028, the company is building Phase II of the KFM project, which is expected to add annual copper capacity of 100,000 mt after coming into operation in 2027; TFM identified resource potential in relevant deposits, and preliminary preparations for Phase III construction are accelerating. In addition, the company completed the issuance of a $1.2 billion one-year zero-coupon convertible bond, broadening financing channels to support the implementation of its strategy. Alongside earnings growth, the company consistently practiced high-standard ESG principles. During the reporting period, ESG governance was further improved and digitalisation advanced; environmental performance led globally: the carbon emission intensity of its copper products was lower than that of 70% of mining companies worldwide, while the shares of renewable energy and water recycling increased further from 2024 to 38% and 89%, respectively; total global economic contribution reached 182.42 billion yuan, and global community investment was 488 million yuan. 2026 is a critical year for the company to fully implement its new development strategy and deepen platform-based operations and refined management. The company will further build a platform-based organisation: with the global supply chain centre as the pioneer, it will enhance synergies and cost competitiveness; relying on the “622” model, supplemented by multinational mine management experience and standardised business processes, it will improve its global control system. Centered on the “copper-gold dual poles,” the company will further transform its resource advantages into capacity and production advantages, while continuing to seek high-quality targets. With the goal of becoming a “globally leading, distinctive world-class mining company,” the company will continue to forge ahead in the mining industry.
Mar 28, 2026 11:05South Korea's 'MOIS' has launched a national drive to establish community-owned solar cooperatives, targeting 2,500 'Sunlight Income Villages' by 2030. Under the program, communities will install 300 kW to 1 MW plants on idle land to share revenues among residents. The government is offering long-term, low-interest loans covering up to 85% of costs from a KRW 450 billion renewable energy fund in 2026. To overcome grid bottlenecks, the initiative grants projects priority grid access and 'ESS' installation support, while mandating the use of domestically produced modules and inverters.
Mar 26, 2026 13:21Following the approval of 'Operational Plan 7.4', Spain's grid operator 'Red Eléctrica' has officially launched real-time, setpoint-based voltage control services, allowing renewable energy installations to provide dynamic grid support. Live since March 17, the system enables generation units to adjust reactive power in response to operator signals. Over 50 installations are now actively participating, with 74 facilities (totaling roughly 6.7 GW) already qualified, including 32 PV plants. To incentivize participation and reduce technical curtailment, the framework offers maximum dispatch priority and compensates at approximately €1/MVArh. Looking ahead, the operator plans to roll out zonal reactive power capacity markets by the fourth quarter of 2026.
Mar 26, 2026 13:20Tata Steel and Hindustan Zinc announced on Monday, 25 March 2026, a partnership to incorporate EcoZen, a sustainable and environmentally friendly steel production solution, producing low carbon-zinc. HZL’s EcoZen is manufactured using renewable energy and has a certified carbon footprint of less than 1 tonne of CO₂ equivalent per tonne of zinc, around 75% lower than the global industry average of production. This allows downstream industries to significantly reduce toxic emissions across the value chain.
Mar 25, 2026 16:59