Renewable Partnerships Bolster Clean Energy Initiatives Alabama Solar Expansion: U.S. aluminium company Novelis will endorse the development of two 80-MW solar power facilities in Alabama. This move stems from an alliance with a regional branch of energy provider Southern Company. Novelis committed to Alabama Power’s Renewable Subscription Programme. This commitment aims to procure adequate renewable electricity to cater to half...
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Pan American Silver Completes Divestment of MARA and Morococha
Pan American Silver (PAAS) has successfully completed the previously announced divestment of its 56.25% stake in the MARA project in Argentina and its 92.3% ownership in the Morococha mine in Peru. These divestments align with Pan American’s strategic goal of optimizing its portfolio after acquiring Yamana Gold. The transactions will lead to a reduction in the company’s annual costs related...