Silver Elephant Mining's Mongolian subsidiary has leased the Ulaan Ovoo coal mine to a major Mongolian conglomerate. The lessee will pay royalties starting at $2 per tonne of coal extracted, increasing to $3 per tonne from 2028. The coal, known for low ash and sulfur, will be blended with coking coal for sale to various industrial customers in China and Mongolia. The lease runs until the end of 2031, with expected annual production between 300,000 and 1,000,000 tonnes, while Silver Elephant retains oversight of operations.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Viasat and BMW Group have successfully demonstrated the first integrated automotive satellite voice call, allowing drivers to make calls directly through the car's infotainment system even in areas without cellular coverage. This advancement, utilizi...
Iran has warned it will retaliate fiercely if the US targets its infrastructure, following President Trump's threat to strike Iranian power plants and bridges next week if negotiations fail. The US recently conducted airstrikes against Iranian milita...
Solana (SOL) maintains its price in the mid-$70 range, supported by several key developments. These include Circle's recent issuance of $500 million in USDC on the Solana network, increasing liquidity and transactional demand. Additionally, instituti...
