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Power Nickel earns 80% of Nisk project in Quebec, adds polymetallic zone

Shares in Power Nickel have soared nearly 60% since it reported the first Lion drill results on April 15. They were up 4% on Wednesday to C41ยข apiece, valuing the company at C$65.6 million ($47.8m). โ€œWe have a real sentiment of having found a large...

Integrated Power to acquire ABB industrial services business

IPS offers complete in-shop electric motor and generator repair, including ABB and General Electric models. Credit: Integrated Power Services Integrated Power Services (IPS) is acquiring the assets of ABBโ€™s industrial services business. The acquisition brings to IPS five well-equipped electric motor, generator, mechanical,...

The Rise of Solar Power: An Impending Challenge to Coal in the Asia-Pacific Region

Citing a report from Wood Mackenzie, VP - head of Asia Pacific power research, Alex Whitworth, heralded the emergence of utility PV solar as the most cost-effective power source in the region in 2023. With onshore wind poised to outprice coal post-2025, the...

China’s Renewable Power Surging Ahead of Coal

Wind and solar power are projected to surpass coal in China's power mix by the end of this year, ending coal's slight 2023 advantage over the renewable sources, which accounted for 36% of capacity by the close...

Codelco Makes $244 Million Acquisition of Lithium Power

In a significant move to strengthen its position in the lithium industry, Chile's state-owned mining company Codelco has announced its acquisition of Lithium Power for $244 million. Lithium Power had recently sold its assets in Western Australia to focus on its flagship Maricunga...