Glencore and Li-Cycle announce innovative Partnership to advance Circularity in Battery Raw Material Supply Chains
Glencore announces the establishment of a strategic partnership with Li-Cycle Holdings Corp., a leading lithium-ion battery recycler in North America. Glencore will subscribe for convertible debt in Li-Cycle and Li-Cycle will become a preferred partner for Glencore in the lithium-ion battery recycling sector.
There may be many hurdles to overcome — The development of autonomous construction machines is currently among the main goals of manufacturers and research institutes alike. Accordingly, many aspects of this topic will be echoed at bauma, which will take place in Munich from October 24–30, 2022.
Skanska has signed a contract with the Norwegian Public Roads Administration on the construction of a new highway outside Oslo, Norway. The contract is worth NOK 2.9 billion, about SEK 3.1 billion, which will be included in the Nordic order bookings for the second quarter 2022.
Sedgman Pty Ltd
Cimic´s Sedgman enters Agreement for Canadian Gold Project
The ISA, which will generate revenue for Sedgman of approximately $16 million over a two month period, will enable the commencement of detail design and procurement of long lead equipment for the process plant.
It precedes the finalisation of an engineering, procurement, and construction (EPC) contract for the processing plant and associated infrastructure at the project. The EPC contract is expected to be executed by mid-2022 and generate revenue of approximately $312 million for Sedgman over two years.
Cimic Group Chief Executive Officer Juan Santamaria said: “The interim services agreement enables Sedgman and Artemis to commence design and procurement work for long lead equipment and materials and refine the scope of the EPC contract. We look forward to helping Artemis unlock the value of its Blackwater project.”
Sedgman Managing Director Grant Fraser said: “We are pleased to be working with Artemis as it progresses its Blackwater project towards its first gold pour in 2024 and delivers benefits for the region’s economy.”
The ISA will commence in May and is scheduled to be completed in mid-2022.
Source: Hochtief AG
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