Development finance institution

Steppe Gold Announces 2023 Annual Financial Results

Retrieved on: 
Monday, April 1, 2024
Tax, Term sheet, Silver, Exercise, Development finance institution, Acceleration, Tres Cruces, Sheet, Gold, Sale, Acquisition, News, Toronto Stock Exchange, Bank statement, TSX, Depreciation, Government, EPC, Mining

ULAANBAATAR, Mongolia, April 01, 2024 (GLOBE NEWSWIRE) -- Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) (“Steppe Gold” or the “Company”) is pleased to announce its financial results for the year ended December 31, 2023.

Key Points: 
  • ULAANBAATAR, Mongolia, April 01, 2024 (GLOBE NEWSWIRE) -- Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) (“Steppe Gold” or the “Company”) is pleased to announce its financial results for the year ended December 31, 2023.
  • Average realized prices for the three months and year ended December 31, 2023 were $1,977 and $1,948 per gold ounce and $20 and $21 per silver ounce, respectively.
  • All in Sustaining Cost was $1,281 and $1,140 per ounce sold for the three months and year ended December 31, 2023, respectively.
  • The Company’s consolidated financial results for the year ended December 31, 2023 have been filed on SEDAR+.

Latin America Construction Equipment Market Strategic Assessment & Forecast 2024-2029, Featuring Key Vendors Caterpillar, Komatsu, Hitachi, XCMG, Liebherr and Volvo Construction Equipment - ResearchAndMarkets.com

Retrieved on: 
Monday, April 1, 2024
Other Construction & Property, Machinery, Construction & Property, Manufacturing, Lithium, Construction, Molybdenum, BYD, Liebherr, Silver, Original equipment manufacturer, Development finance institution, Steel, Gold, Copper, Metal, Growth, Water resources, Carbon, Nickel, XCMG, Investment, Komatsu, Water, Iron, BIM, Manitou, Caterpillar, Airport, Aluminium, USD, Link Belt, Hitachi, Government, Drinking water, Mining, Airline

Caterpillar, Komatsu, Hitachi, XCMG, Liebherr & Volvo Construction Equipment have a substantial market share in the Latin America construction equipment market.

Key Points: 
  • Caterpillar, Komatsu, Hitachi, XCMG, Liebherr & Volvo Construction Equipment have a substantial market share in the Latin America construction equipment market.
  • Earthmoving equipment accounted for the largest market share in the Latin America construction equipment market in 2023.
  • Brazil is the largest market in Latin America construction equipment market.
  • The demand for this equipment will grow sharply in the Latin America construction equipment market in 2024.

3DEO Partners with IHI AEROSPACE Co., Ltd. to Advance Aerospace Manufacturing Through Strategic Investment

Retrieved on: 
Monday, March 11, 2024
Engineering, Machine Tools, Metalworking & Metallurgy, Aerospace, Manufacturing, Development finance institution, Partnership, Design for additive manufacturing, Multimedia, IHI

3DEO , a Los Angeles-based leader in design, engineering, and metal additive manufacturing (AM), is proud to announce a strategic partnership and investment with IHI AEROSPACE Co., Ltd. (IA), a globally recognized brand in aerospace engineering and manufacturing.

Key Points: 
  • 3DEO , a Los Angeles-based leader in design, engineering, and metal additive manufacturing (AM), is proud to announce a strategic partnership and investment with IHI AEROSPACE Co., Ltd. (IA), a globally recognized brand in aerospace engineering and manufacturing.
  • "We are deeply honored to partner with IA, a company that shares our vision for the future of aerospace manufacturing,” Matt Petros, CEO and Co-founder of 3DEO, commented.
  • Payman Torabi, CTO and Co-founder of 3DEO, added, "Working alongside IA presents an exceptional opportunity to apply our additive manufacturing technologies to the aerospace sector.
  • The strategic investment from IA not only marks an important vote of confidence in 3DEO's technology and team but also represents a collaborative effort to explore new advancements in aerospace manufacturing.

Defense Metals Appoints Guy de Selliers de Moranville to the Board of Directors

Retrieved on: 
Wednesday, April 3, 2024
Civil service commission, Organization, European Central Bank, Master, Reconstruction, Development finance institution, Knowledge, Norilsk Nickel, Metal, Université catholique de Louvain, Senior, Pulse, AG Insurance, European Commission, Lehman Brothers, World Bank, Defense, EBRD, Engineering, Economics, Solvay S.A., Mining, Management

VANCOUVER, BC, April 3, 2024 /PRNewswire/ - Defense Metals Corp. ("Defense Metals" or the "Company"; (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce the appointment of Mr.

Key Points: 
  • VANCOUVER, BC, April 3, 2024 /PRNewswire/ - Defense Metals Corp. ("Defense Metals" or the "Company"; (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce the appointment of Mr.
  • Guy de Selliers de Moranville as a new director to the Board of Directors.
  • "The entire Board and Management of Defense Metals are thrilled to welcome Guy, a seasoned business leader, as he helps steer us through the next phase of development at Wicheeda.
  • With Guy on board, Defense Metals gains the expertise of and knowledge of an experienced executive with a proven track record in corporate governance, finance and project development.

IMS Developing Japan's First "Cold (Neutral) Atom" Quantum Computers: New Collaboration with 10 Industry Partners toward Commercialization

Retrieved on: 
Tuesday, March 12, 2024
Temperature, Natural science, Innovation, Growth, Commercialization, Development finance institution, Professor, Business, Internet, Research, Electronics, Artificial intelligence, University, Software, Computer, Quantum, IMS, Architecture, NEC, University of California, Hitachi, Optical tweezers, Fujitsu, Bangladesh Technical Education Board, Silicon, Microscope

The launch of the PF was made possible by collaboration with 10 industry partners, including companies and financial institutions.

Key Points: 
  • The launch of the PF was made possible by collaboration with 10 industry partners, including companies and financial institutions.
  • It plans to launch a start-up company by the end of its FY2024 and begin the development of "cold (neutral) atom" quantum computers.
  • The Ohmori group at the IMS is leading the world in developing the cold (neutral) atom quantum computers.
  • By taking advantage of these technical advances and core competencies of the Ohmori group, the IMS will accelerate the development and commercialization of quantum computers in collaboration with its industry partners.

IMS Developing Japan's First "Cold (Neutral) Atom" Quantum Computers: New Collaboration with 10 Industry Partners toward Commercialization

Retrieved on: 
Tuesday, March 12, 2024
Temperature, Natural science, Innovation, Growth, Commercialization, Development finance institution, Professor, Business, Internet, Research, Electronics, Artificial intelligence, University, Software, Computer, Quantum, IMS, Architecture, NEC, University of California, Hitachi, Optical tweezers, Fujitsu, Bangladesh Technical Education Board, Silicon, Microscope

The launch of the PF was made possible by collaboration with 10 industry partners, including companies and financial institutions.

Key Points: 
  • The launch of the PF was made possible by collaboration with 10 industry partners, including companies and financial institutions.
  • It plans to launch a start-up company by the end of its FY2024 and begin the development of "cold (neutral) atom" quantum computers.
  • The Ohmori group at the IMS is leading the world in developing the cold (neutral) atom quantum computers.
  • By taking advantage of these technical advances and core competencies of the Ohmori group, the IMS will accelerate the development and commercialization of quantum computers in collaboration with its industry partners.

Surging Lithium Market Growth Expected Through 2030 Due to Increasing Adoption of Cleaner Energy Sources

Retrieved on: 
Monday, March 4, 2024
Lithium, EVS, Air pollution, Battery, Ganfeng Lithium, Ceramic, Growth, LAAC, NAL, Electric vehicle, PEA, OTCQB, Letter, EV, NPV, ATM, Pollution, Transport, BNDES, IRR, Interim, Economics, Environment, Pressure, Piedmont Lithium, Electricity, PLL, Lubricant, Borate, Life, Carbon, Safety, SLI, National Instrument 43-101, Tesla Model S, GHG, PALM, Collection, USD, Climate, Mineral, TSX, Government, Paris Agreement, Development finance institution, National instrument, Policy

Rising demand for lithium batteries, lubricants, glass & ceramics, and foundry is expected to foster the growth of this market.

Key Points: 
  • Rising demand for lithium batteries, lubricants, glass & ceramics, and foundry is expected to foster the growth of this market.
  • The growing adoption of hybrid and electric vehicles, high-drain portable electronics, and energy storage systems have boosted the growth of the overall market.
  • The Paris Agreement aims to reduce greenhouse gas (GHG) emissions by at least 40% under its 2030 climate and energy framework.
  • Governments in several countries worldwide are implementing strict emission standards to reduce and control carbon emissions, thus augmenting market growth.

Patria Announces Launch of Infrastructure Private Credit Fund Anchored by BNDES, CAF and IFC

Retrieved on: 
Wednesday, February 21, 2024
Economic development, International Finance Corporation, Sanitation, Capital market, Investment, Bank, Quality of life, CAF, Private, Private sector, Development finance institution, World Bank Group, Fund, Private credit, Brazilian Development Bank, Partnership, Renewable energy

"The investment strategy combines the skills and expertise of two important areas within Patria - Infrastructure and Private Credit.

Key Points: 
  • "The investment strategy combines the skills and expertise of two important areas within Patria - Infrastructure and Private Credit.
  • "IFC's investment in the new Patria fund will contribute to increase access to and improve the quality of infrastructure services through private sector participation in capital markets.
  • This is essential for economic growth in a context of limited fiscal space for public investments," said Carlos Leiria Pinto, IFC's Brazil Country Manager.
  • “This is a strategic step that aims to strengthen investments at the regional level and thus have a positive impact directly on these communities.

SIGMA LITHIUM IS AWARDED BY BNDES A LETTER OF INTENTION FOR DEVELOPMENT BANK DEBT TO FUND CONSTRUCTION OF ITS ENVIRONMENTALLY FULLY LICENSED SECOND GREENTECH INDUSTRIAL LITHIUM PLANT

Retrieved on: 
Monday, February 12, 2024
Lithium, Letter, Sigma, Climate, Construction, BNDES, Government, LO, Carbon, Documentation, Observation, Development finance institution, Engineering, Non-governmental organization

SÃO PAULO, Feb. 12, 2024 /PRNewswire/ -- Sigma Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ: SGML, BVMF: S2GM34, TSXV: SGML), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, socially and environmentally sustainable lithium concentrate, is pleased to announce that it received a Letter of Intention for a project finance credit line ("Development Bank Credit Line") from the Development Bank of the Brazil (the "BNDES"). The Development Bank Credit Line will be used for the expansion of the Company's world class unique Quintuple Zero Green Lithium Grota do Cirilo project in Vale do Jequitinhonha in Brazil (the "Project").

Key Points: 
  • Sigma Lithium completed the certification process with BNDES, which included the filing of the final FEL3 Capex for Construction and Engineering of the Second Greentech Plant totaling R$ 492,4 million or approximately US$ 100 million
    The Letter of Intention by BNDES outlines its intention to extend the Company development bank debt financing ("Development Bank Debt") to fund the Second Greentech industrial lithium concentrate production plant ("Second Greentech Plant") at Vale do Jequitinhonha in Brazil.
  • The Second Greentech Plant will introduce additional innovations that will further increase the efficiency of its industrial process to beneficiate spodumene ore into Quintuple Zero Green Lithium.
  • Ana Cabral-Gardner, CEO and Co-Chairman said: "We are honored and delighted with the Letter of Intention received today from BNDES.
  • Having BNDES as a creditor represents the support of the government of Brazil to Sigma Lithium's industrial expansion plans at Vale do Jequitinhonha."

IG Group, Aichi International Arena Corporation and AEG Announce Historic Naming Rights Partnership for New Arena in Nagoya, Japan

Retrieved on: 
Thursday, February 8, 2024
Commercial Building & Real Estate, Construction & Property, General Sports, Sports, Other Entertainment, General Entertainment, Events, Concerts, Entertainment, Maeda Corporation, Furuichi, Asian Games, NTT Docomo, IG Group, Sport, Tokyu Corporation, EVP, Partnership, Asian Para Games, Investment, AEG, Local government, City, Heart, Multimedia, Development finance institution, Associate, Aichi Prefecture, Music

Ushering in a new era of corporate partnerships in Japan, IG Group, a global leader in online trading and investments, the Aichi International Arena Company, Ltd., and AEG today announced a 10-year naming rights partnership for the new 17,000-seat arena under construction in Nagoya, Japan.

Key Points: 
  • Ushering in a new era of corporate partnerships in Japan, IG Group, a global leader in online trading and investments, the Aichi International Arena Company, Ltd., and AEG today announced a 10-year naming rights partnership for the new 17,000-seat arena under construction in Nagoya, Japan.
  • (Photo: Business Wire)
    The multi-year agreement, marks one of the largest naming rights agreements in Japan and the Asia Pacific region.
  • “We are thrilled to be introducing IG Arena to the world,” Tomoharu Furuichi, Japan Country Head.
  • IG Group continues to innovate its offering for the next generation of traders and investors through its market-leading brands: IG, tastytrade, IG Prime, Spectrum, and DailyFX.