Saudi Arabia announced the discovery of an estimated 110 million metric tons of uranium-bearing ore in the Madinah region, marking a significant milestone in the kingdom’s efforts to develop its mining sector and support its long-term civilian nuclear energy ambitions.
German stellarator start-up Proxima Fusion and the State of Lower Saxony signed a memorandum of understanding to build Europe’s first large-scale industrial factory for high-temperature superconducting tape. About €140 million (US$162.6 million) has been allocated for the first two project phases running to 2029.
Finland signed a joint statement on fusion energy research with the United Kingdom, the United States, Canada, France, Germany, Italy, Japan, and the Republic of Korea. The joint statement was signed at the Global Fusion Policy Summit, convened by U.K. Minister for Energy Security and Net Zero Michael Shanks and U.S. Under Secretary for Science Darío Gil.
AGC will work with Obayashi Corporation to establish a closed-loop recycling process using waste window glass generated at Obayashi’s demolition projects. The glass produced through this process is expected to be used in building applications, including projects undertaken by Obayashi.
At IAA Transportation, Volvo Group, Daimler Truck, Toyota Motor Corporation, Bosch, Air Liquide, TotalEnergies, TEAL Mobility, and MB Energy unveiled their plans to accelerate the rollout of hydrogen-powered vehicles across Europe.
Canadian Industry Minister Mélanie Joly recently announced the hiring of 64 scholars, who will be supported by more than CAN$500 million (US$350 million) for eight years at several universities in Canada. Forty-eight of the academics will come from institutions in the U.S., including Harvard, Cornell, and Massachusetts Institute of Technology.
The first Korea–Central Asia summit, held in Seoul on September 16, capped three days of bilateral meetings that produced more than 70 agreements and memorandums. The leaders agreed to meet every two years, a separate C5+1 forum for industry ministers was established, and critical minerals took a central place on the new agenda.
The electric motorcycle is part of a growing effort to bring Africa’s energy transition into wildlife reserves. In the Maasai Mara, conservation operators are testing whether electric mobility can reduce fuel use and maintenance costs while limiting noise in one of Africa’s most important ecosystems.
A new report by the Nuclear Energy Agency and Electric Power Research Institute found that as electricity systems become increasingly low carbon and more diversified, they are also becoming more expensive.
For the past several years, Mexico’s economic agenda has been shaped by one dominant theme: nearshoring. The artificial intelligence era offers the possibility to strengthen that position further, provided the necessary energy infrastructure is built to support future demand.
Five years ago, Congress mandated that builders use U.S.-made materials in order to get federal funds. While there are a few hundred components that go into building a bridge or a highway, there are thousands of items that go into constructing a typical apartment building. Tracking each item has greatly slowed the construction of affordable housing.
