Decarbonization
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Global Markets Navigate ECB Liquidity, Major Mining Merger Talks, Middle East Tensions, and Tech Upgrades
Stock Market News· 2026-01-09 10:38
Group 1: Eurozone Banking Liquidity - The European Central Bank (ECB) reported no overnight borrowings, with 2495.58 billion euros deposited in its overnight deposit facility, indicating robust liquidity in the eurozone banking system [2][8]. Group 2: Rio Tinto and Glencore Merger - Rio Tinto is considering retaining coal assets if it successfully acquires Glencore, which could create a mining giant with an enterprise value exceeding $260 billion [3][4]. - This potential acquisition marks a strategic shift for Rio Tinto, which had divested its last coal mine in 2018, highlighting complexities in decarbonization strategies within the mining sector [4]. Group 3: Alphabet Inc. Price Target Adjustment - Scotiabank raised its price target for Alphabet Inc. to $336 from $310, maintaining an "Outperform" rating, reflecting continued analyst confidence in the company's performance and growth prospects [7][9]. - The upgrade follows previous positive assessments, with Scotiabank having raised Alphabet's price target to $310 from $240 in October 2025, citing a recovery in the advertising business and strong YouTube performance [10].
BHP Rallies 29% in 6 Months: How to Play the Stock Right Now?
ZACKS· 2026-01-08 17:55
Key Takeaways BHP shares have gained 29.2% in six months, supported by record fiscal 2025 iron ore production at WAIO.BHP is shifting capital toward copper and potash, with nearly 70% of medium-term capex allocated.BHP generated $18.7B in FY25 operating cash flow and ended the year with net debt of $12.9B.BHP Group Limited (BHP) shares have gained 29.2% in the past six months, outperforming the Zacks Mining - Miscellaneous industry’s 25% growth. Over the same period, the Zacks Basic Materials sector has gai ...
Diginex Didn't Just Expand a Platform, It Strengthened the Infrastructure That Powers It
Accessnewswire· 2026-01-08 14:30
LONDON, UK / ACCESS Newswire / January 8, 2026 / Wednesday's announcement from Diginex Limited (NASDAQ:DGNX) is not about adding another feature or expanding a menu of ESG checkboxes. It is about control. Control over data. Control over execution. Control over how sustainability reporting connects to real operational change. That intent becomes clearer the moment you move past the acquisition headline and into the structure of the deal itself. By signing a definitive agreement to acquire Plan A, Diginex did ...
California Resources Corporation and Los Angeles Rams Score in Carbon Management Initiative
Globenewswire· 2026-01-08 13:00
First year of CRC’s “Football Without the Footprint” delivers measurable emissions reduction and local community impactLONG BEACH, Calif., Jan. 08, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) and the Los Angeles Rams today celebrated the first year of their “Football Without the Footprint” partnership, an innovative carbon management initiative designed to reduce and offset the team’s carbon emissions. The partnership demonstrates a tangible path toward decarbonization while delive ...
Strategic Resources Expands its Board of Directors and Management Team
Prnewswire· 2026-01-08 13:00
MONTREAL, Jan. 8, 2026 /PRNewswire/ - Strategic Resources Inc. (TSXV: SR) (the "Company" or "Strategic") is pleased to announce that Mr. Terry Perles will join the Company's Board of Directors. Mr. Perles will also take on a role with the Company's management team as Business Development Lead for Vanadium and Titanium Products. Mr. Perles is the founder of TTP Squared, Inc., a vanadium industry consulting firm which he has managed for the last 15 years. Mr. Perles is also the current Chairman of the Vanadiu ...
Digi Power X enters non-binding LOI with Omnis Pleasants
Yahoo Finance· 2026-01-08 12:47
Core Insights - Digi Power X (DGXX) has entered into a non-binding letter of intent with Omnis Pleasants to explore a strategic partnership focused on large-scale artificial intelligence and high-performance computing infrastructure [1] Group 1: Strategic Partnership - The partnership aims to conduct a comprehensive load and interconnection study of up to 1.3 gigawatts, assessing long-term power availability and grid connectivity for energy-intensive computing applications [1] - The agreement includes a potential long-term lease of up to 200 acres of land for deploying AI and advanced computing infrastructure using Digi Power X's proprietary ARMS modular Tier III data center platform [1] Group 2: Equity and Ownership - The LOI outlines a framework for potential equity alignment, including a mutual equity exchange based on fair market valuation [1] - Digi Power X may acquire an equity ownership stake exceeding 10% in the power plant entity, contingent on definitive documentation, agreed valuation, financing structure, and regulatory approvals [1] Group 3: Additional Initiatives - Digi Power X and Pleasants will collaborate on a hydrogen-transition feasibility study for Digi Power X's New York power assets, aligning with broader decarbonization and energy-transition initiatives [1] - The load study is expected to commence within 30 days, with the target for executing definitive agreements within approximately 90 days, subject to customary conditions and approvals [1]
ArcelorMittal Secures Long-Term Low-Carbon Power Supply From EDF
ZACKS· 2026-01-07 15:35
Key Takeaways ArcelorMittal signed a CAPN with EDF to secure long-term low-carbon electricity for its sites in France.MT receives a share of EDF's operating nuclear fleet capacity under an 18-year contract starting Jan. 1, 2026.ArcelorMittal says the deal supports decarbonization, competitive pricing, and production in France.ArcelorMittal S.A. (MT) and EDF have signed a Nuclear Power Production Allocation Contract (“CAPN”) to secure a long-term supply of low-carbon electricity. This marks a major step in A ...
PMGC Holdings Inc. Announces Strategic Share Acquisition in Micro Modular Reactor (MMR) Focused Nuclear Energy Company, Nuclea Energy Inc.
Globenewswire· 2026-01-06 12:30
The U.S. small and micro modular reactor (SMR/MMR) market is experiencing rapid growth, driven by energy security needs, data center demand, and federal support for advanced nuclear technologies NEWPORT BEACH, Calif., Jan. 06, 2026 (GLOBE NEWSWIRE) -- PMGC Holdings Inc. (NASDAQ: ELAB) (“PMGC” or the “Company”), a diversified public holding company with multiple operating subsidiaries announces its investment arm PMGC Capital LLC. (“PMGC Capital”), has invested and acquired non-controlling shares in Nuclea E ...
AES Stock Rises 28.6% in 6 Months: What Should Investors Do?
ZACKS· 2026-01-05 13:30
Key Takeaways AES stock has surged 28.6% in six months, far outpacing the utility electric power industry's gains.AES is expanding renewables, storage and data center PPAs, to meet rising AI-driven power demand.AES' higher debt and low current ratio raise caution, even as earnings estimates show growth.The AES Corporation (AES) shares have gained 28.6% over the past six months compared with the Zacks Utility-Electric Power industry’s growth of 8.4%. The company is benefiting from its focus on expanding its ...
Alphabet acquires clean energy developer Intersect for $4.75B
Yahoo Finance· 2026-01-05 12:47
This story was originally published on ESG Dive. To receive daily news and insights, subscribe to our free daily ESG Dive newsletter. Dive Brief: Alphabet, Google’s parent company, announced last month it will acquire clean energy and data center infrastructure developer Intersect in a $4.75 billion deal expected to close in the first half of this year. Intersect’s operations will remain separate from Google and Alphabet’s, with Intersect founder and CEO Sheldon Kimber retaining his title, according to ...