News

Sev.en Global Investments to Acquire Majority Stake in Coronado Global Resources

Prague, Czech Republic, September 25, 2023 Sev.en Global Investments has signed a binding agreement to acquire a 51% interest in Coronado Global Resources Inc. (CRN:ASX), a leading international producer of high-quality metallurgical coal from The Energy & Minerals Group (EMG). Coronado Global Resources produces high-quality metallurgical coal from three mining complexes, in two of the largest and most productive metallurgical…

Ascent Resources Initiates Return of Capital Program and Declares Initial Distribution to Unitholders

Oklahoma City, Oklahoma, September 20, 2023 (PR Newswire) – Ascent Resources, LLC (together with its subsidiaries, "Ascent" or the “Company”) announced today that its Board of Managers approved a quarterly distribution of $12.5 million payable on September 25, 2023 to unitholders of the Company. All future distributions are subject to further approval by the Board of Managers. Additionally, the Company…

Landmark US$67 million Investment for Cornish Lithium

UK Infrastructure Bank makes investment to strengthen domestic lithium supply chain  Cornish Lithium to receive US$67 million in funding from the UK Infrastructure Bank, The Energy & Minerals Group and TechMet UK Infrastructure Bank’s direct equity investment will support the development of the UK’s critical minerals supply chain Funding will accelerate growth towards commercial production of lithium Part of larger…

Baffinland and ThyssenKrupp to Cooperate in Producing Low Carbon Green Steel

Nunavut High-grade iron ore to be used in tkH2Steel® project with the goal of decreasing carbon emissions along the steel value chain. Iqaluit, Nunavut (July 25, 2023) – Baffinland Iron Mines Corporation (“Baffinland“) and German steelmaker thyssenkrupp Steel Europe AG (“thyssenkrupp”) have entered into a Memorandum of Understanding (MoU) to accelerate the development of high-quality feedstock for green and low-carbon…

Salzgitter Group and Baffinland to Cooperate in Producing Low Carbon Green Steel

High-grade iron ore from Nunavut, Canada to be used in SALCOS® Joint assessment of the iron ore supply strategies for hydrogen-based steel production Lowering carbon emissions along the value chains Iqaluit (CAN) / Salzgitter (GER) – Baffinland Iron Mines Corporation (“Baffinland“) and Salzgitter Flachstahl GmbH – a subsidiary of Salzgitter AG – are strengthening their cooperation by signing a Memorandum…

Serra Verde, a Denham Capital portfolio company, announces investment by Vision Blue Resources and The Energy & Minerals Group as well as appointment of new leadership team

11 January 2023: Serra Verde Pesquisa e Mineração Ltda. (“Serra Verde” or the “Company”), a Denham Capital (“Denham”) portfolio company that is developing an integrated rare earth element (“REE”) mining and processing operation in Brazil, announces that the Energy and Minerals Group (“EMG”) and Vision Blue Resources Limited (“VBR”) have invested US$150mm in the Company. As a result, Serra Verde…

Ascent Resources, LLC Announces Utica Shale Bolt-On Acquisition, Extension of Revolving Credit Facility Maturity and Borrowing Base Increase

Oklahoma City, Oklahoma, July 1, 2022 (PR Newswire) – Ascent Resources, LLC (together with its subsidiaries, "Ascent" or the “Company”) announced today that it has entered into a Purchase and Sale Agreement with an undisclosed seller to acquire all of its assets in the Utica Shale in Ohio for a total purchase price of $270 million, subject to customary closing…

Eagle LNG To Introduce Caribbean-Based Vessels to Fuel Royal Caribbean Group Ships

THE WOODLANDS, Texas—(BUSINESS WIRE)—Eagle LNG Partners LLC (“Eagle LNG”) announced today it has partnered with the Royal Caribbean Group to provide liquefied natural gas (LNG) bunkering for the cruise company’s LNG ships, including the first ship debuting in 2023 — Icon of the Seas, the first ship in the Icon Class for the company’s Royal Caribbean International brand. Eagle LNG…

Chief Industries, Inc. and Catahoula Resources Announce Agreement to Advance Carbon Capture and Sequestration in Nebraska

ISLAND, Neb. & HOUSTON--(BUSINESS WIRE)--Chief Industries, Inc. (“Chief”) and Catahoula Resources (“Catahoula”) have entered into an agreement to jointly develop carbon capture and permanent sequestration (“CCS”) within Nebraska. Through this arrangement, Chief Ethanol, a division of Chief Industries, Inc. based in Hastings, NE, joins forces with Catahoula, a portfolio company of private investment firm The Energy and Minerals Group (“EMG”),…

Cheniere Announces Collaboration with Natural Gas Suppliers and Academic Institutions to Quantify, Monitor, Report and Verify GHG Emissions

HOUSTON--(BUSINESS WIRE)-- Cheniere Energy, Inc. (“Cheniere”) (NYSE American: LNG), the largest producer of liquefied natural gas in the U.S., today announced a collaboration with five natural gas producers and several leading academic institutions to implement quantification, monitoring, reporting and verification (“QMRV”) of greenhouse gas (“GHG”) emissions performance at natural gas production sites. The engagement with the natural gas producers is…

Battelle and Catahoula Resources Forge Partnership to Accelerate Carbon Capture, Utilization and Storage

COLUMBUS, Ohio & HOUSTON--(BUSINESS WIRE)--Battelle and Catahoula Resources (“Catahoula”) will jointly develop solutions for the capture, transport and sequestration of carbon dioxide produced at ethanol facilities in Nebraska. The agreement pairs the world’s largest private independent research and development company with a portfolio company of private investment firm The Energy and Minerals Group (“EMG”), one of the largest investors in…

ESM Acquisition Corporation Announces Pricing of $300,000,000 Initial Public Offering

HOUSTON--(BUSINESS WIRE)--ESM Acquisition Corporation (the “Company”) announced today that it priced its initial public offering of 30,000,000 units at $10.00 per unit. The units will be listed on the New York Stock Exchange (the “NYSE”) and trade under the ticker symbol “ESM.U” beginning on March 10, 2021. Each unit consists of one Class A ordinary share and one-third of one…

Eagle LNG’s Talleyrand LNG Bunker Station at JAXPort Delivering Weekly Bunkering from First-of-Its-Kind, Shore-to-Ship Fuel Depot

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Eagle LNG’s Talleyrand LNG Bunker Station, a state-of-the-art marine LNG bunkering facility, achieves another milestone as it fuels Crowley’s newest ConRo ship, Taino. Eagle LNG continues on a path of growth and success as the domestic leader in LNG bunkering for the maritime industry. This East Coast terminal is a newly designed, first-of-its-kind, shore-to-ship, LNG bunkering facility located…