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Brazil
06 October 2020

U.S. to Finance Brazil Cobalt Project to Reduce Reliance on China

The U.S. government development bank is to invest $25m in mining investment company TechMet, to develop a Brazilian nickel and cobalt project, as part of a push to reduce reliance on supply chains dominated by China. 
Angola
05 October 2020

EU and US Measures to Improve Supply of Rare Earths to Boost Angola Project

Measures taken by the U.S. and the European Union (EU) to improve supply of rare earths minerals are seen as encouraging by mining company Pensana, which partners in a new project in Angola with China Great Wall Industry Corporation (CGWIC). 
Angola
28 September 2020

Angola Invests Further USD 8.6 million in Rare Earth Mine

The Angolan Sovereign Wealth Fund (FSDEA) will invest a further USD 8.6 million in the Longonjo Rare Earth mine, according to mining company Pensana, which partners in the project with China Great Wall Industry Corporation (CGWIC).
Cabo Verde
08 September 2020

Cabo Verde Receives First Electric Cars From China´s JAC Motors

China´s JAC Motors electric vehicles are now available in Cabo Verde, marketed by Portuguese dealer Tuacar under a project supported by the local Government.
Angola
04 September 2020

Angolan Oil Platform Operated by BP and Sinopec Reaches Production Landmark

Floating Oil Platform (FPSO) "Grande Plutónio", operated in the Angolan offshore by BP in partnership with Sinopec, has reached a landmark production level of 600 million barrels of oil.
Angola
26 August 2020

Angolan Oil Production Heading Bellow 1 million barrels in 4-5 Years – Government

The Angolan Oil & Gas agency (ANPG) forecasts Angolan oil production in blocks currently under production will contract continuously in the next decade, and drop bellow 1 million barrels per day in 4 to 5 years.
China
13 August 2020

China Three Gorges Increases Stake in Portugal´s EDP

China Three Gorges (CTG) increased to 21,55% its stake in EDP, Portugal´s leading energy company, where it is already the largest shareholder. 
Brazil
12 August 2020

Brazil Considers Taxing China Aluminum Imports Due to Dumping

Brazil´s Ministry of Economy is considering to tax aluminum imports from China, in light of evidence of damages to the country´s industry caused by Chinese dumping.
Brazil
03 August 2020

China´s Sinopharm to Launch Covid-19 Vaccine Testing in Brazil, After Sinovac

The fourth major COVID-19 vaccine trial in Brazil, and the second by a Chinese company, is set to be launched by Sinopharm, under an agreement with Parana state.
Angola
27 July 2020

Pensana in Talks With Banks to Add Funding to Angola Rare Earths Project

Pensana Rare Earths is in early stage talks with lenders including Barclays, South Africa’s Rand Merchant Bank (RMB) and funds including Fidelity to secure more funding for its Angola project, its chairman said.
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