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UK’s rejection of Morocco energy link stalls XLCC cable factory plans

Plans for a massive undersea cable factory in Scotland have been thrown into uncertainty after the UK government rejected a proposed £25 billion energy link between Morocco and Britain. The decision has forced XLCC, the British company behind the project, to pause construction of its high-voltage......

Nvidia CEO praises TSMC as demand for Blackwell chips surges

Nvidia's CEO, Jensen Huang, made an emotional return to Taiwan over the weekend, marking his fourth visit this year. Speaking at Taiwan Semiconductor Manufacturing Co.’s (TSMC) annual sports day in Hsinchu, Huang delivered a heartfelt speech in Mandarin, acknowledging the critical role TSMC......

Boeing invests $1 billion to expand 787 Dreamliner production in South Carolina

Boeing has officially launched a $1 billion expansion project at its North Charleston facility in South Carolina, aiming to double production capacity for its popular 787 Dreamliner. The aerospace giant's move comes as it seeks to meet surging global demand for long-haul aircraft and maintain its......

OCP revenues climb to $5.45 billion in first half of 2025 as fertilizer demand surges

OCP Group, Morocco’s state-owned phosphate and fertilizer producer, recorded strong financial results in the first half of 2025, driven by higher export volumes, robust demand across key markets, and growth in customized fertilizer solutions. Revenues and profitability The Group posted revenues......

Xtract Resources secures Moroccan exploration licenses, reviving antimony mining potential

London-based diversified metals and minerals producer Xtract Resources Plc has acquired two exploration licenses in Morocco’s Khenifra province, signaling a strategic move to tap into the region’s mineral wealth. The licenses, purchased through its 80%-owned subsidiary Wildstone SARL for......

Anglo American and Teck merge in $53 billion copper deal to drive energy transition

Anglo American and Teck Resources have announced a landmark $53 billion merger to create one of the world’s largest copper producers, cementing Canada’s role as a global leader in critical minerals amid surging demand for metals driven by the energy transition. Formation of Anglo Teck and......

Gold hits record $3,516 as stocks tumble amid trade fears

The price of gold surged to an unprecedented $3,516 per ounce on Tuesday, propelled by mounting economic uncertainty that drove investors away from equities. The precious metal briefly hit $3,516.31 during Asian trading before settling near $3,508.50, marking a significant milestone in its continued......

Global demand for fertilizers boosts OCP Group’s profits in 2025

Morocco’s OCP Group, the world’s leading exporter of phosphates and fertilizers, has reported impressive financial growth for the second quarter of 2025, reflecting its pivotal role in global agriculture. Strong revenue growth OCP recorded revenues of MAD 30.57 billion (approximately $3......

Half a million Israelis demand Gaza ceasefire and hostage release in massive protests

Israel faced one of the largest demonstrations in its history as approximately 500,000 protesters rallied on Sunday, demanding a ceasefire in Gaza and the release of hostages. The protests, organized by the Hostages and Missing Families Forum, spread across the country, from Tel Aviv to Jerusalem, with......