[South African Ports Authority plans to invest$570 million in port infrastructure] South Africa's Transnet National Port Authority plans to invest around $566 million over the next seven years in various infrastructure facilities in East London, Port Elizabeth and Ngula. Ports of Nelson Mandela, Elizabeth and Ngula will receive $299 million in investment, while East London will receive the remaining approximately $268 million. The first investment of around R570 million will take place in the 2022/2023 financial year. TNPA's latest investment plan aims to realign South African port operator Transnet with other key economic sectors. Editor/Xing Wentao
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  • 2026.03.26 18:07
  • [Dazhong Mining and Wanhua jointly build lithium salt project]
  • On March 23, 2026, Dazhong Mining announced that it had signed an investment agreement with the Meishan High tech Industrial Park Management Committee and Wanhua Chemical (Sichuan) Battery Material Technology Co., Ltd. to cooperate in the construction of a lithium salt project with an annual output of 200000 tons in Meishan, Sichuan. According to the agreement, Dazhong Mining will also establish a joint venture subsidiary with Wanhua Battery Materials Company to jointly promote the construction of the first phase of the project.Editor/Yang Meiling
  • 2026.03.26 18:05
  • [Hebei Longyao large-scale energy storage project begins construction]
  • On March 20, 2026, the EPC general contracting candidate for the second phase of the Guoshun New Independent Energy Storage Demonstration Project in Longyao County was publicly announced. The expansion scale of the project is 200MW/800MWh, and the unit price range of the three shortlisted bidding consortia is approximately 0.7055 to 0.7067 yuan/watt hour. The final plan for the energy storage demonstration project is 300MW/1000MWh, and the first phase of 100MW/200MWh has been completed. The energy storage units of the second phase project will be centrally arranged, and the power will be connected to existing facilities after being boosted. The project also plans to expand a 220MVA main transformer in the first phase of the substation to meet the access requirements.Editor/Yang Meiling
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