Google signed a 20-year power purchase agreement underwriting 890 MW of nuclear uprates at 11 Constellation units in PJM, plus a 15-year, 2,700 MW supply deal.
Lynas to Acquire Meteoric Resources in A$968 Million All-Share Deal
Lynas Rare Earths has agreed to acquire Meteoric Resources through an all-share scheme of arrangement with an implied equity value of A$968 million. If implemented, the deal would add the Caldeira ionic clay rare earth project in Brazil to Lynas’ Australian and Malaysian operations.
Constellation, Amazon Sign 20-Year Calvert Cliffs Nuclear PPA
Constellation and Amazon signed a 20-year agreement for 690 MW from Maryland’s Calvert Cliffs nuclear plant, backing a 190 MW uprate and $3 billion investment.
Ivanhoe Electric’s Santa Cruz PFS Puts Initial Capital at $1.43 Billion
Ivanhoe Electric’s 2026 preliminary feasibility study for Santa Cruz in Arizona puts initial capital at $1.43 billion and replaces twin roadheader declines with a single tunnel boring machine decline, with first cathode targeted for 2029.
Aecon Teams Awarded C$3 Billion of Pickering Refurbishment Contracts
Ontario Power Generation awarded Aecon’s AtkinsRéalis joint venture and Siemens Energy consortium C$3 billion of Pickering refurbishment contracts, C$1.75 billion of it Aecon’s share.
Liontown Farms Into Centenario Lithium Brine Project in Argentina
Liontown has signed a binding farm-in with NEXT Lithium Corp. to earn up to 100% of the Centenario lithium brine project in Salta, Argentina, for US$40 million of spend and up to US$140 million in milestones.
Fervo Energy Signs 396 MW Geothermal PPA With Google
Fervo Energy has signed a 396 MW, 15-year power purchase agreement with Google covering the Cape Station GeoCluster in southwest Utah, with the investor presentation reporting 1,054 MW of binding PPAs and about $11.9 billion of contracted revenue.
Standard Lithium’s Smackover JV Signs 10-Year LG Energy Solution Offtake
Smackover Lithium, the Standard Lithium and Equinor partnership, signed a binding take-or-pay agreement to supply LG Energy Solution 8,000 tonnes a year of battery-quality lithium carbonate for 10 years from the South West Arkansas Project.
Boliden Agrees to Acquire 64.7% of Nexa Resources in $1.31 Billion All-Share Deal
Boliden will issue 21.4 million shares to Votorantim for a 64.68% stake in Nexa Resources, creating a top-three global zinc miner and smelter, with closing expected in Q1 2027.
Lithium Ionic Completes US$37.5 Million Salinas Sale to PLS
Lithium Ionic has closed the US$37.5 million sale of its Salinas lithium properties to PLS, taking US$30 million in cash at closing and keeping a 2.0% spodumene royalty on Baixa Grande.