Author: omc_admin
At least 32 people have been killed in Pakistan in recent flash flooding caused by heavy rains, including a family of tourists who died after being swept away by flood waters while apparently awaiting rescue.Videos of the family stranded on a small piece of land as the raging Swat river in northern Pakistan swept them away were shared widely on social media, prompting anger towards the provincial government as eyewitnesses said the family waited helplessly for more than an hour.Flash floods and heavy rains have killed 32 people, including 16 children, in Pakistan in the past 36 hours; 13 were…
Authorities across Europe are on alert as the first heatwave of the summer pushes temperatures up to 42C (107.6F), as the fastest-warming continent continues to suffer the effects of the climate emergency.Spain’s state meteorological office, Aemet, issued a special heat warning on Friday, saying temperatures could reach 42C in some southern areas of the country over the coming days.“Very high and persistent temperatures are expected, both during the day and at night, which could pose a risk to exposed and/or vulnerable people,” Aemet said.Madrid’s health ministry also warned people to take extra care in the heat, reminding them to stay…
Aliko Dangote, Africa’s richest person, plans a stock listing for his Nigerian crude oil refinery by the end of next year to widen the company’s investor base. The billionaire also plans this year to list the group’s urea plant, which has a capacity to produce 2.8 million tons of the crop nutrient per annum, Dangote told the African Export-Import Bank’s annual general meeting in Nigeria’s capital, Abuja, on Friday. The oil facility can processes 650,000 barrels of crude a day, making it the continent’s biggest refinery. Nigeria’s downstream regulator and fuel marketers have accused Dangote of seeking to become a…
American Battery Technology Company (ABTC), an integrated critical battery materials provider, received a letter of interest from the Export-Import Bank of the United States (EXIM) for $900 million for its Nevada Lithium Project, which it expects will produce nearly 33,000 tons of lithium hydroxide annually.The LOI follows President Donald Trump’s executive order, “Immediate Measures to Increase American Mineral Production,” which directed federal agencies to expedite funding and support for domestic critical mineral manufacturing facilities. While the LOI does not constitute a commitment of financing, if secured, the financing will support the construction of its commercial-scale lithium mine and claystone-to-lithium hydroxide…
Global logistics provider Gebrüder Weiss has integrated two fully electric Fuso eCanter trucks into its Croatian fleet to decarbonise last-mile deliveries around Zagreb. It now has more than 50 vehicles with alternative drivetrains in its fleet. Each of the 8.55-tonne vehicles features a 129 kW electric motor paired with an L-battery pack, offering a range of up to 200 kilometres between charges. The trucks come with a standard cab, digital instrument cluster, and a 7-inch multimedia touchscreen display. Driver comfort is ensured year-round thanks to automatic air conditioning, a heated steering wheel, and a heated windscreen. For safety, both vehicles are…
Group14, a battery material manufacturer supported by Porsche, is offering insights into its silicon-dominated anode material SCC55. The US company is drawing on data collected from over 20 customers. The material is expected to open up new horizons, particularly in terms of charging cycles. Group14 Technologies has announced a major milestone for silicon battery technology, with its SCC55 material enabling battery manufacturers to achieve more than 1,500 charge cycles – and in some applications exceeding 3,000 cycles. The data was collected from over 20 customers worldwide using SCC55 across electric mobility and energy storage systems. “The data is clear: silicon…
Rock Tech Lithium and Ronbay Technology have signed a strategic MoU to establish an integrated battery materials supply chain in Europe. The deal includes lithium hydroxide supply from Rock Tech’s Guben Converter to Ronbay’s CAM plant in Poland. Under the agreement, Rock Tech will supply battery-grade lithium hydroxide from its Guben Converter in Germany to Ronbay’s European cathode production facilities, including its newly acquired plant in Konin, Poland. Ronbay is a CAM manufacturer headquartered in Ningbo, China. Among the well-known purchasers of CAM material in China is the battery manufacturer WeLion. It will provide technical resources and potential investment to…
Mark Zuckerberg is showing off wrist candy from his pricey watch collection in his everyday looks.After years of dressing in humble hoodies, the billionaire has beefed up his wardrobe with a custom gold chain and a collection of luxury watch brands. Zuckerberg, who Forbes estimates is worth nearly $250 billion, recently paired a basic T-shirt with a limited-edition watch. An iteration of the same model sold at auction for $254,000 in April, Sotheby’s said.Zuckerberg’s F.P. Journe Chronomètre Bleu Byblos is one of 99 of that model made in 2014 to celebrate the 10th anniversary of the watchmaker’s boutique in Beirut.…
Lexus has broken ground on its first wholly-owned EV factory in China. The Shanghai plant will produce up to 100,000 electric vehicles annually from 2027, marking Toyota’s push to accelerate electrification in the world’s largest EV market. The factory is located in the Jinshan district of southwest Shanghai and is expected to be completed in August 2026 before ramping up operations in 2027. According to local government announcements, the plant will have an annual production capacity of up to 100,000 vehicles and create an estimated 1,000 jobs during initial production. “Toyota aims to leverage the project to accelerate its transition…
Jeff Bezos’ superyacht, Koru, has attracted the interest of yachting industry insiders and celebrity watchers alike since it first set sail in 2023.The boat has hosted several events for the Amazon founder and his wife, Lauren Sánchez, including a foam party for Sánchez’s son Evan Whitesell’s birthday ahead of their June 2025 wedding in Venice, Italy.Named after the Māori word for “loop” or “coil,” the 417-foot-long vessel is one of the world’s largest sailing yachts and cost Bezos an estimated $500 million. (Still, at that price tag, it likely would not have made a sizable dent in Bezos’ net worth.)Bezos…