Abu Dhabi conglomerate IHC's change in strategy (in purchasing mining concessions as opposed to funding established operators in exchange for securing future raw materials) is supposedly tied-in to its plans to employ greener resources (such as solar power) in the development of its mining projects.
In a world shifting to cleaner energy, however, it may also signal an appreciation of the importance of guaranteeing access to minerals such as lithium, copper and iron ore that shall be critical to that transition.
In going green they may well strike gold.
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The Abu Dhabi group’s foray into the mining industry comes as BHP’s £34bn approach for rival Anglo American highlights the race to secure access to minerals such as copper, iron ore and lithium that are critical to the transition to cleaner energy.
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Hassans advises DA Global on obtaining DLT Provider authorisation from the GFSC.
Hassans is pleased to announce that it has advised DA Global Limited (“DA Global”), a subsidiary of ARQ Group, on obtaining a Part 7...
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