【SMM Flash News】Indonesia to Accelerate B50 Biodiesel Implementation in 2026

European Energy has completed the sale of its Jonava renewable energy project in Lithuania to Energix – Renewable Energies. The massive hybrid development features a planned capacity of 470 MW, integrating 140 MW of onshore wind, 330 MWp of solar PV, and 320 MWh of energy storage. Construction is slated to begin shortly with full commercial operations targeted for 2027. This divestment highlights the company’s "develop-and-flip" model, successfully de-risking large-scale, grid-stable assets to recycle capital into its global pipeline of wind and solar projects.

The Metals Company (Nasdaq: TMC) reported a widened annual net loss of $319.8 million for 2025, driven by increased royalty liabilities and administrative costs. Despite the financial results, CEO Gerard Barron expressed confidence in the company's pathway to production, citing strengthened U.S. policy support and progress on a domestic polymetallic nodule processing hub. TMC ended 2026 Q1 with a projected liquidity of $154 million, as it continues to advance feasibility studies and regulatory permitting for its deep-sea mining projects in the Pacific Ocean.

Vale (NYSE: VALE) has announced a strategic goal to expand its copper and nickel reserves and resources in Canada and Brazil by 20% between 2024 and 2027. Following a strong 2025 performance, Vale reported that its total nickel reserves and resources rose 13% to 14 million tonnes, while copper increased 6% to 53 million tonnes. CEO Gustavo Pimenta highlighted that these organic growth pipelines are critical to the company’s decade-long plan to double copper output, positioning Vale to meet surging global demand from electrification and data infrastructure.