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Tag: United States

Devon and Coterra merger creates shale major

Devon Energy has signed a definitive merger agreement with Coterra Energy. The companies say that the combination will create a leading shale operator with a high-quality asset base anchored by a premier position in the economic core of the Delaware Basin. The combined company will be named Devon Energy and will be headquartered in Houston while maintaining a significant presence in Oklahoma City. The companies say that they have identified $1 billion in annual pre-tax synergies which, together with technology-driven capital efficiency gains and optimised capital allocation will drive near and long-term per share growth.

Florence Copper project begins operations

Taseko Mines’ Florence Copper project, featuring Metso’s copper solvent extraction and electrowinning (SX-EW) technology, is ramping up its commercial operations in Arizona. The successful harvesting of the first copper cathodes at the end of February 2026 is an important milestone for Taseko Mines and Metso, marking the first new greenfield copper production in the United States since 2008. The project caters to the rapidly growing copper demand while supporting the transition towards more environmentally responsible copper production in North America.

Mixed smelter for Tennessee

Korea Zinc says it will partner with the US government to construct a critical minerals smelter in Clarksville, Tennessee, producing zinc, lead, and copper. Korea Zinc will begin site preparation next year, followed by phased commercial operations from 2029. The plant is planned to process around 1.0 million t/a of raw materials and turn out 540,000 st/a of finished products. Processing of gold, silver, and key strategic minerals such as antimony, indium, bismuth, tellurium, cadmium, palladium, gallium and germanium, are also planned in what is being touted as a "state-of-the-art" facility. Sulphuric acid and semiconductor-grade sulphuric acid will also be produced. The output will include 300,000 t/a of zinc production, 200,000 t/a of lead, 35,000 t/a of copper and 5,100 t/a of rare and strategic metals. Development will be through Korea Zinc’s US subsidiary, Crucible Metals.

Woodside Beaumont produces first ammonia

Woodside Energy says that its Beaumont New Ammonia (BNA) facility in southeast Texas has begun production of ammonia following the completion of systems testing, representing the first phase of operations commissioning of the facility. Commercial production of ammonia from BNA is expected to begin following the handover to Woodside Energy from OCI Global in early 2026. Production of lower-carbon ‘blue’ ammonia is targeted to start in the second half of 2026. Woodside says it has also finalised agreements with leading global customers to supply significant volumes of conventional ammonia from the BNA facility. Deliveries will commence in 2026 and continue through year-end, under contracts that reflect prevailing market prices. Additional agreements are being advanced to align with expected BNA output, including for lower-carbon ammonia.

Synthetic natural gas project for Nebraska

A consortium consisting of TotalEnergies, Osaka Gas, Toho Gas, and ITOCHU have signed a joint development and operating agreement, granting the Japanese companies a combined 33.3% stake in the Live Oak project – a large-scale facility to produce renewable synthetic natural gas, also referred to as e-NG or e-methane, initiated by TES and TotalEnergies and currently under development in Nebraska. Following the agreement, TES and TotalEnergies will each maintain a 33.35 % stake in the project.

Travertine starts operation of demonstration plant

Travertine Technologies, Inc., has began operations at its demonstration plant in New York state. The core Travertine process demonstrated at this plant combines three major unit operations: salt-splitting electrolysis, caustic direct air capture, and mineralisation. This process produces sulphuric acid, calcium carbonate, and green hydrogen from waste gypsum and carbon dioxide captured directly from the air. The demonstration plant will produce 125 t/a of sulfuric acid, 125 t/a of calcium carbonate, and 55 t/a of carbon dioxide sequestration. The plant will supply sustainable sulphuric acid for local partner Sabin Metal Corporation's precious metals recycling and refining business.