In a show of unmitigated unity and firm belief in their vision, Resolute Mining, a distinguished member of the FTSE 250, has seen all its resolutions pass at the recent Annual General Meeting (AGM) held in the luxe settings of Flame Tree Boardroom, Liberty Westralia Square 2, Perth, Western Australia. This robust demonstration of corporate alignment and approval of the management’s strategic direction bears testimony to the solid trust that shareholders place in the company’s leadership.
In line with Listing Rule 3.13.2 and Section 251AA (2) of the Corporations Act, the outcomes of all resolutions along with proxies received were meticulously recorded, further strengthening the operational transparency of the company. Specifics of the resolution outcomes and proxy details are found in the attached proxy summary.
In a significant step in the fight against climate change, TotalEnergies, a prominent global energy company, has teamed up with HitecVision, a top Norwegian investment company specializing in energy. The objective? To acquire a 50% stake of Polska Grupa Biogazowa (PGB) for a striking €190 million.
With a productive capacity of over 450 GWh of equivalent biomethane across its 20 operational units, PGB leads the pack in Poland’s biogas sector. TotalEnergies took over the firm in 2023 that was initially founded back in 2007. The company presently oversees biogas units that manufacture electricity and heat through cogeneration (CHP).
PGB is currently amid constructing two plants in Poland and plans to broaden its horizons by venturing into biomethane production. The desire is to ramp up its equivalent biomethane production capacity to an impressive 2 TWh by 2030.