Deccan Gold enters strategic tungsten project in Spain

23 Dec 2025 CW Team

Deccan Gold Mines has announced a strategic investment in a tungsten exploration project at Logrosan in Spain, marking its entry into a European critical minerals asset with the option to increase its stake to up to 75 per cent prior to production.

The Logrosan project is an early-stage exploration asset located in a mineralised region known for tungsten, tin, rare earth elements and gold. Deccan Gold said ongoing exploration and drilling could enable the conversion of existing mineralisation into defined mineral resources over the next one to two years, subject to technical studies and regulatory approvals.

Spain is emerging as a strategic destination for critical minerals due to its supportive permitting framework, competitive operating costs, proximity to European industrial markets and the absence of production-based royalties. The investment aligns with Europe’s push to secure diversified supply chains for strategic raw materials.

Tungsten is globally classified as a critical mineral because of its applications in defence, aerospace, advanced manufacturing, cutting tools and electronics. With over 80 per cent of global supply dominated by China, demand for alternative sources has intensified.

Commenting on the development, Hanuma Prasad Modali, Managing Director, Deccan Gold Mines, said, “Our entry into the Logrosan Tungsten Project reflects Deccan Gold’s long-term vision of building a globally relevant portfolio in minerals that are critical to modern economies.”

Early exploration at Logrosan has delivered encouraging tungsten intersections alongside isolated high-grade gold mineralisation, while the broader region offers potential across associated gold and rare earth targets. Deccan Gold said its experience in gold exploration and resource evaluation is directly transferable to tungsten systems, supporting its expansion into critical minerals.

Infrastructure Urban

16 Jan 2026

Rosatom Delivers Nuclear Fuel for Kudankulam Unit 3

Rosatom has recently supplied nuclear fuel for the initial loading of the VVER-1000 reactor core at Unit 3 of the Kudankulam Nuclear Power Plant, marking a key milestone in the second stage of the Russian-designed nuclear power project in southern India.The fuel was supplied by Rosatom’s Nuclear Fuel Division, managed by TVEL, and manufactured at the Novosibirsk Chemical Concentrates Plant. The delivery includes the initial reactor load along with reserve fuel assemblies and is part of a long-term contract covering the entire operational life of Units 3 and 4.Building on operational experien..

CBL International Enables First LNG Bunkering at Xiaomo Port

CBL International recently completed the first-ever LNG bunkering operation at Xiaomo Port, supplying liquefied natural gas to vessels operated by BYD in support of its maritime decarbonisation strategy. The operation was facilitated through a physical supplier in collaboration with China National Offshore Oil Corporation (CNOOC), which supported the port’s inaugural LNG bunkering activity. The milestone represents a strategic expansion of CBL International's sustainable fuel offerings beyond biofuels, while also diversifying revenue streams. As global shipping intensifies efforts to cut em..

Aimtron, Aurassure Partner for IoT Weather Systems

Aimtron Electronics has recently entered into an OEM manufacturing engagement with Aurassure to produce new-age, IoT-enabled weather and environmental monitoring systems in India. The collaboration supports the growing demand for real-time environmental intelligence across urban, industrial and infrastructure applications. The engagement comes as global focus on climate-risk management and data-driven planning accelerates. The global weather monitoring systems market, valued at around USD 2.1 billion in 2024, is projected to reach nearly USD 4.8 billion by 2034, driven by the rapid adoption o..