Blackstone Minerals signed a memorandum of understanding with Limes Renewables Energy to explore the supply of wind renewable energy to its Ta Khoa Project through a direct power purchase agreement.

Son La Province in Vietnam, where the project is based, holds substantial wind and hydroelectric power potential.

Collaborative efforts between the companies will focus on securing DPPAs, assisting with permitting and licensing, and optimising renewable energy use.

The partnership signifies Blackstone's commitment to reducing its carbon footprint and meeting the rising global demand for eco-friendly battery materials.