03 July 2025

US: Terra CO2 (Terra) has raised US$124.5m in series B equity funding, with co-leads Breakthrough Energy Ventures, Eagle Materials, GenZero and Just Climate, the round included investment from Barclays Climate Ventures. Additional strategic investors to join the round include Cemex and Siemens subsidiary Siemens Financial Services.

The capital will support the construction of Terra’s first 240,000t/yr advanced-processing facility in Dallas Fort Worth, expansion of its team and sites, and development of further commercial-scale cementitious projects.

CEO Bill Yearsley said “Terra's mandate is to deliver cementitious material solutions that the market would purchase solely based on cost and performance, even if there was no carbon benefit. The fact that Terra's cementitious materials also offer significant carbon mitigation is an additional advantage for the built environment.”

Terra produces supplementary cementitious materials as an alternative to traditional Portland cement, from resources like fly ash. Its second product, Opus Zero, is currently in the testing phase and would serve as a complete replacement for Portland cement.

France: Hoffmann Green Cement Technologies has reported a 250% rise in production volumes to 19,640t in the first half of 2025, compared to 7833t in the first half of 2024. The result also exceeded the company’s total 2024 output of 16,269t. The company supplied its products to more than 130 construction sites across France during the period. It said that the result was primarily driven by a ‘strengthened partnership’ network and the successful diversification of targeted markets.

Zimbabwe: The Centre for Natural Resource Governance (CNRG) has called on the Ministry of Mines and Mining Development to suspend operations on a US$1bn cement project in Magunje, Mashonaland West, citing ‘a spiralling crisis’ of human rights abuses, forced displacements and environmental harm, according to Pindula News. The project is led by Labenmon Investments, in partnership with China-based West International Holding. It is expected to produce 0.9Mt/yr of cement and 1.8Mt/yr of clinker. The project will reportedly create 5000 jobs and spur local development, but CNRG has raised concerns on behalf of local communities.

There have been reports that communities have been forcefully removed from their ancestral lands and graves of relatives ‘desecrated’ in the wake of mining developments. The group also raised concerns about alleged ‘fraudulent consultations,’ with legally required village meetings bypassed and affected communities excluded from decision-making processes. The newspaper also reported that eight villagers from Kapere were arrested for standing up to the mining project and continue to be summoned to the court despite the complainants failing to appear. CNRG staff members also reportedly faced threats from the Zimbabwe National Army while conducting an inspection in Kemapondo village.

There are also reports of the local Magunje Dam being polluted by the cement plant and of fires sparked during land clearing exercises, which have razed farmlands. There are also concerns of labour violations, with employees allegedly working in dangerous conditions, below the minimum wage and without formal contracts. The Zimbabwe Diamond and Allied Minerals Workers Union has escalated the matter to the Labour Court.

Mali: Three Indian nationals working at the Diamond Cement plant in Kayes were kidnapped after armed assailants carried out a coordinated attack on the facility on 1 July 2025. The Ministry of External Affairs (MEA) said that the incident was part of a broader wave of violence targeting multiple military and government sites across western and central Mali.

India’s embassy in the capital city of Bamako is reportedly coordinating with local authorities, law enforcement and plant management, and is in contact with the families of the victims. The MEA condemned the attack as a ‘deplorable act of violence’ and called on Malian authorities to ensure the hostages’ safe and swift release. It also urged Indian citizens in Mali to remain vigilant and exercise extreme caution.Top of Form

Myanmar: The Ministry of Social Welfare, Relief and Resettlement will distribute more than US$250,000-worth of cement, funded by the National Disaster Management Committee, to repair homes damaged by the 28 March 2025 earthquake, according to Eleven Myanmar news. The earthquake affected 54 townships in eight regions and states.

At a meeting of the Myanmar Cement Manufacturers Association, its chair said that it would coordinate with local plants to produce and distribute cement, and hold market fairs in Nay Pyi Taw and Mandalay to ensure supply to the general public. The Union Minister added that assistance would be given to damaged plants, specifically in obtaining spare parts and raw materials.