Updates in Mining Canada Unlocks Investments in Critical Minerals The Canadian Government, alongside G7 and industry partners, has announced the first round of strategic projects under the new Critical Minerals Production Alliance to accelerate secure, high-standard critical mineral supply chains. The initiative includes 26 investments …
Updates in Mining Cleveland-Cliffs Assessing Rare Earth Production Steel producer Cleveland-Cliffs has announced the company could potentially enter the rare earths market. President and CEO, Lourenco Gonclaves commented on the topic in a recent statement: “We have looked at all of our ore bodies and …
Updates in Mining Uranium Demand to Surge A new report from the World Nuclear Association says demand for uranium used in nuclear reactors could surge by nearly 30% by 2030. According to Reuters, the report notes that given that new mines can take anywhere from …
Updates in Mining More Funding Aimed at Critical Minerals The U.S. Department of Energy (DOE) announced it intends to issue notices of funding opportunities (NOFO) to support the development and expansion of mining, processing, and manufacturing technologies across all points of the critical minerals supply …
Updates in Mining Copper Prices Plunge Copper prices are down 17% on the back of tariff announcements from U.S. President Donald Trump. A 50% tariff kicked in August 1st, applying to pipes, tubes, various semi-finished copper products, as well as products in which copper is …
Updates in Mining EU Announces 13 New Projects to Reduce Import Reliance As part of their effort to reduce reliance on critical mineral imports, particularly from China, the European Union has announced the addition of 13 new projects to their list of strategic initiatives, bringing …
Updates in Mining The U.S.-Ukraine Minerals Deal The U.S. and Ukraine have agreed to establish a reconstruction and investment fund that grants the U.S. access to Ukraine’s critical mineral and natural resource reserves, according to a White House Fact Sheet. The deal affirms the nation’s …
Updates in Mining A Jump in Chile’s Lithium Resources New research shows that Chile is home to even more lithium than initially thought, Reuters reports. The nation’s lithium resources contain 28% more lithium, with significant increases in the La Isla and Aguilar salt flats. Previous …
Updates in Mining U.S. Prioritizes Domestic Mining With Emergency Powers President Trump has called on cold war-era legislation to move the U.S. away from reliance on critical mineral imports, the BBC reports. The executive order calls on government agencies to prioritize domestic mining projects in …
Updates in Mining Report: Critical Minerals Demand to Quadruple by 2040 Accounting and professional services firm, BDO, released their Annual Mining Report. According to the firm’s findings, demand for critical minerals for use in clean energy technologies will almost triple in the next five years …