Updates in Mining A Critical Minerals Stockpile (Project Vault) In partnership with the White House, the Export-Import Bank of the United States (EXIM) announced the launch of Project Vault, a $12 billion public-private initiative establishing the U.S. Strategic Critical Minerals Reserve to strengthen domestic supply …
Updates in Mining From Acid Mine Draining to Drinking Water Researchers at Heriot-Watt and the University of South Africa have successfully converted acid mine draining into drinking water, according to research presented at the International Mine Water Association (AMWA 2025) conference. Phys.org reports that in …
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 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 …
In a significant move to enhance national security and economic resilience, the Trump administration has initiated a comprehensive strategy to bolster domestic production of critical minerals. This initiative not only aims to reduce reliance on foreign sources but also presents substantial growth prospects for mining …
Updates in Mining A Jump in Chileโs Lithium Resources New research shows that Chile is home to even more lithium than initially thought, Reuters reports. The nationโs 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 firmโs findings, demand for critical minerals for use in clean energy technologies will almost triple in the next five years …
Updates in Mining Alumina Price Continues to Rise The price tag on alumina, the base material for aluminum production, went up more than 20% in the last month, causing a stir in the market, according to a Bloomberg-authored article on Mining.com. The price hike is …
Updates in Mining Chinaโs Rare Earths Hold Continues Chinaโs hold over rare earth minerals is presenting challenges to the United Statesโ hope to build a domestic supply chain, according to Mining Weekly. Despite billions of dollars in subsidies and loans geared toward domestic rare earth …