Updates in Mining BHP & Rio Tinto Collaborate on Tailings Mining majors BHP and Rio Tinto have joined forces to form a Tailings Management Consortium (TMC) aimed at improving sustainable management of the mine waste. The miners hope to reduce the safety and environmental challenges …
Updates in Mining New Merger Looking to Advance Deep Sea Mining American Ocean Minerals Corporation (AOMC) and Odyssey Marine Exploration have announced a merger, according to Mining Weekly. The convergence will see the creation of a major US-controlled entity aimed at deep-sea mining and exploration. …
The growing need for a secure domestic supply chain of rare earth elements (REEs) has the U.S. exploring non-traditional sources of the material. With aggressive funding and incentives in place, the nationโs demand for rare earths could soon be satiated, at least in part, by …
Updates in Mining DOE Puts More Funding Toward Critical Minerals The U.S. Department of Energy (DOE) has announced a Notice of Funding Opportunity (NOFO) for up to $500 million in an effort to expand domestic critical mineral and materials processing, as well as battery manufacturing …
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 S&P Global Warns of Copper Deficit A new report from S&P Global finds that global demand for copper will increase 50% by 2040, driven by several factors, including the energy transition, economic demand, artificial intelligence (AI), and defense modernization. Without substantial investment, …
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 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: โWe 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 …