Updates in Mining Productivity Mega Deduction Makes Canadian Mining More Attractive The Government of Canada has announced the Productivity Mega Deduction, a move that could see the northern nation become the most competitive mining tax jurisdiction the world has ever seen, according to the Mining …
Updates in Mining Restrictions on Black Mass and Tungsten Scrap U.S. tungsten and battery scrap exports will be restricted per a new rule by the U.S. Bureau of Industry and Security, according to Resource Recycling, Inc. The temporary final rule, issued under the Defense Production …
Updates in Mining DOE Funding Projects Recovering Rare Earths from Coal Products The U.S. Department of Energy (DOE) has awarded $75 million to five projects that will advance the recovery of critical minerals, including rare earths, from the nationโs coal resources. The move is part …
Updates in Mining DOE to Fund Coal Upgrades & New Infrastructure The Trump Administration is looking to revitalize the nationโs coal industry by invoking the Defense Production Act to fund nearly $500 million in upgrades and new plant builds. The Department of Energy (DOE) has …
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, …