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Gecamines threatens to intervene in sale of cobalt firm
Gecamines threatens to intervene in sale of cobalt firm
18th June 2024 By: Bloomberg

The Democratic Republic of Congo’s state miner said it will need to approve any acquisition of cobalt producer Chemaf Resources if the new owner wants to take over a key mining permit. Chemaf put... 


Tesla shareholders vote no on deep sea mining moratorium
18th June 2024 By: Bloomberg

Tesla Inc. investors agreed to Elon Musk’s $56-billion pay package on Thursday, but declined to agree to a moratorium on sourcing electric vehicle battery metals from deep sea ecosystems. Activist... 


Canada blocks Chinese rare earths deal in Trudeau-led crackdown
Canada blocks Chinese rare earths deal in Trudeau-led crackdown
18th June 2024 By: Bloomberg

Canada’s government will buy stockpiled rare earth materials from Vital Metals in a deal that prevents the company from selling its production to a Chinese buyer. The small Australian firm, which... 


Mali greenlights Leo’s exit from Goulamina lithium project
Mali greenlights Leo’s exit from Goulamina lithium project
14th June 2024 By: Creamer Media Reporter

ASX-listed Leo Lithium has received conditional approval from the Mali government for the sale of its remaining 40% stake in Mali Lithium BV (MLBV) to China’s Ganfeng, a critical step in the... 


REE explorer Resouro lists on ASX
REE explorer Resouro lists on ASX
14th June 2024 By: Mariaan Webb

Canada-based, Brazil-focused Resouro Strategic Minerals on Friday started trading on the ASX in Sydney, following a A$8-million public initial offering (IPO). Resouro raised the cash by issuing... 


Second Australian rare earths producer suffers cyber attack
Second Australian rare earths producer suffers cyber attack
14th June 2024 By: Bloomberg

Iluka Resources has become the second Australian rare earths miner to suffer a cyber attack in recent months, although the hackers weren’t able to penetrate its cybersecurity protections. The... 


NextSource inks $91m mandate letter to fund Madagascar graphite expansion
NextSource inks $91m mandate letter to fund Madagascar graphite expansion
13th June 2024 By: Mariaan Webb

Battery metals supplier NextSource Materials on Thursday announced the signing of a mandate letter with the International Finance Corporation (IFC) to fund the expansion of the Molo graphite mine,... 


Mining activity at Copper 360.
Copper 360 on home straight to produce quite a bit of cash, CEO reports
13th June 2024 By: Martin Creamer

Copper mining and marketing company Copper 360 is on the home straight to produce quite a bit of cash by financial year end. That was the main takeaway from Mining Weekly’s post-results Zoom... 


Environmental studies at Jadar, Serbia
Environmental studies show Serbian lithium project is safe, Rio says
13th June 2024 By: Reuters

Anglo-Australian miner Rio Tinto said on Thursday newly published environmental studies showed that its Serbia lithium project, which was stopped in 2022 after massive protests, would be safe for... 


Global nickel prices have probably hit a floor, says Macquarie
Global nickel prices have probably hit a floor, says Macquarie
13th June 2024 By: Reuters

Global nickel prices may have hit a floor, according to a Macquarie analyst who sees a market recovery driven by strong demand from the steel sector and as a surplus of ore supplies shrinks after... 


Brazilian Rare Earths raises A$80m in discounted offering
Brazilian Rare Earths raises A$80m in discounted offering
13th June 2024 By: Mariaan Webb

Exploration company Brazilian Rare Earths (BRE) has successfully raised A$80-million in a discounted A$3.30-a-share placement. The proceeds from the placement will be used to accelerate... 


Lithium Australia inks offtake deal with South Korean battery recycler
13th June 2024 By: Creamer Media Reporter

ASX-listed Lithium Australia on Thursday announced a three-year mixed-metal dust (MMD) offtake agreement with South Korean battery recycler SungEel HiTech. SungEel will purchase at least 60% of... 


AmaranthCX director Paul Miller.
Reserve Bank concern about decline of public markets welcome development – Miller
12th June 2024 By: Martin Creamer

The concern that South Africa’s Reserve Bank expressed last week on the state of this country’s public markets is seen as a welcome development by AmaranthCX director and public market promoter... 


Nodules being inspected
TMC produces cobalt sulphate from seafloor polymetallic nodules
12th June 2024 By: Creamer Media Reporter

Nasdaq-listed critical minerals company TMC on Wednesday announced the successful production of cobalt sulphate derived exclusively from seafloor polymetallic nodules. The milestone was achieved... 


Australian Treasurer Jim Chalmers
Australia ‘not naive’ on China as Li visit looms, Chalmers says
12th June 2024 By: Bloomberg

Australia is realistic about the challenges in its diplomatic relationship with Beijing, Treasurer Jim Chalmers said, as the country prepares for the first visit by a Chinese Premier in more than... 


Development of rare earth-free permanent magnets.
Artificial intelligence used to eliminate need for rare earths in permanent magnets
11th June 2024 By: Martin Creamer

Discovering new materials has historically been slow. Now artificial intelligence (AI) is making it possible to discover a material entirely computationally and have that verified experimentally.... 


Copper 360 CEO Jan Nelson.
South Africa’s quickly advancing Copper 360 is guiding sharp 2025 revenue rise
11th June 2024 By: Martin Creamer

The revenue of South Africa’s quickly advancing Northern Cape copper mining company Copper 360, the only pure copper play on the Johannesburg Stock Exchange, is forecast by the company to have... 


Canadian govt invests C$10m in Ontario critical mineral projects
11th June 2024 By: Mariaan Webb

Energy and Natural Resources Minister Jonathan Wilkinson on Monday announced two investments of C$5-million each to support the critical minerals sector in Canada, specifically in northern... 


The White Mesa mill
Energy Fuels achieves commercial production of separated rare earths at White Mesa
11th June 2024 By: Mariaan Webb

Uranium and rare earths elements (REEs) producer Energy Fuels has begun commercial production of separated neodymium-praseodymium (NdPr) at its White Mesa mill, in Utah. This marks a milestone,... 


Energy and Natural Resources Minister Jonathan Wilkinson
Canada expands critical minerals list to 34
11th June 2024 By: Mariaan Webb

Energy and Natural Resources Minister Jonathan Wilkinson on Monday announced an expansion of Canada’s critical minerals list, adding high-purity iron, phosphorus, and silicon metal to the... 


Critical Metals to buy controlling stake in Greenland REE mine
Critical Metals to buy controlling stake in Greenland REE mine
10th June 2024 By: Creamer Media Reporter

Nasdaq-listed Critical Metals has signed a binding heads of agreement to acquire a controlling interest in the Tanbreez rare earth mine, in Greenland, from a company controlled by geologist Gregory... 


TotalEnergies, Air Products hydrogen deal uplifts platinum demand outlook still further
TotalEnergies, Air Products hydrogen deal uplifts platinum demand outlook still further
10th June 2024 By: Martin Creamer

A 15-year agreement involving the supply of an initial 70 000 t of green hydrogen a year has been signed by TotalEnergies and Air Products. TotalEnergies, which is active in some 120 countries and... 


Minerals Council South Africa CEO Mzila Mthenjane
Minerals Council calls for collaborative relationship among govt, labour, civil society and the private sector
10th June 2024 By: Creamer Media Reporter

As political parties discuss the way forward in establishing a government of national unity, the Minerals Council South Africa says it and its members are advocating for a constructive,... 


Speedier, greener lithium may be nine years away, Codelco says
Speedier, greener lithium may be nine years away, Codelco says
10th June 2024 By: Bloomberg

Codelco, the copper giant that’s about to become a major lithium player, delivered some cautious guidance on the timing of a cleaner, faster way to extract the battery metal in northern Chile. A... 


South Africa pioneered hydrogen haul truck.
World Hydrogen alerted to benefit of South Africa’s zero-emission hydrogen haul truck
7th June 2024 By: Martin Creamer

One hydrogen haul truck eliminates the deleterious carbon emissions of the equivalent of 700 cars, First Mode global hydrogen sourcing director James Betts highlighted during this week’s World... 


Walkabout ships first graphite from Tanzania mine
Walkabout ships first graphite from Tanzania mine
7th June 2024 By: Mariaan Webb

Australia-listed Walkabout has produced and shipped its first consignment of on-specification graphite concentrate from the Lindi Jumbo graphite mine, in Tanzania. The shipment is destined for... 


Member of the European Parliament Hildegard Bentele
Greater investment needed to ensure the success of Europe's CRMA
6th June 2024 By: Chanel de Bruyn

Greater investment in both technology and skills is needed in Europe to ensure the successful implementation of the Critical Raw Materials Act (CRMA), Member of the European Parliament Hildegard... 


Chinese rare earths investor fails to win seat on Australia's Northern Minerals board
Chinese rare earths investor fails to win seat on Australia's Northern Minerals board
6th June 2024 By: Reuters

A Chinese mining investor has failed in a bid to join Australian rare earths mining company Northern Minerals' board on Thursday, days after Australia's Treasurer ordered the investor's private... 


Federation of German Industries executive board member Wolfgang Niedermark
European countries urged to continue investing in mining
6th June 2024 By: Chanel de Bruyn

Europe is at risk of losing important sources of raw materials, because it is phasing out mining rather than investing in more mines, Federation of German Industries executive board member Wolfgang... 


A wind turbine and a fossil fuel-powered plant
Investment in clean energy to reach $2tr this year, outpacing investment in fossil fuels
6th June 2024 By: Bloomberg

Investment in clean energy technologies will climb to $2-trillion this year, almost double the amount spent on fossil fuels, according to the International Energy Agency (IEA). Two-thirds of the... 


Chilean regulator aims for quick decision on Tianqi-SQM dispute
6th June 2024 By: Reuters

Chile's financial regulator said on Wednesday it is aiming to respond as quickly as possible to a complaint from China's Tianqi Lithium over a planned lithium partnership between miner SQM and... 


PGM-linked hydrogen peroxide generator.
Platinum group metal poised to help protect world from growing water pollution threat
5th June 2024 By: Martin Creamer

Platinum group metal (PGM) is once again coming to the fore as a mineral resource that goes the extra mile in protecting a threatened global environment. The latest indispensable commodity that is... 


Bravura expects to begin Zimbabwe lithium production in 2025
5th June 2024 By: Bloomberg

Bravura Holdings – a firm owned by Nigerian tycoon Benedict Peters – plans to start production at a Zimbabwean lithium project early next year, a company official said. The miner remains committed... 


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