Nouveau Monde raises $297M as Italy’s Eni takes stake
Nouveau Monde Graphite (NYSE: NMG; TSX: NOU) is raising $297 million (C$413 million) in a transaction that will see Italian energy giant Eni buy a 12% stake to help the Canadian…
Battery metals
Rock Tech Lithium attracts $200M investment in Ontario processing plant
Canadian property developer BMI Group agreed to invest $200 million (US$144 million) in Rock Tech Lithium’s (TSX-V: RCK) proposed processing facility in northern Ontario – a key step toward building…
BC to suspend parts of Indigenous rights law
British Columbia Premier David Eby is proposing a temporary suspension of parts of landmark Indigenous rights law after a court ruling found B.C.’s mineral claims system conflicts with it. The…
Chile lithium dispute tied to Cold War-era nukes
France’s Eramet (Euronext: ERA) and Chile’s state mining company Empresa Nacional de Minería (ENAMI) are headed to court in a dispute that could delay development of one of the world’s…
Moonshot puts global metals scramble on display
Artemis II is set to lift off tomorrow, spotlighting the geopolitical race for the metals behind modern spaceflight. The flight around the Moon, without landing, will carry astronauts aboard the…
US agency to buy 20% stake in graphite miner Syrah
The United States International Development Finance Corp. (DFC) plans a strategic investment in Australia’s Syrah Resources (ASX: SYR), which owns Louisiana’s Vidalia active anode material facility and Mozambique’s Balama graphite…
Video at PDAC: Antimony eyes Bald Hill first resource
Antimony Resources (CSE: ATMY; US-OTC: ATMYF) has started work on an initial resource this year at Bald Hill in southern New Brunswick, CEO James Atkinson said. The Vancouver-based company has…
Albemarle starts $3.1B Chile DLE permit process
U.S. lithium producer Albemarle (NYSE: ALB) has started the environmental review for a $3.1 billion (C$4.3 billion) lithium project in Chile that will deploy Direct Lithium Extraction (DLE) technology to…
U.S. joins $1T mineral security consortium
The United States plans to commit $250 million towards a new investment vehicle aimed at securing critical mineral and energy supply chains, as Washington steps up efforts to counter geopolitical…
‘Critical minerals corridor’ seen linking mines, markets
Canadian property developer BMI Group says the clutch of industrial buildings it’s amassed in Ontario and Quebec could help strengthen Canada’s role in the battery supply chain by linking mines…
Atlantic Lithium wins key Ghana approval for mine
Australia’s Atlantic Lithium (ASX: A11) has secured Ghanaian parliamentary approval to develop the Ewoyaa project, the country’s first lithium mine, under revised royalty terms tied to market prices. The ratified…
Ontario funds up to $215K per early-stage project
Ontario is backing 68 early-stage exploration projects in new awards under a government funding program. The financing, delivered through the Ontario Junior Exploration Program (OJEP), will cover up to half…