Rio Tinto grabs stake in graphite-focused Sovereign Metals
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) agreed on Monday to buy a 15% stake in Australia’s Sovereign Metals (LSE: SVML; ASX: SVM) for A$40.4 million (US$27.6 million), becoming a…
Battery metals
Video: Geopolitics and the mining industry – how to navigate polarization
During the recent The Mining Investment Event in Quebec City, Que., a panel on geopolitics shared advice with miners on navigating the increasingly polarized global geopolitics and the accompanying opportunities…
Savannah Resources raises $10M for Europe’s biggest lithium project
Savannah Resources (AIM: SAV) said on Friday it had raised £6.1 million ($10.4 million) through equity, which allows it to move forward with its Barroso lithium project in Portugal, slated…
Carbon credits and mining: Paving the way for net-zero goals and sustainable strategies
As miners grapple with how they’ll meet their future net-zero commitments, carbon credits are likely to be part of the answer. The dual benefits of embracing carbon credits are compelling…
Video: How the U.S. orchestrates a ‘whole-of-government’ approach to critical minerals production
A recent industry event in Quebec heard how the United States government is using a ‘whole-of-government’ approach to establish a critical minerals supply chain that cuts out dominant player China….
Study highlights deep-sea mining impact on tuna as ISA preps first rules for nascent sector
Extracting minerals from the ocean floor would negatively impact the tuna industry as the fish is expected to migrate habitat towards areas of the Pacific Ocean currently slated for deep-sea mining…
SQM grows Aussie footprint with Tambourah earn-in deal
Chile’s SQM (NYSE: SQM), the world’s second-largest lithium producer, has inked an earn-in agreement with Tambourah Metals (ASX: TMB) covering the Australian explorer’s Julimar North project in Western Australia Under the…
Australian lithium M&A heats up with Develop Global’s bid for Essential Metals
Australian base metals explorer Develop Global (ASX: DVP) is buying coveted fellow lithium developer Essential Metals (ASX: ESS) in a share-based deal worth about US$102 million (A$152.6 million). The buyer, a…
Pentagon ordered to probe undersea mining to counter China’s battery metal dominance
The Metals Company (Nasdaq: TMC), a mineral explorer of the Pacific Ocean floor, is welcoming United States Congressional efforts to elevate contentious undersea mining to help achieve battery metal independence…
Northern Graphite’s Quebec processor to feed battery plants eager to skirt China
Northern Graphite (TSXV: NGC; US-OTC: NGPHF) plans to build a half-billion-dollar plant in Quebec processing battery materials from its own mining projects and others. The Ottawa-based company intends to buy a…
Stelar Metals secures 90% stake in Trident lithium project
Critical minerals explorer Stelar Metals (ASX: SLB) has completed the acquisition of mining tenements in New South Wales, Australia, which include the Trident Lithium project. The deal with the state…
Mining the moon to lift off within 10 years, says NASA
The United States’ space agency (NASA) is looking to operate a pilot processing plant for lunar resources by 2032, as part of its planned Artemis missions that will also take…