Exxaro diversifies with $640M in manganese mines
South African coal miner Exxaro Resources (JSE: EXX) has struck a 11.7-billion rand (US$640 million) deal to acquire controlling stakes in two key manganese mines, marking a major step in…
manganese
The Metals Co. to raise $37M for underwater mining
Undersea critical minerals explorer The Metals Company (Nasdaq: TMC) has lined up C$51.75 million ($37 million) for seabed exploration. Shares rose. Led by Hess Capital chief investment officer Michael Hess…
South32’s fast-tracked Hermosa goes before public
South32’s (ASX: S32) proposed zinc-manganese Hermosa mine in Arizona reached a permitting milestone on Friday following the release of its draft environmental impact statement by the U.S. Forest Service. Hermosa…
TMC files for deep sea mining licences under US law
The Metals Company (Nasdaq: TMC) has filed applications for a commercial recovery permit and two exploration licences under the U.S. seabed mining code, a major step in its pursuit of deep-sea…
Trump moves to fast-track deep-sea mining push
United States President Donald Trump on Thursday signed an executive order on deep-sea mining that aims to pave the way for offshore resource extraction and cut the country’s critical minerals…
Trump eyes seabed minerals to rival China: FT
U.S. President Donald Trump is in the process of drafting an executive order that would enable America to stockpile the wealth of critical minerals found on the Pacific Ocean seabed,…
Batteries enter high demand, low price phase: IEA
The global battery market is entering a new stage as demand continues to rise while prices of raw materials decline, the International Energy Agency says in a report on the…
Deep-sea mining scars last decades, but life returns
A new study led by Britain’s National Oceanography Centre (NOC) has revealed that the effects of a deep-sea mining experiment in the Pacific Ocean more than four decades ago are…
Trump keen to build metals plants on US bases: Reuters
U.S. President Donald Trump is looking to build metals refining facilities on military bases in a bid to increase domestic production of critical minerals, Reuters reported, citing two unidentified senior…
Video: China fuels EV battery boom as per-unit capacity nears peak, Adamas says
Electric vehicle battery capacity could hit a record one terawatt-hour this year, according to Frik Els, a battery metals expert at Adamas Intelligence. Analysts expect China to use 60% of…
PDAC: Seafloor mining balances pros and cons
Commercial production of undersea mining could become a reality in less than five years, but at a potentially high cost to seafloor ecosystems, panellists told the Prospectors & Developers Association…
TMC shares surge on high-grade alloy production
The Metals Company (Nasdaq: TMC) shares jumped 27% on Wednesday after it announced the successful production of high-grade nickel-copper-cobalt alloy and manganese silicate during a smelting campaign in Japan. The…