Rinehart’s $1B SpaceX bet targets mining beyond Earth
Australia’s richest person Gina Rinehart sees potential ties between its critical minerals portfolio and Elon Musk’s space venture as demand grows.
Nickel
Conflict coltan from Congo linked to Sony, Microsoft, Nvidia supply chains
Coltan smuggled from mines controlled by the M23 armed group in the Democratic Republic of Congo has entered supply chains serving major technology and automotive companies, exposing weaknesses in industry…
Canada bets on workforce alliance to fill mining jobs
Canada has launched a new industry-led alliance to address labour shortages in mining and minerals as the sector faces rising demand for critical minerals, new technologies and major infrastructure projects….
How to dodge the Iran war
Soaring fuel and chemicals prices triggered by the war in the Middle East are pushing global miners to dig deep for creative solutions. Take the case of Marimaca Copper (TSX: MARI; ASX: MC2), which…
Deep Sea Minerals to list on Nasdaq
Deep Sea Minerals (CSE: SEAS; US-OTC: DSEAF) said it intends to list on Nasdaq exchange as part of its long-term growth strategy to secure a more diversified investor base. The…
Canada fines ArcelorMittal most ever, $100M for Quebec water pollution
The Canadian mining unit of steelmaker ArcelorMittal (NYSE: MT) has been fined $100 million (US$72.5 million), the most ever by Ottawa, for polluting waterways in Quebec. The Court of Quebec…
CHARTS: How the sulphuric acid crunch is driving up critical minerals costs
Conflict in the Middle East and the closure of the Strait of Hormuz have sent sulphuric acid prices soaring, sharply increasing production costs for lithium, nickel and other critical minerals…
Quad nations unveil $20B critical minerals plan
The Quad partner nations — United States, Japan, Australia and India — have released plans to invest $20 billion to further support the buildout of a reliable critical minerals supply…
Iran war squeezes acid, aluminium, miners’ margins: WoodMac report
The Iran war around the Strait of Hormuz is starting to hit miners far from the Persian Gulf, Wood Mackenzie warned on Wednesday. The conflict is choking sulphur shipments that…
First Phosphate update expands EV battery ingredient by four times in Quebec
A resource update for First Phosphate’s (CSE: PHOS; US-OTC: FRSPF) main Bégin-Lamarche project in northeastern Quebec has boosted the indicated tonnage more than fourfold while creating a new measured category…
Stillwater Critical flags Montana rhodium upside
Stillwater Critical Minerals (TSXV: PGE; US-OTC: PGEZF) is using new rhodium assays and a defined chromium inventory to press the Stillwater West multi-metal project in Montana as an important future…
Sherritt drops plan to dissolve Cuban assets
Sherritt International (TSX: S) has dropped plans to dissolve its mining assets in Cuba, though operations will remain suspended amid ongoing United States sanctions on the island nation. The Canadian…