Financing: US Energy Dept. hands out billions
In mid-December, the U.S Department of Energy announced a conditional loan of US$755 million to battery materials and technology company Novonix to build a plant in Tennessee for manufacturing synthetic…
Tungsten
Americans fund Fireweed’s NWT tungsten project
Fireweed Metals (TSXV: FWZ; US-OTC: FWEDF) on Friday secured millions in U.S. and Canadian critical minerals project funding. The U.S. Department of Defense invested about US$15.8 million (about $22.5 million)…
Strong zinc results at Fireweed’s Macpass in Yukon point to resource upgrade for Tom target
High-grade zinc results from drilling at Fireweed Metals’ (TSXV: FWZ; US-OTC: FWEDF) Macpass project in eastern Yukon bring potential for significantly growing resources at the Tom target. Shares rose. Highlight…
China germanium, gallium ban could cost US$3.4B
According to the USGS, gallium prices could increase by more than 150% and germanium prices by 26% in the event of a total ban.
Almonty nears first production at its tungsten mine in South Korea
Almonty Industries (TSX: AII, ASX: AII), which is closing in on first production from its Sangdong tungsten mine in South Korea later this year, says it recently hosted a delegation…
Canada imposes tariffs on Chinese EVs, steel to boost mining sector
Canada on Monday introduced weighty tariffs on steel, aluminum and electric vehicle (EV) imports from China in a move the government said will protect the mining sector and domestic jobs…
Infographic: Yukon’s critical minerals resources grow
The Klondike Gold Rush and later exploration and production elevated the Yukon as a legendary source of gold. But the territory always hosted large critical mineral deposits, and it’s now…
Site visit: Fireweed closes in on Far North critical minerals boom
Remote eastern Yukon —The snow-peaked mountains and green valleys of eastern Yukon may seem like a place that would attract only wily old prospectors and extreme hikers. But on a gentle…
Fireweed Metals nets $41.7M Lundin-backed financing for Yukon crit-mins exploration
Fireweed Metals (TSXV: FWZ) has boosted a private placement to $41.7 million to fund this year’s exploration in the Macpass critical minerals district of Yukon. The share offering supported by…
Lawyers representing Congo claim to have new evidence on Apple’s use of conflict minerals
Apple has said in the past that it does not directly buy, procure or source primary minerals, and it has been auditing its suppliers for several years.
Eurobattery Minerals to acquire majority stake in Spanish tungsten miner
Swedish miner Eurobattery Minerals (FRA: EBM) has signed a non-binding letter of intent to invest €2.5 million ($3.7 million) in Spanish company Tungsten San Juan (TSJ) and obtain 51% ownership…
China’s clean-tech surge shakes markets and tests Western green resolve
Against China’s production boom, Western countries are trying to figure out how to build their clean-tech industries without being undercut by cheaper Chinese products. They’re stuck between wanting to secure…