Pilbara CEO warns Aus losing lithium edge to Brazil
Australia’s Pilbara Minerals (ASX: PLS) has found operating in Brazil to be easier than at home, just months after completing a A$560 million ($363 million) acquisition to establish a foothold…
Australia, NZ & South Pacific
US weighs $190M for Locksley’s antimony
Australia’s Locksley Resources (ASX: LKY) has received a letter of interest (LOI) from the U.S. Export-Import Bank (EXIM) for a potential financing of $191 million in support of its antimony…
Fortescue’s Forrest doesn’t get critical minerals hype
Fortescue (ASX: FMG) founder and executive chairman Andrew Forrest said on Friday he’s advancing critical minerals projects despite not understanding the “fuss” surrounding the strategic metals. Speaking at Fortescue’s annual…
China to suspend new REE export controls for 1 year
China agreed to suspend a planned expansion of export controls on rare earth elements (REE) for a year after U.S. President Donald Trump struck a broad trade deal with his…
Mine explosion in Australia kills two
Two workers were killed and another injured in an explosion on Tuesday at a mine in Australia being readied for reopening, the local industry’s first fatal blast in a decade….
Glencore output on target despite copper fall
Shares in Glencore (LSE: GLEN) climbed on Wednesday after the Swiss miner and commodities trader said it remains on track to meet its full-year production targets, easing investor concerns about…
Banks, investors pumped $52B into met coal between 2022 and 2024: report
German environmental and human rights group Urgewald has found how major financial institutions continue to bankroll the metallurgical coal industry, funnelling nearly $52 billion into mine expansions between 2022 and…
Canaccord highlights three Aus gold explorers
Canaccord Genuity has initiated coverage on three Western Australian gold explorers — Benz Mining (TSXV: BZ; ASX: BNZ), Golden Horse Minerals (ASX: GHM) and Torque Metals (ASX: TOR) — highlighting…
Friedland-backed scandium miner enters supply deal with Lockheed Martin
Robert Friedland-backed Sunrise Energy Metals (ASX: SRL) could become a long-term supplier of scandium for Lockheed Martin under the recently signed Australia-U.S. critical minerals pact, the company announced late on…
US, Australia target $3B for critical minerals plan
The United States and Australia signed a critical-minerals framework on Monday that aims to speed permits, mobilize public and private financing, and pilot market “price-floor” mechanisms to blunt non-market undercutting…
K92 Mining’s Kainantu expansion pours first gold
K92 Mining (TSX: KNT; US-OTC: KNTNF) has produced the first commercial gold-copper-silver concentrate and poured 458 oz. of doré at the new Kainantu third-stage expansion in Papua New Guinea (PNG)….
BHP eyes revival of long-closed copper mines in Arizona
BHP (NYSE, LSE, ASX: BHP), the world’s largest miner, is considering the reopening of four long-closed copper mines in Arizona, the centre of the copper industry in the United States….