China’s Zhaojin Mining buyout offer for Tietto Minerals now unconditional
China’s Zhaojin Mining Industry said on Wednesday that its A$733 million ($477.8 million) offer to buy Australia’s Tietto Minerals has become unconditional.
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First Quantum Minerals cuts debt by over $1bn in first quarter
Canadian miner First Quantum Minerals said on Tuesday that it has cut its debt by $1.14 billion in the first quarter.
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Five Eyes countries working to fight critical minerals dumping
Canada and its Five Eyes Alliance partners are working on put forward a response to tackle the price manipulation of critical metals, Canada’s Finance Minister Chrystia Freeland said on Tuesday.
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US, EU set to miss critical minerals agreement this week
A US and European Union push to reach an accord on fostering critical mineral supply chains is set to miss another target this week, according to people familiar with the discussions.
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Mag Silver shares surge on Juanicipio mine’s mineral resource update
Shares of MAG Silver rose on Thursday following the release of a new mineral resource estimate for the Juanicipio silver-gold-zinc-lead mine in the state of Zacatecas, Mexico.
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Africa to play ‘huge role’ in US critical mineral strategy, says Treasury’s No. 2
The United States is looking to Africa to help loosen a Chinese stranglehold on battery metals and reduce Russia’s influence over the market for other minerals, US Deputy Treasury Secretary Wally Adeyemo said on Thursday.
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Pilbara Minerals signs offtake agreement with China’s Sichuan Yahua
Pilbara Minerals said on Tuesday it has signed an agreement with Sichuan Yahua Industrial Group for the supply of spodumene concentrate from the lithium miner’s Pilgangoora operation in Western Australia.
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Australia and Vietnam upgrade relations, to begin talks on critical minerals
Australian Prime Minister Anthony Albanese said on Thursday the country was raising ties with Vietnam to the level of a comprehensive strategic partnership, with an annual dialogue on minerals amid a push to diversify supply chains away from China.
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Canada and Australia boost collaboration on critical minerals
Canada and Australia have agreed to promote shared priorities related to the extraction, processing, and refining of critical minerals, they said in a joint statement on Monday.
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Fleet Space, Stanford University’s Mineral-X team up to advance space-enabled climate innovation
Australia-based Fleet Space Technologies, developer and operator of microsatellites, announced Monday that it has been named an industrial affiliate of Stanford University’s Mineral-X program — a research organization combining expertise in geoscience, resource optimization and artificial intelligence (AI) to enable a decarbonized mineral supply chain.
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India launches second part of critical minerals auction worth $362 billion
India launched the second part of its critical minerals auction worth an estimated 30 trillion rupees (about $362 billion), the country’s mines minister, Pralhad Joshi, said on Thursday.
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Australia considers tax credit for minerals processing, says industry group
The Australian government is considering a tax credit for companies that build processing facilities to boost the value of green energy minerals such as nickel and lithium, the head of a mining industry association said on Wednesday.
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Mobarakeh Steel Company faces many obstacles to enter mineral exploration
Mining News Pro - The CEO of Foulad Mobarakeh stated: Foolad Mobarakeh has the possibility of exploring mines and investing in the field of machinery in this area, but legal obstacles do not allow this company to enter the field of mineral exploration.
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Australia lists nickel as ‘critical mineral’ to unlock billions in support
Australia classified nickel as a “critical mineral” on Friday, opening the way for the crisis-hit industry to access billions of dollars in cheap government loans, as its prime minister prepared wider policy support for the green energy industry.
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Canada to accelerate critical mineral mining
Canada plans to boost its energy security by slashing the time it takes to develop new critical mineral mines by nearly a decade with improved permitting processes, energy minister Jonathan Wilkinson told Reuters on Tuesday.
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Pentagon plans AI-based program to estimate prices for critical minerals
The US Department of Defense plans to develop a program to estimate prices and predict supplies of nickel, cobalt and other critical minerals, a move aimed at boosting market transparency but one that throws a new, uncertain variable into global metals markets.
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Mineral Resources to sell stake in lithium developer Azure
Mineral Resources expects to sell its stake in lithium developer Azure Minerals in the current half year, chief financial officer Mark Wilson said on Thursday.
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Canada gives mineral-rich Arctic region of Nunavut control over its resources
Canada on Thursday formally gave the giant Arctic territory of Nunavut control over its reserves of gold, diamonds, iron, cobalt and rare earth metals, a move that could boost exploration and development.
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Australia wants to compete with China on critical minerals, Minister King says
Mining News Pro - Australia wants to compete with China in producing and refining resources vital to the next phase of high-tech manufacturing around the world, according to Minister Madeleine King, backing the country’s bid to build its critical minerals capability.
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SQM ties up with Hancock on $1.1bn bid for Azure Minerals
Mining News Pro - Chile’s SQM has teamed up with Australia’s richest person, Gina Rinehart, to make a sweetened A$1.7 billion ($1.14 billion) bid for Australian lithium developer Azure Minerals, the three parties said on Tuesday.
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Australia expands list of critical minerals key to transition
Mining News Pro - Australia expanded its list of critical minerals deemed crucial to its energy transition and national security needs as the country boosts the strategically and economically important sector.
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China allows a trickle of critical minerals exports ahead of graphite curbs
Mining News Pro - China exported small amounts of two minerals crucial to high-tech manufacturing in October, marking a resumption in sales after a two-month hiatus caused by Beijing’s restrictions.
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Epiroc collaborates on critical minerals
Mining News Pro - Epiroc is partnering with European consortium Smart Exploration on research dedicated to minerals and metals that are innovation-critical in the net-zero push.
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New critical minerals facility for Queensland
Mining News Pro - Townsville is set to become home to Australia’s first critical minerals processing centre, the Queensland Resources Common User Facility (QRCUF).
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Australia’s Tietto Minerals urges rejection of Chinese firm’s takeover offer
Mining News Pro - Tietto Minerals said on Friday a takeover offer by a unit of China’s Zhaojin Mining Industry “materially undervalues” the Australian gold company.
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