MP Materials lands $400M Pentagon deal
MP Materials (NYSE: MP) has entered a major public-private partnership with the U.S. Department of Defense (DoD) to build a domestic supply chain for rare earth magnets, reducing America’s reliance…
Politics
Editorial: Nato and Trump to the REE rescue
Today’s huge Pentagon deal for MP Materials, the sole producer of rare earth elements (REEs) in the United States, continues the ratcheting up of developments in this formerly obscure sector….
Copper price hits record high on Trump tariff plan
Copper prices jumped by double digits on Tuesday after U.S. President Donald Trump announced plans to implement a 50% tariff on the industrial metal. Click on chart for Live Prices “I…
Mali to sell Barrick’s gold: Reuters
The court-appointed administrator of Barrick Mining’s (TSX: ABX; NYSE: B) Loulo-Gounkoto complex in Mali is planning to sell a tonne of the site’s gold to pay for restarting the mine,…
Dundee gets OK for Ecuador gold project
Dundee Precious Metals (TSX: DPM) has the full go-ahead to proceed with its Loma Larga underground gold project after the government of Ecuador granted the company its environmental licence for…
China’s mining investment sets new record
China’s overseas mining investment has soared to its highest level in over a decade, driven by Beijing’s push to secure critical raw materials amid rising geopolitical tensions. There were 10…
EU to stockpile critical minerals in case of war: FT
The European Commission is preparing to boost emergency stockpiles of critical minerals amid heightened concern over supply chain disruptions caused by geopolitical conflicts, the Financial Times reported. The measure presents…
Infographic: Who controls rare earth processing?
MINING.COM and The Northern Miner chart refined rare earth magnet output through a geopolitical lens, segmenting the world into four “Spheres of Control”: the Chinese Sphere, the American Sphere, the…
‘Big beautiful’ U.S. bill would end crit-min tax credit
Legislation moving through the United States Congress could eliminate a key tax credit aimed at supporting domestic production of critical minerals, raising concern among mining companies and investors about the…
Canada advances plan to freeze Giant mine’s toxic waste
Canada’s $4.4-billion plan to cope with a poisonous legacy at a former gold mine in the Northwest Territories risks complicating local efforts to find a permanent solution. Ottawa is moving…
CHART: The brutal economics of EV battery lithium
News this week that the world’s second-biggest lithium miner – SQM – has begun laying off 5% of its Chilean workforce would not come as a surprise to those following…
Trump ally eyes Congo mine vital to global tech
The Democratic Republic of Congo is discussing the rights to the Rubaya coltan mine with an consortium led by Trump ally Gentry Beach, the Financial Times reported. Beach, the chair of investment…