Nouveau Monde to build G7’s biggest graphite mine
Nouveau Monde Graphite (TSX: NOU; NYSE: NMG) is going ahead with the construction of its Matawinie mine in Quebec, a crucial step in the company’s bid to become a North…
Battery metals
Milei OKs Lithium Argentina’s $1.24B growth under RIGI
A $1.24-billion (C$1.7 billion) expansion of Lithium Argentina’s (TSX, NYSE: LAR) Cauchari-Olaroz mine is one of two mining projects approved by Buenos Aires under the country’s large investment incentives program….
Government funding now a plus not a burden, miners say
In the West’s efforts to catch up with China’s lead in critical minerals development, more companies are warming to government financing than in previous years when governments were regarded as…
Elevra inks $437M financing for Quebec lithium
Australia’s Elevra Lithium (ASX: ELV; Nasdaq: ELVR) unveiled a A$441-million ($437-million) funding package to help expand its North American Lithium (NAL) operation in Quebec and advance pre-development work at the…
Honda drops $15B Ont. EV plant: reports
Honda is indefinitely shelving its planned $15-billion (US$11-billion) electric-vehicle and battery complex in Ontario, a setback for Canada’s ambitions to build a domestic EV supply chain as demand cools and…
GBM taps Iamgold CEO in plan to open Kearney graphite mine in Ontario
Privately held Global Battery Materials (GBM) is aiming to restart Ontario’s mothballed Kearney graphite mine in less than two years to tap an expected surge in demand for the mineral amid growing calls for domestic production. Kearney, which…
Ottawa’s $6B skills push pits miners vs builders
Ottawa’s $6-billion (US$4.4-billion) push into skilled trades aims to ease a looming labour crunch, but it’s uncertain how much of the spending will reach mining – an industry already scrambling…
Ontario to axe early-stage red tape, Lecce says
Ontario is preparing legislation this year to slash red tape on early-stage projects as it shifts its minerals strategy towards defence metals and backs Toronto’s bid to host a Nato bank, Energy and Mining Minister…
Canada positioned for $200B clean energy boom, but faster approvals needed: report
Canada is well positioned to capture up to $200 billion in clean energy investments over the next decade, but how much of that opportunity gets captured will depend on system…
‘Myopic’ World Bank must shift to critical minerals from climate change, Bessent says
The U.S. government is pressing the world’s top development lenders to pivot towards funding critical minerals projects in an effort to bolster a supply chain that’s dominated by China. Speaking…
Lithium Ionic jumps as Brazil mineral rights affirmed
Lithium Ionic (TSXV: LTH) reaffirmed the validity of its mineral rights in Brazil, including those for its flagship Bandeira project, amid regulatory scrutiny into parties with ties to the company….
Nouveau Monde raises $297M as Italy’s Eni takes stake
Nouveau Monde Graphite (NYSE: NMG; TSX: NOU) is raising $297 million (C$413 million) in a transaction that will see Italian energy giant Eni buy a 12% stake to help the Canadian…