Fortune gets $50M for Nico road
Fortune Minerals (TSX: FT; US-OTC: FTMDF) and the Tłı̨chǫ government might receive up to $50 million (US$35.25 million) from Ottawa to help connect the long-delayed Nico project in the Northwest…
cobalt
US sanctions shut Canada’s only cobalt refinery
Sherritt International (TSX: S) has begun shutting down its Fort Saskatchewan refinery after expanded U.S. sanctions on Cuba halted the feedstock supply needed to keep the Alberta plant running. The…
Canada offers Italy priority access to critical minerals
Prime Minister Mark Carney has offered Italy priority access to Canada’s critical mineral reserves as the two countries expanded cooperation on supply chains, defence and energy during talks at the…
Rinehart’s $1B SpaceX bet targets mining beyond Earth
Australia’s richest person Gina Rinehart sees potential ties between its critical minerals portfolio and Elon Musk’s space venture as demand grows.
Conflict coltan from Congo linked to Sony, Microsoft, Nvidia supply chains
Coltan smuggled from mines controlled by the M23 armed group in the Democratic Republic of Congo has entered supply chains serving major technology and automotive companies, exposing weaknesses in industry…
Fortune advances Nico cobalt-gold project as cash hurdle looms
Fortune Minerals (TSX: FT; US-OTC: FTMDF) plans to publish an updated feasibility study next month at its long-delayed Nico cobalt-gold-bismuth project as it looks towards construction in 2027 of what…
Deep Sea Minerals to list on Nasdaq
Deep Sea Minerals (CSE: SEAS; US-OTC: DSEAF) said it intends to list on Nasdaq exchange as part of its long-term growth strategy to secure a more diversified investor base. The…
CHARTS: How the sulphuric acid crunch is driving up critical minerals costs
Conflict in the Middle East and the closure of the Strait of Hormuz have sent sulphuric acid prices soaring, sharply increasing production costs for lithium, nickel and other critical minerals…
First Phosphate update expands EV battery ingredient by four times in Quebec
A resource update for First Phosphate’s (CSE: PHOS; US-OTC: FRSPF) main Bégin-Lamarche project in northeastern Quebec has boosted the indicated tonnage more than fourfold while creating a new measured category…
Congo rebels want to sell critical minerals to US: report
The Rwanda-backed M23 Congolese rebel group is looking to sell critical minerals directly to the United States, The Economist reported. M23, which controls large swaths of the eastern Democratic Republic…
Ontario spotlight: Four explorers worth a look – Part 2
Ontario is a global mining powerhouse, rich in copper, gold and lithium among other minerals. Here are four companies to watch.
TMC, Allseas strike first seabed nodule mining deal
The Metals Company (NASDAQ: TMC) has signed a commercial agreement with offshore engineering giant Allseas to develop and operate what the companies say would be the world’s first commercial deep-sea…