Is Glencore’s $22B asset shift a prep for Rio merger?
Glencore (LSE: GLEN) has transferred almost $22 billion in foreign assets into its Australian subsidiary in a sweeping global restructuring that could lay the groundwork for a future merger with…
cobalt
CHART: Asian battery makers rule EV metals market
During the first quarter of 2025, a combined $3.01 billion worth of battery metals were contained in the packs of newly sold electric vehicles worldwide, up a modest 1.3% year…
Terra Metals, Metalex in $100M Zambia deal
U.S.-based critical minerals developer Terra Metals and resource investment firm Metalex Commodities have finalized talks on the creation of what they call a “new copper and cobalt production powerhouse” in…
Manitoba wildfires threaten Alamos Gold project
Wildfires burning near the northwestern Manitoba town of Lynn Lake have spurred Alamos Gold (TSX, NYSE: AGI) to temporarily pause operations at its nearby project, the company said. Lynn Lake…
China rules critical mineral despite efforts: IEA
A new report by the International Energy Agency paints a sobering picture of the global push to secure critical minerals as nations are forced to navigate through high geopolitical tensions…
Opinion: Canada can fast-track critical minerals and dodge US tariffs
This year’s Prospectors & Developers Association of Canada (PDAC) annual convention will be remembered not just for the discussions that took place in Toronto that first week of March. It…
Cobalt deficit due by early 2030s: industry group
Global cobalt demand is projected to rise faster than supply over the next decade, shrinking the current market surplus and potentially pushing the sector into deficit by the early 2030s,…
London’s biggest mining IPO since 2018 concerns cobalt
Metal investment company Cobalt Holdings is targeting June for an initial public offering (IPO) in what would potentially be the mining industry’s largest stock debut in London since before the…
The Metals Co. to raise $37M for underwater mining
Undersea critical minerals explorer The Metals Company (Nasdaq: TMC) has lined up C$51.75 million ($37 million) for seabed exploration. Shares rose. Led by Hess Capital chief investment officer Michael Hess…
Talon shares surge on ‘historic’ sulphide discovery
Rio Tinto (ASX: RIO)-backed Talon Metals (TSX: TLO) announced on Monday it has made a “historic” discovery at the Tamarack nickel-copper project in central Minnesota. Shares of the company hit…
US seeks Congo-Rwanda peace deal in 2 months: Reuters
The United States is actively pushing for a peace accord between Democratic Republic of Congo (DRC) and Rwanda, with the aim of having both sign an agreement at the White…
TMC files for deep sea mining licences under US law
The Metals Company (Nasdaq: TMC) has filed applications for a commercial recovery permit and two exploration licences under the U.S. seabed mining code, a major step in its pursuit of deep-sea…