USA Rare Earth boosts Western supply chain in $2.8B deal for Brazil producer
USA Rare Earth (Nasdaq: USAR) plans to acquire Brazilian rare earths producer Serra Verde Group for a total value of about $2.8 billion, a move that could position the new…
Rare Earths
Chile targets faster permits to unlock $100B pipeline
Chile is moving to accelerate mining permit approvals to unlock more than $100 billion in investment and revive momentum in its cornerstone copper sector, Economy and Mining Minister Daniel Mas said…
Environmental group sues US Interior for approving rare earth mining in Mojave Desert
An environmental advocacy group is suing the Department of the Interior (DOI) over its decision to greenlight a rare earth mining project located within the Mojave National Preserve a year…
USA Rare Earth produces first commercial-grade yttrium
USA Rare Earth (Nasdaq: USAR) produced yttrium commercially for the first time, another step in the miner’s efforts to create a rare earth value chain capable of serving Western markets….
‘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…
China hikes rare earth prices by 45%
One of China’s biggest rare earth producers has hiked prices significantly, underscoring tightening market conditions and high geopolitical tensions in the midst of a raging conflict in the Middle East….
Neo Performance begins producing heavy rare earths at Estonia plant
Neo Performance Materials (TSX: NEO) has produced its first batch of heavy rare earth elements following the successful commissioning of the solvent extraction line at its Silmet plant in Estonia….
NioCorp nears Elk Creek full $1.1B financing
NioCorp Developments (Nasdaq: NB) says it has signed up commodity trader Traxys to buy and market the remaining planned output from Elk Creek, moving closer to full financing for the…
AOMC, Odyssey merge to build $1B deep-sea miner
American Ocean Minerals is merging with Odyssey Marine Exploration (Nasdaq: OMEX) in a reverse takeover that will create a roughly $1 billion market cap deep-sea mining company. The all-stock transaction…
Greenland to block ETM Kvanefjeld rare earth project
Energy Transition Minerals (ASX: ETM) said Tuesday that Greenland intends not to renew the exploration licence for its Kvanefjeld rare earths project. The draft decision deals a fresh blow to…
PDAC Video: Aclara lines up Chile rare earth permit, Brazil study
Aclara Resources (TSX: ARA) is working through a difficult financing climate to build a mine-to-magnet supply chain outside China, Executive Vice-President José Augusto Palma said. The Toronto-based company expects a…
Moonshot puts global metals scramble on display
Artemis II is set to lift off tomorrow, spotlighting the geopolitical race for the metals behind modern spaceflight. The flight around the Moon, without landing, will carry astronauts aboard the…