Maaden invests $110B in Saudi bid to be mining giant
Saudi Arabia’s Maaden plans to invest $110 billion into metals and mining over the next decade, the latest move by the state-owned miner as it aggressively expands in the sector….
MP Materials
Energy Fuels eyes top Western rare earths output
A new bankable feasibility study for Energy Fuels’ (TSX: EFR; NYSE: UUUU) White Mesa mill in Utah suggests the plant could become one of the biggest producers of separated rare…
China-Japan rare earth spat curbs exports
China’s threats this week to restrict rare earths exports to Japan could harm the Japanese economy and manufacturers, which heavily depend on China for supplies of the critical minerals. China’s…
Rare earth trade talks top mining trends: Wood Mac
The shift of rare earth elements to the centre of global trade negotiations is a leading trend in mining, according to a new report by natural resources consultancy Wood Mackenzie….
Ivanhoe, Qatar to team up on critical metals in Africa
Ivanhoe Mines’ (TSX: IVN) has entered into a memorandum of understanding (MoU) with Qatar’s sovereign wealth fund to further advance the company’s exploration efforts in Africa. Shares rose. The MoU,…
MP Materials soars on Saudi rare earth JV
MP Materials (NYSE: MP) has teamed up with the U.S. Department of Defense to form a joint venture in Saudi Arabia with Maaden, the kingdom’s main mining company, to build…
How Lassonde, MAC, Selby assess Canada’s permitting and Carney’s Major Projects Office
If Canadians were unfamiliar with the Ring of Fire before Game One of the World Series between the Toronto Blue Jays and the Los Angeles Dodgers, they were well-versed by…
US backs RE magnets with $1.3B for Vulcan, ReElement
Rare earth magnet producer Vulcan Elements has struck a partnership with the U.S. government and ReElement Technologies to expand United States rare earth magnet production. Vulcan is to receive a…
Government equity in miners becomes U.S. norm
The Trump administration is ratcheting up government ownership in mining companies that are nominally Canadian, raising questions about whether Ottawa plans similar investments. Trump has ordered his Department of War…
USA Rare Earth shares soar on White House talks report
Shares of USA Rare Earth (Nasdaq: USAR) jumped more than 21% to a historic high on Friday after CEO Barbara Humpton told CNBC that the developer is speaking with the…
DOE agrees to buy 5% stake in Lithium Americas
The United States’ Department of Energy (DOE) agreed to buy minority stakes in Lithium Americas (TSX, NYSE: LAC) and its Thacker Pass project in Nevada in exchange for authorizing funding…
Lynas flags Texas rare earths plant uncertainty
Australia’s Lynas Rare Earths (ASX: LYC), the largest rare earths producer outside China, sees “significant uncertainty” around its proposed Texas heavy rare earths plant, pivoting instead to serve U.S. buyers…