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Exclusive-Trump administration to back US minerals projects with $500 million in grants
3+ week, 3+ day ago (430+ words) By Ernest Scheyder and Jarrett Renshaw Aug 20 (Reuters) – The U.S. Department of Energy is awarding $500 million in grants to seven companies building domestic lithium, cobalt and other mineral and battery projects, the latest in a string of investments aimed at…...
Glencore’s planned Australian debut draws interest as investors look past coal
3+ week, 5+ day ago (629+ words) MELBOURNE, Aug 18 (Reuters) – Glencore could leap into top market indices within six months of listing in Australia as fund managers’ copper appetite may outweigh concerns over thermal coal exposure, analysts and investors said following briefings on the listing. Glencore, the…...
Hidden crypto farm in Mexican mountains puts spotlight on cartel funding
1+ day, 4+ hour ago (710+ words) By Sarah Morland and Daniel Becerril TLAOLA, Mexico, Sept 12 (Reuters) – Nestled in the lush green mountains of Central Mexico, next to a sparsely traveled gravel road, few people had reason to wander close enough to hear the loud, mechanical whirring…...
Australian Indigenous group appeals compensation ruling over Fortescue’s mining impact
2+ week, 4+ day ago (459+ words) MELBOURNE, Aug 26 (Reuters) – Australia’s Yindjibarndi Indigenous group said on Wednesday it had lodged an appeal with the federal court over the amount of compensation awarded against Fortescue for mining on their lands without an agreement since 2012. The Yindjibarndi people brought…...
Congo extends state control over mining with bid to lock down geological data
5+ day, 10+ hour ago (1206+ words) By Maxwell Akalaare Adombila DAKAR, Sept 8 (Reuters) – Democratic Republic of Congo plans to tighten control over geological data that guides billions of dollars in mining exploration, potentially extending state influence over the development of future mineral discoveries. The country is…...
Greater regulatory scrutiny no bar to mining mergers, bosses say
3+ week, 4+ day ago (560+ words) LONDON, Aug 19 (Reuters) – Mining bosses say that regulatory scrutiny of major mergers is increasing as governments pay closer attention to critical minerals and security of supply in the face of a volatile geopolitical backdrop, but they do not see the…...
Four South American nations sign strategic minerals pact
2+ week, 2+ day ago (147+ words) SANTIAGO, Aug 28 (Reuters) - Chile, Argentina, Bolivia and Peru signed a joint declaration on Friday to deepen cooperation on strategic minerals, aiming to boost development, coordination and investment as the four South American producers seek... SANTIAGO, Aug 28 (Reuters) â Chile, Argentina,…...
Brazil’s Vale drops IPO plans for critical minerals unit, The Globe and Mail reports
1+ week, 2+ day ago (120+ words) Sept 3 (Reuters) – Brazilian miner Vale SA is shelving plans for an IPO of its critical minerals unit, Vale Base Metals, amid political pushback in Brazil over the country potentially losing control over strategic mining assets, The Globe and Mail reported…...
Lynas expands global footprint, eyes new rare earths supply deals
2+ week, 4+ day ago (447+ words) MELBOURNE, Aug 26 (Reuters) – Australia’s Lynas Rare Earths said it planned to grow its global supply chain on Wednesday, with discussions to secure new mine supply from project developers around the world and set up a magnet processing facility in the…...
Exclusive-Lynas Rare Earths says it was in takeover talks earlier this year
1+ week, 4+ day ago (123+ words) MELBOURNE, Sept 2 (Reuters) – Australian miner Lynas Rare Earths was in takeover talks earlier this year but the discussions did not proceed, a spokesperson said on Wednesday. “The discussions earlier this year had a high level of uncertainty and did not…...