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Energy Department to Invest $350 Million to Build, Modernize, and Restart Coal Plants

Energy Department to Invest $350 Million to Build, Modernize, and Restart Coal Plants

The U.S. Department of Energy (DOE) announced on June 4, 2026, the allocation of $350 million across four coal modernization and reliability projects, part of a larger $525 million initiative. These projects, located in Alaska, West Virginia, Puerto Rico, and Maryland, are projected to add or preserve approximately 3,565 megawatts (MW) of coal-fired generation capacity. This federal investment aims to strengthen baseload power generation, enhance grid reliability, and support the domestic coal industry, aligning with the administration's focus on energy security and affordability.

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Silver X secures full ownership of Ccasahuasi gold project in Peru

Silver X secures full ownership of Ccasahuasi gold project in Peru

Silver X Mining has secured full ownership of the Ccasahuasi gold project in central Peru by acquiring the Lily 19 mining concession from Barrick Mining for $30,000, alongside an NSR royalty. This strategic acquisition adds an inferred mineral resource of 42,303 ounces of gold to Silver X’s portfolio, located just one kilometer from its producing Tangana mine, presenting significant operational synergies and exploration upside. The project, identified through limited drilling, remains open at depth and along strike, prompting plans for a comprehensive follow-up drilling program.

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How DLE is turning oilfield wastewater into a valuable lithium source

How DLE is turning oilfield wastewater into a valuable lithium source

The accelerating energy transition is driving unprecedented demand for lithium, estimated to quadruple by 2035, necessitating innovative extraction methods beyond traditional mining. Direct Lithium Extraction (DLE) technologies are emerging as a transformative solution, capable of rapidly recovering lithium from unconventional sources like oilfield wastewater, geothermal brines, and seawater. This approach not only significantly reduces production timelines from months to days but also presents a unique opportunity for oil and gas operators to monetize existing waste streams, redefining their operational economics and contributing to a critical supply chain.

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Energy Department to Use Defense Production Act Funding to Expand Coal Capacity at 13 Plants and Build Export Infrastructure

Energy Department to Use Defense Production Act Funding to Expand Coal Capacity at 13 Plants and Build Export Infrastructure

The U.S. Department of Energy announced on June 4, 2026, a significant investment of up to $500 million in Defense Production Act (DPA) Title III funds to bolster domestic coal infrastructure. This funding includes $425 million for 12 American coal-fired power plants to enhance baseload power generation and an additional $75 million for the West Gateway Terminal Project in Oakland, California, aimed at expanding West Coast coal and bulk commodity export capacity to key Indo-Pacific allies. This strategic move underscores the administration's commitment to national security, strengthening energy supply chains, and reinforcing America's role in global energy exports.

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The future of mining intelligence starts above the pit

The future of mining intelligence starts above the pit

The global mining industry is undergoing a significant transformation driven by advanced technologies, with geospatial analytics emerging as a pivotal tool for enhancing operational intelligence. Sean Donegan, President and CEO of US-based Satelytics, highlighted on June 4, 2026, how this technology is revolutionizing critical aspects of mining by providing unparalleled insights into land movement, environmental risks, and unauthorized activities, fundamentally shifting how mines are monitored and managed from an aerial perspective. This development underscores a broader trend towards data-driven decision-making and proactive risk management within the sector, promising enhanced safety, efficiency, and environmental stewardship.

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Locksley confirms REE mineralisation at El Campo, California

Locksley confirms REE mineralisation at El Campo, California

Locksley Resources has confirmed significant neodymium and praseodymium-enriched rare earth element mineralisation at its El Campo prospect in California, strategically located just 5.5km south-east of MP Materials’ Mountain Pass Mine, the sole active rare earth operation in the US. Initial diamond drilling revealed high-grade intercepts, signaling potential for a larger Mountain Pass-style carbonatite system and offering a promising step towards bolstering America’s domestic critical mineral supply chain. These results, announced on June 5, 2026, underline the ongoing importance of regional exploration in critical mineral corridors.

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Department of Energy Celebrates First Advanced Reactor Criticality

Department of Energy Celebrates First Advanced Reactor Criticality

Antares Nuclear’s Mark-0 advanced reactor successfully achieved zero-power fueled criticality at the U.S. Department of Energy's Idaho National Laboratory on June 4, 2026. This landmark event, the first privately developed non-light-water reactor criticality in the U.S. in over four decades, signals a critical step in the nation's nuclear renaissance, promising electricity generation by 2027 and setting new precedents for advanced reactor deployment and the nuclear fuel cycle. The achievement underscores significant governmental and private sector collaboration, with profound implications for future uranium demand and the broader mining supply chain.

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Wildcat, EnergyX to develop LFP cathode facility in Texas

Wildcat, EnergyX to develop LFP cathode facility in Texas

Wildcat Discovery Technologies, a subsidiary of Holyvolt Group, and Energy Exploration Technologies (EnergyX) have announced plans to develop a significant lithium iron phosphate (LFP) cathode active material manufacturing facility in Hooks, Texas. This joint venture, projected to exceed $230 million in private investment, aims to produce 15,000 tonnes per annum of LFP cathode material in its initial phase, directly addressing the critical US dependence on foreign supply for essential battery components used in electric vehicles, energy storage, and military applications. The strategic location, coupled with EnergyX's integrated lithium supply from its nearby Project Lonestar, positions this initiative as a pivotal step toward establishing a robust domestic battery supply chain.

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DoE turns to coal for baseload reliability and supply chain resilience

DoE turns to coal for baseload reliability and supply chain resilience

<p></p> <p>The U.S. Department of Energy (DoE) announced on June 5, 2026, a significant federal investment of up to $500 million in Defense Production Act funding aimed at fortifying the nation's coal infrastructure. This strategic funding package will support 13 U.S. coal-fired power plants and establish new coal export capabilities, including the crucial West Gateway Terminal Project in Oakland, California. The initiative signals a notable pivot in federal policy, underscoring coal's renewed importance for ensuring baseload reliability, strengthening domestic supply chains, and enhancing strategic energy leverage in global markets, particularly for key Indo-Pacific allies.</p> <p>

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Energy Secretary Keeps Coal-Fired Power Generation Alive in Florida

Energy Secretary Keeps Coal-Fired Power Generation Alive in Florida

The U.S. Department of Energy, led by Secretary Chris Wright, has issued an emergency order compelling the Orlando Utilities Commission (OUC) to maintain operations at Unit 1 of its coal-fired Stanton Energy Center in Florida. This directive, effective from June 4, 2026, through September 1, 2026, addresses critical grid reliability concerns identified by reports from NERC and DOE, aiming to prevent power outages and stabilize energy costs during Florida's peak summer demand. The move underscores a broader federal strategy under President Trump's administration to preserve and expand coal-fired generation amidst national grid stability challenges and growing electricity demand.

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