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Weir targets mill circuit wear as miners push for higher throughput

Weir targets mill circuit wear as miners push for higher throughput

Weir PLC has launched the WARMAN MCR² mill circuit pump, featuring eight patented technologies to address the increasing complexities of mineral processing. Introduced on August 27, 2026, the pump integrates advancements in hydraulics, wear management, serviceability, and condition monitoring, aiming to extend operating campaigns and enhance predictability in demanding mining environments without requiring significant infrastructure changes. This innovation is poised to help miners improve throughput and manage costs as they process more challenging ore bodies globally.

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WA Government and YNAC appeal Fortescue compensation ruling

WA Government and YNAC appeal Fortescue compensation ruling

The Western Australian Government and the Yindjibarndi Ngurra Aboriginal Corporation (YNAC) have lodged separate appeals against a Federal Court ruling from May 2026, which ordered Fortescue Metals Group to pay A$150.3 million ($107.9 million USD) in compensation for iron ore mining activities conducted without a native title agreement. This landmark decision, considered one of the largest under Australia’s native title laws, now faces scrutiny from both the Indigenous group, seeking a higher amount, and the state government, advocating for clearer legal frameworks for future agreements. The appeals underscore the complex and evolving landscape of native title in Australia's vital mining sector, with significant implications for industry operations and Indigenous rights.

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US EXIM issues $1.1bn project letter for Ivanhoe Electric copper project

US EXIM issues $1.1bn project letter for Ivanhoe Electric copper project

Ivanhoe Electric has secured a preliminary project letter from the U.S. Export-Import Bank (US EXIM) outlining $1.1 billion in potential debt financing for its Santa Cruz Copper Project in Arizona. This substantial support, part of US EXIM’s Make More in America Initiative, aims to bolster domestic copper production and secure critical mineral supply chains. The project intends to produce 99.99% pure copper cathode over a 23-year operational lifespan, utilizing advanced heap leach technology.

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Lithium Argentina, Ganfeng sign agreements to finalise PPG JV

Lithium Argentina, Ganfeng sign agreements to finalise PPG JV

<p></p> <p>In a significant move for the global lithium sector, Lithium Argentina and China's Ganfeng Lithium have finalized definitive agreements to establish the Pozuelos-Pastos Grandes (PPG) joint venture in Salta Province, Argentina. This collaboration, set to create an ambitious 150,000 tonnes per annum (tpa) lithium carbonate equivalent (LCE) operation, includes a $180 million convertible note investment from Ganfeng into Lithium Argentina, fortifying the latter's balance sheet and extending its debt maturity profile. The JV consolidates key brine assets into a single basin-wide development, signaling a strategic acceleration of lithium production in the renowned "lithium triangle."</p> <p>

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DOE and SBA Launch SBIC-E Initiative to Unleash Private Capital for American Innovation and Small Businesses

DOE and SBA Launch SBIC-E Initiative to Unleash Private Capital for American Innovation and Small Businesses

The U.S. Department of Energy (DOE) and the U.S. Small Business Administration (SBA) have launched the Small Business Investment Company-Energy (SBIC-E) Initiative, a new strategic partnership designed to channel private capital into American small businesses critical to energy production, national security, and domestic manufacturing. Signed on August 24, 2026, this memorandum of agreement leverages the SBA's established SBIC Program to fund innovative technologies, with a significant focus on critical minerals, advanced manufacturing, and advanced materials, offering a new avenue for growth within the mining sector.

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Metso to acquire hose and cavity pumps business from Valmet

Metso to acquire hose and cavity pumps business from Valmet

Metso announced on August 24, 2026, its agreement to acquire Valmet’s peristaltic hose pump and progressive cavity pump businesses, including associated aftermarket services, with the transaction expected to close on October 1, 2026. This strategic acquisition, aimed at enhancing Metso's comprehensive slurry handling solutions for the mining and industrial sectors, will integrate the Flowrox-branded technologies into Metso's pumps portfolio, relocating production and personnel to Lappeenranta, Finland. The move underscores Metso's commitment to delivering robust, end-to-end solutions for demanding process conditions globally.

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Peako to launch UAV magnetic surveys across five Saudi projects

Peako to launch UAV magnetic surveys across five Saudi projects

Peako is set to initiate advanced unmanned aerial vehicle (UAV) magnetic surveys across five critical gold exploration targets within its Saudi Arabian licenses, beginning August 24, 2026. This comprehensive geophysical program, covering 54 square kilometers with 1,400 line kilometers, is designed to enhance geological models and refine drill targets ahead of the company's inaugural drilling campaigns in the Kingdom, scheduled to commence in October. The high-resolution data collection aims to build upon promising historical intercepts and surface sample results at sites like Sukhaybarat South, Wadi Jarir, and Jabal Jumaymah.

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Energy Department Announces $500 Million Award to Revitalize American Steelmaking

Energy Department Announces $500 Million Award to Revitalize American Steelmaking

The U.S. Department of Energy announced a $500 million award to Cleveland-Cliffs' Middletown Works facility in Ohio, bolstering a $1 billion investment to modernize domestic steel production. This strategic funding, highlighted by Vice President JD Vance and Energy Secretary Chris Wright, is set to protect 2,300 American jobs and fortify the nation's critical steel supply chain. The project pivots from an initial "green premium" focus to upgrading the existing coal-fired blast furnace, deploying AI for efficiency, and commercializing blast furnace gas, reflecting a pragmatic approach to strengthening American manufacturing.

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Energy Secretary Keeps Critical Generation Available in Mid-Atlantic

Energy Secretary Keeps Critical Generation Available in Mid-Atlantic

U.S. Secretary of Energy Chris Wright has issued an emergency order directing PJM Interconnection and Constellation Energy Corporation to keep Units 3 and 4 of the Eddystone Generating Station in Pennsylvania operational from August 23, 2026, through November 20, 2026. This directive, overriding a planned May 31, 2025 shutdown, aims to prevent critical grid reliability issues and potential blackouts in the Mid-Atlantic, underscoring the ongoing national debate about maintaining baseload capacity amid energy transition efforts. The decision highlights the strategic importance of traditional power sources, including coal, natural gas, and nuclear, for ensuring grid stability during peak demand.

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Air permit granted for ReElement’s Marion refinery in Indiana, US

Air permit granted for ReElement’s Marion refinery in Indiana, US

ReElement Technologies has secured a pivotal Minor Source air permit for all four planned production lines at its rare earth element and critical mineral refinery in Marion, Indiana, a significant step towards commercial commissioning. This facility aims to produce high-purity separated products such as gallium, germanium, and various rare earths using an innovative chromatography-based process, bolstering domestic supply chains for sectors including defense, energy, and advanced manufacturing. The approval underscores collaborative efforts between industry and government to re-establish critical mineral independence in the United States.

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