Loading commodity prices...

Latest Articles

Recent Articles

Energy Secretary Continues to Strengthen Puerto Rico's Energy Grid with Renewed Orders

Energy Secretary Continues to Strengthen Puerto Rico's Energy Grid with Renewed Orders

The U.S. Department of Energy has renewed two emergency orders for Puerto Rico, effective February 10, 2026, through May 11, 2026, to further fortify the island's electric grid ahead of the 2026 hurricane season and rising energy demand. These orders, initially issued in May 2025 and subsequently renewed, empower the Puerto Rico Electric Power Authority (PREPA) to manage critical generation units and accelerate crucial vegetation management, contributing to a significant increase in systemwide generation capacity and enhancing grid reliability. This strategic federal intervention highlights the critical importance of resilient energy infrastructure, a cornerstone for industrial stability and material demand globally, with significant implications for the mining sector's role in supplying essential raw materials.

Read More →
Core Lithium to sell Finniss stockpile to Glencore International

Core Lithium to sell Finniss stockpile to Glencore International

Core Lithium has finalized a binding agreement to sell its remaining 5,100 dry metric tonnes of spodumene concentrate stockpile from the Finniss Lithium Project to Glencore International. Valued at $2,023/dmt, this strategic sale is crucial for providing additional funding, reactivating the logistics chain to Darwin Port, and building momentum towards a potential restart of Finniss operations, which were previously halted in 2024 due to a precipitous drop in lithium prices.

Read More →
Project ramp-ups and new projects set to lift Australia’s iron ore output in 2026

Project ramp-ups and new projects set to lift Australia’s iron ore output in 2026

Australia is poised for a significant increase in iron ore production in 2026, with output projected to rise by 2.6% to 993.4 million tonnes, driven by the ongoing ramp-up of key projects like MRL’s Onslow, Rio Tinto’s Western Range, and Fortescue’s Iron Bridge, alongside new mine start-ups. This growth follows an estimated 1.4% increase in 2025, solidifying Australia’s position as the world's leading iron ore supplier, though the long-term outlook to 2035 includes both substantial new capacity and planned mine closures.

Read More →
Secretary Wright Arrives in Caracas to Further President Trump's Historic Energy Deal

Secretary Wright Arrives in Caracas to Further President Trump's Historic Energy Deal

U.S. Secretary of Energy Chris Wright arrived in Caracas on February 11, 2026, marking a pivotal moment for "President Trump’s historic U.S.-Venezuela Energy Deal." This high-level visit involves engagements with interim Venezuelan leadership, including interim President Delcy Rodriguez, local business leaders, and on-site assessments of the nation's oil fields, all aimed at restoring prosperity, safety, and security for Venezuela, the United States, and the broader Western Hemisphere. The initiative holds significant implications for global energy markets, geopolitical stability, and the interconnected mining industry, influencing everything from energy costs to regional investment climates.

Read More →
Eureka Lithium acquires Cabin Lake and Tyee Projects in Canada

Eureka Lithium acquires Cabin Lake and Tyee Projects in Canada

Eureka Lithium has significantly diversified its asset base by acquiring 100% stakes in the polymetallic Cabin Lake Project in British Columbia and the titanium-vanadium Tyee Project in Quebec. This strategic move, completed through the purchase of Stairway Mining for 9.1 million common shares and potential C$1 million in milestone payments, expands Eureka's exposure beyond lithium into critical minerals essential for defense, electrification, and advanced manufacturing within mining-friendly Canadian jurisdictions. The acquisition signals Eureka's intent to grow into a multi-commodity exploration company, leveraging the geological potential and existing infrastructure of these promising Canadian assets.

Read More →
Energy Department Announces $175 Million to Modernize Coal Plants, Keeping Affordable Reliable Power Online for Americans

Energy Department Announces $175 Million to Modernize Coal Plants, Keeping Affordable Reliable Power Online for Americans

The U.S. Department of Energy (DOE) has allocated $175 million across six projects aimed at modernizing and extending the operational life of coal-fired power plants serving rural and remote U.S. communities. This initiative, part of a broader $525 million effort, seeks to enhance grid reliability, secure affordable electricity, and preserve high-wage energy jobs, particularly in Appalachia, marking a significant policy shift to reinvigorate the domestic coal industry.

Read More →
Secretary Wright Delivers Remarks Alongside Interim Venezuelan President Delcy Rodriguez

Secretary Wright Delivers Remarks Alongside Interim Venezuelan President Delcy Rodriguez

U.S. Secretary of Energy Chris Wright announced on February 11, 2026, a significant shift in U.S. policy towards Venezuela, signaling a renewed focus on commerce, peace, and prosperity through economic engagement. Following meetings with Interim President Delcy Rodriguez in Caracas, Secretary Wright detailed President Trump's agenda to dramatically increase Venezuelan oil, natural gas, and electricity production through an expedited licensing process. Crucially for the mining industry, Wright also highlighted Venezuela's "immense" natural resources in "mining, minerals," indicating a broader strategic intent to unlock the country's full resource potential and create substantial investment opportunities for U.S. and international firms.

Read More →
Energy Department Announces 26 Genesis Mission Science and Technology Challenges to Accelerate AI-Enabled American Innovation and Leadership

Energy Department Announces 26 Genesis Mission Science and Technology Challenges to Accelerate AI-Enabled American Innovation and Leadership

The U.S. Department of Energy (DOE) announced on February 12, 2026, the launch of 26 pivotal science and technology challenges under its Genesis Mission, aimed at harnessing artificial intelligence (AI) to accelerate innovation across energy, national security, and discovery science. This ambitious initiative, driven by Presidential Executive Orders, seeks to double the pace of U.S. research and development within a decade by integrating AI with world-class facilities and public-private partnerships, offering substantial implications for the mining industry's operational efficiency, resource discovery, and technological advancement.

Read More →
Energy Secretary Prevents Closure of Coal Plant That Provided Essential Power During Winter Storm

Energy Secretary Prevents Closure of Coal Plant That Provided Essential Power During Winter Storm

U.S. Energy Secretary Chris Wright has issued an emergency order to keep Consumers Energy's J.H. Campbell coal-fired power plant in West Olive, Michigan, operational through May 18, 2026. This directive aims to mitigate critical grid reliability issues in the Midwestern region, following the plant's essential role in stabilizing the power supply during recent winter storms. The decision underscores growing concerns about the premature retirement of dispatchable generating assets and their impact on energy security amidst the ongoing energy transition.

Read More →
Energy Secretary Keeps Critical Generation Online in Mid-Atlantic

Energy Secretary Keeps Critical Generation Online in Mid-Atlantic

The U.S. Department of Energy (DOE) has again intervened to prevent the shutdown of crucial natural gas and oil-fired generation units at the Eddystone Generating Station in Pennsylvania, issuing an emergency order on February 23, 2026. This directive, targeting Units 3 and 4, mandates PJM Interconnection and Constellation Energy Corporation to keep the units online from February 24, 2026, to May 24, 2026, citing persistent critical grid reliability concerns in the Mid-Atlantic region. The move underscores growing challenges in maintaining stable power supply amidst an evolving energy landscape, with significant implications for energy-intensive industries like mining.

Read More →