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Orion CMC considers acquiring stake in French miner Eramet

2026-06-13

Orion Critical Mineral Consortium (Orion CMC), a US and Abu Dhabi-backed entity, is reportedly evaluating the acquisition of a 37% stake in the French mining company Eramet from the Duval family. This potential move, occurring amid intense competition for critical minerals vital to the energy transition, would position Orion CMC as a significant shareholder alongside the French Government and aims to bolster Western mineral supply chains. The consideration comes as Eramet grapples with financial challenges and internal governance issues.

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Recent Articles

Energy Secretary Keeps Coal-Fired Power Generation Alive in the Northwest

2026-06-13

In a significant move to ensure grid stability in the U.S. Northwest, Energy Secretary Chris Wright issued an emergency order directing TransAlta Centralia Generation LLC to keep Unit 2 of the coal-fired Centralia Generating Station operational from June 15, 2026, through September 12, 2026. This decision, aimed at mitigating critical reliability issues and the risk of blackouts, follows warnings from organizations like NERC regarding energy shortfalls in the Western Electricity Coordinating Council (WECC) Northwest region. The order highlights the ongoing reliance on coal-fired generation for base-load power amidst rapidly growing demand and contributes to a broader trend of preserving coal plants from premature retirement, directly impacting the domestic thermal coal mining industry.

Larvotto signs deal to acquire 100% of Hammer Metals

2026-06-13

Larvotto Resources has announced a binding scheme implementation deed to acquire 100% of Hammer Metals, a strategic move set to create a diversified critical minerals and precious metals company in Australia. The acquisition, valued at approximately A$54 million, will merge Larvotto’s Hillgrove Antimony-Gold Project in New South Wales with Hammer’s significant Mt Isa copper and critical minerals portfolio in Queensland, establishing a combined copper-equivalent resource of around 530,000 tonnes in the Mt Isa district alone. This consolidation is further bolstered by a A$15 million strategic investment from Glencore, underscoring the potential for rapid development and production commencement at the Hillgrove project by August 2026.

Metso invests in new mineralogy analysis equipment in Finland

2026-06-13

Metso has significantly bolstered its research capabilities with the installation of a TESCAN TIMA automated mineralogy analyser at its Research Centre in Pori, Finland. Announced on June 12, 2026, this strategic investment aims to provide mining customers with faster and more comprehensive mineralogical data, crucial for optimizing mineral processing, hydrometallurgy, and pyrometallurgy operations. The advanced system, combining high-resolution field-emission scanning electron microscopy with multi-detector elemental analysis, underscores Metso's commitment to innovation, risk reduction, and improved resource efficiency across the global mining sector.

Mining lubrication technology: The critical role it plays in autonomous mining safety

2026-06-12

The rapid global adoption of autonomous haul trucks, with an 84% increase between July 2024 and July 2025 according to GlobalData, is revolutionizing mine safety and productivity. This surge in continuous, around-the-clock operations places unprecedented demands on equipment, making advanced lubrication technology and smarter oil management indispensable for ensuring reliability, extending service intervals, and maintaining the integrity of these high-utilization fleets. The integration of cutting-edge lubricants and proactive monitoring systems is proving critical for sustaining the safety benefits and operational efficiencies promised by automation.

BHP, BOTON sign agreement for mining conveyor systems

2026-06-12

BHP, a global mining giant, has formalized a strategic global framework agreement with Wuxi BOTON Technology, a Chinese leader in conveyor systems. Signed in May 2026, this collaboration extends beyond traditional product supply to focus on jointly developing advanced automation technologies for conveyor operations, enhancing sustainability through supply chain carbon footprint monitoring, and bolstering global service support. This partnership aims to improve productivity, reduce environmental impact, and advance the safety and efficiency of mining operations worldwide, leveraging innovations like AI-based belt alignment and robotic inspection tools.

FACT SHEET: The Energy Department is Unleashing Beautiful, Clean Coal

2026-06-11

The U.S. Energy Department, under the Trump Administration, announced on June 4, 2026, a significant expansion of its efforts to support and revitalize the American coal industry. This initiative, highlighted by a commitment to save or support an additional 17 coal plants and one export facility, builds on previous actions that have already impacted 45 coal plants and more than 40 gigawatts of coal power, aiming to enhance grid reliability, national security, and support American coal workers. The comprehensive strategy includes substantial investments in building, modernizing, and recommissioning coal-fired power plants, alongside bolstering domestic coal supply chains through Defense Production Act funding, with a claimed total of $50 billion in saved generation costs and the likely continued operation of at least 42 coal mines.

Fulcrum EnviroTech, TDI sign deal on mine waste pilot plant

2026-06-11

Fulcrum EnviroTech, a subsidiary of Fulcrum Metals, has partnered with Test Design Implement Solutions (TDI) to establish a pilot plant in Ontario, Canada, focused on recovering precious and critical metals from historic mine waste using innovative cyanide-free technology. This initiative, supported by Extrakt Process Solutions and Bechtel Energy Technologies & Solutions, represents a significant step towards commercializing sustainable value extraction from legacy mining sites, beginning with material from Fulcrum’s Teck-Hughes project. The 2.4-tonnes-per-day facility aims to gather crucial operational and metallurgical data, paving the way for broader application across Ontario’s resource-rich regions.

Austin Metals starts RC drilling at gold project in WA

2026-06-11

Austin Metals has initiated a significant 4,000m reverse circulation (RC) drilling campaign at its 111km² Austin Gold Project in Western Australia's Murchison region. Commencing in June 2026, the program targets high-priority gold prospects within the Northern Zone, specifically focusing on the Brunswick Hill and Mt Sandy areas, seeking to delineate and extend mineralisation in BIF-hosted and shear-related gold systems. The results, expected within four to six weeks post-drilling, are crucial for updating geological models and guiding future exploration efforts at this emerging regional gold play.

Energy Department Releases Finalized Fusion Science and Technology Roadmap to Accelerate Commercial Fusion Power

2026-06-10

The U.S. Department of Energy (DOE) officially released its finalized Fusion Science and Technology (FS&T) Roadmap on June 9, 2026, outlining a comprehensive national strategy to accelerate the commercialization of fusion energy by the mid-2030s. This initiative, built on extensive public-private collaboration, aims to establish U.S. leadership in fusion by focusing on infrastructure, advanced research, and ecosystem development, with profound implications for critical mineral supply chains and broader energy transition goals within the mining industry.

Larvotto signs seven-year Hillgrove gold offtake deal with Glencore

2026-06-10

Larvotto Resources has secured a significant seven-year binding offtake agreement with Glencore for gold concentrate from its Hillgrove Antimony-Gold Project in New South Wales, Australia. This deal, covering approximately 15,000 dry tonnes per annum of concentrate, is structured on a mine-gate basis, with Glencore managing logistics. Scheduled for commissioning in August 2026, the project has now fully de-risked its primary revenue streams, following an earlier antimony offtake with Wogen Resources, providing crucial certainty for its transition into operations.