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Can Brazil become a key rare earth supplier for the West?

2026-07-02

Brazil is rapidly emerging as a pivotal contender in the global rare earth supply chain, with its vast resource base and advanced ionic clay deposits offering a strategic alternative to Chinese dominance. Insights from the "Energy Technology" podcast, featuring industry leaders and analysts, highlight the nation's geological advantages, the critical role of magnet rare earths for Western economies, and the significant challenges surrounding financing, permitting, and downstream processing that will determine its success in a competitive international market.

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Recent Articles

U.S. Department of Energy Meets President Trump’s Goal, Delivers Third Advanced Reactor Criticality

2026-07-02

The U.S. Department of Energy has successfully met President Trump’s executive order, achieving criticality in three advanced microreactors—Deployable Energy’s Unity, Antares Nuclear’s Mark-0, and Valar Atomics’ Ward 250—before the July 4, 2026 deadline. This unprecedented milestone, marking the first time a nation has brought three unique advanced microreactor designs to criticality in a single month, signals a significant rebirth of nuclear energy innovation in the United States and holds profound implications for national energy security and the mining sector's future.

First Mining Gold secures EA approval for Springpole project

2026-07-02

First Mining Gold has secured critical environmental assessment approval from the Canadian government for its Springpole Gold Project in north-west Ontario, following a comprehensive review process initiated in 2018. This federal "Decision Statement" allows the company to advance one of Canada's largest undeveloped gold resources, located 110km north-east of Red Lake, under strict conditions for environmental management and community engagement. The approval is anticipated to be a significant economic catalyst for the region, paving the way for further engineering work and eventual construction.

Rincon Resources to sell 90% of Lyza Mining to Maverick

2026-07-02

Rincon Resources has entered a binding agreement to divest 90% of its interest in Lyza Mining, which holds the West Arunta Project tenements in Western Australia, to Maverick Minerals Australia. This strategic transaction, valued at an upfront A$600,000 with additional deferred payments, allows Rincon to secure capital and retain a free-carried 10% joint venture interest while significantly reducing its exploration funding requirements. The move enables Rincon to reallocate resources towards its other core projects, particularly the Telfer South Gold-Copper Project, underscoring a trend of strategic portfolio optimization within the junior exploration sector.

Energy Secretary Secures Mid-Atlantic Grid Ahead of Period of Hot Weather

2026-07-01

The U.S. Department of Energy (DOE) issued two emergency orders on June 30, 2026, to stabilize the Mid-Atlantic power grid and avert potential blackouts stemming from anticipated record-breaking peak electricity demand fueled by severe hot weather. These directives, targeting PJM Interconnection, LLC, involve dispatching specific generation units and activating backup resources, highlighting the critical need for grid reliability and resilient energy infrastructure across the nation. For the mining sector, these developments underscore the ongoing pressures on power supply, the imperative for stable energy costs, and the growing demand for raw materials essential for grid modernization and energy security initiatives.

The UK’s lithium moment: new issue of MINE out now!

2026-07-01

The latest issue of MINE digital magazine, published on June 30, 2026, by Alejandro Gonzalez, centers on the dynamic lithium sector, exploring its crossroads after a decade of rapid growth. This comprehensive edition delves into the UK’s potential for a domestic lithium industry, direct lithium extraction advancements in the US, and the critical role of decarbonization technologies and cybersecurity in mining. Additionally, a dedicated Australia supplement provides in-depth analysis on metallurgical coal, uranium expansion, and innovative lithium production in the region, offering vital insights for mining industry professionals navigating evolving global commodity markets and strategic priorities.

South32 agrees conditional $5.6bn aluminium asset sale to Alcoa

2026-07-01

South32 has signed a conditional agreement to divest its aluminium value chain assets to Alcoa for an implied enterprise value of up to $5.6 billion, marking a significant strategic realignment for both companies. The transaction, encompassing major bauxite, alumina, and aluminium smelting operations across Australia, South Africa, and Brazil, will see South32 shed its exposure to the aluminium sector to focus on base and precious metals, while Alcoa substantially expands its integrated Bauxite-to-Aluminum portfolio globally. The complex deal involves upfront cash, Alcoa shares, assumed debt, and contingent payments, subject to numerous shareholder and regulatory approvals.

Hancock starts production at $579m McPhee Creek mine

2026-06-30

Hancock Iron Ore has successfully commenced production at its A$840 million ($579 million) McPhee Creek mine in Western Australia's Pilbara region, overcoming regulatory delays to deliver its first ore after nearly 19 months of development. This significant milestone for the Australian mining giant, led by executive chairman Mrs. Gina Rinehart AO, underscores the continued investment and strategic importance of the Pilbara in the global iron ore market, integrating new production with existing infrastructure at the Roy Hill facility.

Rethinking slurry pump sealing: design, integration, and total cost of ownership

2026-06-30

The global mining industry is under increasing pressure to balance operational efficiency and sustainability, driving a critical re-evaluation of fundamental operational components like slurry pump sealing. Published on June 29, 2026, this analysis highlights a significant shift from conventional, flush-water-dependent seals to integrated mechanical seals, which promise substantial reductions in water consumption and maintenance costs. This strategic move, exemplified by KSB's innovative LAPIS slurry seal designed for GIW® slurry pumps, signals a future where engineered integration is key to lowering total cost of ownership (TCO) and enhancing overall operational reliability.

Second gold doré bar poured at Pacgold’s White Dam project

2026-06-29

Pacgold has announced its second gold doré pour, weighing 97oz, from the White Dam Gold Project in South Australia's Olary Province, signaling significant operational ramp-up and cash flow generation. Concurrently, the company is accelerating development plans for the Vertigo prospect, targeting an earlier restart of mining operations by late 2026, supported by extensive drilling and engineering work to expand resources and optimize production pathways. These advancements, coupled with ongoing heap leach pad expansion initiatives, underscore Pacgold's strategic push to enhance output and capitalize on its asset base.

Legacy Minerals begins geophysical surveys at Mt Carrington in NSW

2026-06-29

Legacy Minerals has initiated significant ground geophysical surveys at its Mt Carrington Project in New South Wales, Australia, focusing on the Battery and Mascotte prospects. This dipole-dipole induced polarisation (DDIP) survey, conducted by Fender Geophysics, aims to delineate extensions to high-grade gold, silver, and copper mineralisation identified in previous drilling campaigns. The data gathered is critical for refining geological models and designing subsequent targeted drilling programs, advancing the project towards a new 2026 Mineral Resource Estimate and an upcoming scoping study.