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Iron Ore Mining News

46 articles about iron ore mining

SSH named preferred contractor for Cavalier’s Crawford stage one

Cavalier Resources has selected SSH Group as the preferred mining services contractor for Stage One of its Crawford Gold Project in Western Australia, marking a pivotal step towards active production. The companies have signed a Letter of Intent for an initial-phase contract expected to span approximately 12 months, focusing on the oxide pit defined in Cavalier’s April 2026 pre-feasibility study. This strategic partnership underscores both companies' commitment to advancing the Crawford project, with definitive agreements and securing Stage One funding as the next critical milestones.

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Maglut unveils chromatography platform for rare earth processing in US

Maglut Heavy Industries has unveiled its proprietary ARC-1 rare earth separation system, a chromatography-based platform designed to domestically process and refine rare earth elements (REEs) in the US. This water-based technology, revealed at a closed event in Long Beach, California on August 27, 2026, aims to provide a cost-competitive and environmentally favorable alternative to traditional solvent extraction, addressing the critical need for secure and independent US rare earth supply chains amidst escalating geopolitical tensions and upcoming defense sector regulations.

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Forrestania awards $104m Johnson Range mining contract to MEGA

Forrestania Resources has awarded a substantial A$145 million (approximately $104.2 million USD) open-pit mining contract for its Johnson Range Project in Western Australia to MEGA Resources, marking a pivotal transition from the planning to the execution phase. This two-year agreement, announced on August 28, 2026, encompasses all critical mining activities from drilling and blasting to ore haulage and infrastructure development, solidifying a strategic partnership between the two entities. The selection of MEGA, following a competitive tender, underscores its proven operational capabilities and commitment to safety, performance, and integrated mining solutions.

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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

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

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

<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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UK National Wealth Fund to invest up to $96.8m in Tungsten West

<p><strong></strong></p> <p>The UK’s National Wealth Fund is set to invest up to £71 million (approximately $96.8 million) in Tungsten West to facilitate the recommencement of operations at the strategically important Hemerdon tungsten and tin mine in Devon. This substantial funding, comprising both equity and loans, aims to bolster the UK's domestic supply of critical minerals vital for sectors such as defence, aerospace, and advanced energy, while also fostering economic development and job creation in the South West region. The initiative underscores the UK Government’s commitment to securing resilient supply chains amidst increasing international supply volatility.</p> <p><strong>

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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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Peru investigates fatal accident at Las Bambas copper mine

A tragic incident at MMG's Las Bambas copper mine in Peru resulted in two fatalities and three injuries during pump replacement maintenance on August 18. Peru’s National Superintendency of Labor Inspection (Sunafil) has launched an investigation, prompting a temporary suspension of operations at the mine, which accounts for approximately 2% of global copper output. This event underscores the critical importance of safety protocols in high-altitude mining environments and highlights the operational risks inherent in the sector.

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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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Vox Royalty Australia to acquire two mining royalties

Vox Royalty Australia has announced a binding agreement to acquire two significant mining royalties in Queensland and Western Australia for up to A$3.4 million in cash. These acquisitions, covering the Kalman copper-molybdenum-gold-rhenium deposit and a broad exploration package in Western Australia, strategically enhance Vox's Australian portfolio with assets offering exposure to critical minerals and proximate processing infrastructure, underlining the company's focus on high-potential, de-risked investments. The deal includes a 2% royalty on the Kalman project, which is poised for potential fast-tracked development by Austral Resources, and a 1-1.5% net smelter return royalty over 1,700km² in Western Australia.

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ANM confirms 13 dead, seven injured in Colombia gold mine landslide

A tragic landslide at an unlicensed open-pit gold mine in Colombia on August 21, 2026, has claimed 13 lives and injured seven, underscoring the severe safety risks inherent in informal mining operations. The incident, occurring in the village of Puerto Rico, Nariño, involved unstable soil conditions and the alleged use of heavy machinery without proper regulation, drawing immediate response from the National Mining Agency (ANM) and highlighting the critical challenges of oversight and formalization within Colombia's extensive artisanal mining sector. This event adds to a concerning pattern of fatal accidents in the country's unregulated mining landscape, where hundreds of thousands rely on such activities for their livelihoods.

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Amigo Resources, STAMICO sign MoU for graphite project in Tanzania

Amigo Resources and the State Mining Corporation of Tanzania (STAMICO) have signed a memorandum of understanding to explore a graphite tailings recovery and beneficiation project in Tanzania. This collaborative effort aims to assess the technical, commercial, and regulatory feasibility of extracting valuable graphite from previously overlooked waste material, potentially transforming historical mining residues into a significant economic and sustainable resource. The initiative, announced on August 21, 2026, highlights a strategic move towards resource optimization and sustainable mining practices within a critical mineral sector.

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Expert insights: Mining more with less

The global mining industry, projected to grow to US$2.8 trillion by 2030, faces the complex challenge of meeting surging critical mineral demand while simultaneously decarbonizing its operations. An upcoming webinar, "Mining More with Less: Navigating the Demand vs Emissions Challenge," hosted by GlobalData and featuring Mobil (ExxonMobil) insights, will explore practical strategies for emissions reduction, including renewable energy adoption and advanced lubrication, as 90% of operators target a minimum 30% reduction in Scope 1 and 2 emissions by 2030.

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Fortescue’s Green Metal Project produces first hot metal

Fortescue has achieved a significant milestone by producing the inaugural hot metal at its Green Metal Project in Christmas Creek, Western Australia, utilising an electric smelting furnace. This pilot operation marks a critical step in the company's strategy to develop lower-emission iron-making technologies and produce commercial-scale green metal from Pilbara ore, moving away from traditional coal-based methods. The development underscores Australia's potential to leverage its abundant renewable energy resources and vast iron ore reserves to become a leader in global decarbonisation efforts within the heavy industry sector.

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Rox formalises Badimia Barna agreement for Youanmi operations

Rox Resources has formalized a binding native title mining agreement with the Badimia Barna Native Title Claim Applicant for its Youanmi Gold Mine in Western Australia. This pivotal agreement, covering existing and future tenements held by Rox Resources and its subsidiary Rox (Murchison), grants consent for mining tenure and approvals while establishing frameworks for heritage protection, environmental stewardship, and significant employment and training opportunities for the Badimia people. The accord, which includes an upfront payment and a production-based royalty, is a crucial step for the Youanmi project as it targets potential gold production by mid-2027, following a Final Investment Decision approved in March 2026.

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First stope blast completed at Bunker Hill Mine in Idaho, US

Bunker Hill Mining has completed the first production stope blast at its fully owned mine in Idaho, US, marking a pivotal step towards commercial production by the end of 2026. This milestone follows extensive rehabilitation and infrastructure upgrades, demonstrating significant progress in re-establishing operations at the historic site. The company is employing advanced transverse longhole stoping and a paste backfill system, emphasizing both operational efficiency and environmental stewardship.

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American Rare Earths, Novex sign MoU for rare earth oxides

American Rare Earths (ARR) has signed a Memorandum of Understanding (MoU) with Novex, a US-based technology company, aimed at establishing a fully domestic rare earth mine-to-magnet supply chain. This collaboration, formalized on August 17, 2026, through ARR’s subsidiary Wyoming Rare (USA), focuses on converting rare earth oxides from ARR's Halleck Creek Project into essential metals for permanent magnets, addressing a critical bottleneck in US strategic material independence. The initiative is particularly timely given new US defense regulations prohibiting Chinese-sourced rare earth magnets from January 2027.

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US boron: from critical minerals policy to domestic production

The United States is strategically moving to re-establish domestic boron production, identifying the mineral as critical for defense, semiconductors, and advanced manufacturing. 5E Advanced Materials’ Fort Cady project in Southern California, now fully permitted and backed by initial government financing, is positioned to become the nation's first new boron producer in decades, supporting a complete domestic value chain from extraction to advanced materials. This initiative aims to reduce reliance on foreign supply chains and bolster national security.

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Vale, ABB sign deal to expand automation at Brazil iron ore plants

<p></p> <p>Vale, a global mining giant, and ABB, a leader in industrial technology, have forged a strategic partnership to significantly expand automation, digitalization, and integrated IT/OT solutions across Vale’s iron ore processing operations in Brazil. This landmark agreement follows the successful implementation of advanced technologies at Vale’s Conceição II Model Plant, which was inaugurated in June 2026 and has already demonstrated substantial improvements in productivity, ore quality, and safety. The initiative is a cornerstone of Vale's ambitious "Mining of the Future" strategy, aiming to replicate these proven benefits across multiple facilities and set a new standard for operational excellence in the sector.</p> <p>

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Energy Secretary Announces Cancellation of Three Proposed National Interest Electric Transmission Corridors

The U.S. Department of Energy, under Secretary Chris Wright, announced on August 12, 2026, the cancellation of three proposed National Interest Electric Transmission Corridors, citing concerns over reliability, costs, and community feedback. This decision marks a significant shift in national energy policy, moving away from previous "decarbonization" initiatives towards a focus on strengthening the existing grid for affordable and reliable electricity, backed by substantial investments in conventional transmission infrastructure. The implications for the mining sector are significant, particularly concerning energy costs, grid stability for operations, and demand for critical materials used in traditional grid upgrades.

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Headwater Gold and Newmont sign earn-in agreement for Jupiter project

Headwater Gold and Newmont USA, a subsidiary of global mining giant Newmont, have formalized an earn-in agreement for the Jupiter gold project in Nye County, Nevada, as announced on August 14, 2026. This strategic partnership allows Newmont to potentially acquire up to a 75% interest in the 7,000-acre project by investing $30 million in exploration and delivering a pre-feasibility study. The deal underscores continued confidence in Nevada's gold potential and highlights a common strategy where junior explorers leverage major company capital for project advancement.

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West Red Lake Gold completes phase one of Madsen Mine shaft upgrade

West Red Lake Gold Mines has successfully completed Phase One of its Madsen Mine shaft upgrade in Ontario, Canada, allowing for the safe hoisting of gold ore and waste at an initial capacity of 200 tonnes per day. This significant milestone is part of a phased refurbishment program aimed at restoring the historic shaft's original 2,000 tonnes per day material haulage capacity, a critical move to enhance operational efficiency and reduce costs at the Red Lake mining district operation.

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Sandvik receives orders for underground fleet at Karowe mine

Sandvik has secured a significant order from Lucara Botswana to supply a 15-unit underground fleet, along with comprehensive parts and services, for the Karowe diamond mine. Booked in the second quarter of 2026, this strategic acquisition, supported by a specialized financing package, is critical for Lucara's Karowe Underground Project, aiming to extend the mine's operational life beyond 2038 and sustain its reputation for recovering exceptional large diamonds.

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Anglo American signs iron ore supply agreement with CMRG

Anglo American has announced a year-long iron ore supply agreement with the China Mineral Resources Group (CMRG), with deliveries commencing on April 1, 2026, from its South African subsidiary, Kumba Iron Ore. This strategic move aligns Anglo American with other major miners like BHP Group in engaging with China's centralized procurement entity, signaling an evolving landscape for global iron ore trade. The deal, while representing a small portion of Anglo American's total output, highlights the continued importance of the Chinese market for high-grade iron ore.

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Energy Department Modernizes National Laboratory Operations to Strengthen America’s Scientific, Energy, and National Security Missions

On August 13, 2026, the U.S. Department of Energy (DOE) announced a significant modernization of its National Laboratories' operating directives, aiming to reduce bureaucratic hurdles and enhance efficiency. This initiative, part of President Trump's "Restoring Gold Standard Science" commitment, seeks to empower scientific personnel to focus on critical energy, national security, and innovation missions. For the mining industry, this streamlining effort signals potentially accelerated demand for critical minerals required by advanced energy and defense technologies, while also hinting at a broader governmental philosophy towards regulatory efficiency that could impact permitting processes.

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Australia, NSW governments commit $1.76bn to Tomago Aluminium

The Australian and New South Wales (NSW) governments have pledged a significant A$2.5 billion (US$1.76 billion) investment to secure the long-term future of the Tomago Aluminium smelter. This landmark commitment, announced on August 13, 2026, aims to transition the facility to 100% renewable energy by 2033, safeguard over 1,000 direct jobs, and facilitate the decarbonization of a substantial portion of NSW's electricity grid.

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How drones, LiDAR and AI are changing mine rehabilitation in Brazil

<p></p> <p>In a significant advancement for environmental stewardship within the mining sector, Brazilian mining giant Vale is deploying an innovative suite of technologies, including drones, LiDAR, and artificial intelligence, to enhance mine rehabilitation efforts. This pioneering approach, centered on the Green Cubes platform at the former <emu>Águas Claras</emu> iron ore mine, utilizes 3D digital twins to meticulously monitor biodiversity, vegetation, and overall restoration progress, setting a new benchmark for transparency and efficiency in post-mining land remediation.</p> <p>

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Energy Secretary Continues Progress to Strengthen Energy Reliability in Puerto Rico

<p><br />The U.S. Department of Energy (DOE) has renewed critical emergency orders for Puerto Rico, authorizing the Puerto Rico Electric Power Authority (PREPA) to maintain essential generation capacity and intensify vegetation management. Effective August 10, 2026, through November 7, 2026, these measures are designed to bolster the island’s electric grid against rising demand and the ongoing hurricane season, building upon previous interventions that have restored nearly 1,600 megawatts of generation capacity and significantly increased federal vegetation clearing projects. This sustained federal commitment underscores the vital importance of reliable energy infrastructure for industrial stability and economic development, offering key insights for the mining sector regarding infrastructure investment and material demand.</p> <p>

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US DFC to fund Harena Rare Earths’ Madagascar mine

News US DFC to fund Harena Rare Earths’ Madagascar Mine The investment aims to advance the development of the Ampasindava Ionic Clay Rare Earth Project. Shree Mishra August 10, 2026 Share Copy Link Share on X Share on Linkedin Share on Facebook Rare earth elements play a key role in sectors such as robotics, electronics, and defence. Credit: Phawat/Shutterstock.com. The US International Development Finance Corporation (DFC) is set to offer project development funding for Harena Rare Earths plc’s mine located in Madagascar. The funding was announced at the American Mining Industry event held at the US Department of State, representing DFC’s first mining investment in Madagascar. Go deeper with GlobalData Reports Hardeo Damanka Mine Reports VFC-Louder Creek E, F, G, H Mine Go deeper with GlobalData The gold standard of business intelligence. Find out more Discover B2B Marketing That Performs Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms. Find out more This investment aims to advance the development of the Ampasindava Ionic Clay Rare Earth Project, which is fully owned by Harena Rare Earths. The site contains significant concentrations of neodymium, dysprosium and praseodymium, which are used in high-performance magnets for advanced manufacturing...

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Lessons from the Iran war: China’s oil buffer and energy resilience, tested

The 2026 Iran war and the subsequent closure of the Strait of Hormuz tested China's energy resilience, yet the world's largest crude oil importer appeared relatively immune to the initial shock. This article delves into China's decade-long strategic preparations, including substantial commodity stockpiles, vast petrochemical capacity, and a massive electrification drive, which have insulated it from extreme price volatility. We explore expert analyses on the effectiveness of these buffers, China's potential to influence global oil markets, and the complex implications for the global mining industry.

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Norsemont expands land position at Choquelimpie

Norsemont Mining has significantly expanded its land package at the wholly-owned Choquelimpie gold-silver project in northern Chile, adding 3,291 hectares to bring the total to 9,048 hectares. This strategic expansion, driven by new geological interpretations identifying extensions to known mineralized trends, enhances the potential of the past-producing high-sulfidation epithermal system, which already hosts substantial indicated and inferred gold-equivalent resources and existing infrastructure. The move underscores Norsemont's systematic approach to advancing Choquelimpie and its commitment to unlocking further value in a key Chilean mining region.

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Energy Department Launches $100 Million Initiative to Build America’s Critical Minerals Workforce, Strengthen Domestic Supply Chains

The U.S. Department of Energy (DOE) has launched the $100 million Providing Opportunities for Specialized Education in Critical Technologies (PROSPECT) initiative, aimed at bolstering America's critical minerals workforce and securing domestic supply chains. Announced on August 7, 2026, by the DOE’s Office of Critical Minerals and Energy Innovation, this program seeks to double the number of graduates in mining and related fields within two years and address a projected need for 6,000 new mining engineers over the next decade. PROSPECT represents a significant federal investment in education and training to reduce reliance on foreign adversaries for essential materials.

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Case study: How mining’s toughest environments demand a tailor-made protection strategy

The global mining sector is confronting unprecedented challenges that demand specialized lubrication strategies, moving beyond traditional OEM specifications. A recent case study highlights Petro-Canada Lubricants' PRODURO™ TO-4+ UHP, which demonstrated significant improvements in equipment life and film thickness during a two-year field trial with a major Canadian mining fleet, addressing the rigorous demands of extreme temperatures, punishing loads, and continuous autonomous operations. This innovation offers a pathway to enhanced reliability, reduced maintenance, and improved cost efficiency for modern mining fleets globally.

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Guinea selects Glencore as bauxite offtaker for Nimba

Guinea's government has strategically selected Glencore as the bauxite offtaker for its state-owned Nimba Mining, a move designed to enhance state oversight and optimize export volumes from the world's leading bauxite supplier. This decision follows Nimba Mining's recent takeover of a significant concession and aligns with Guinea's broader ambition to diversify its mineral sector and add value domestically, including new ventures in gold and iron ore. The agreement underscores the increasing trend of resource-rich nations asserting greater control over their critical mineral assets.

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United States to Host International Atomic Energy Agency Launch for New Maritime Nuclear Initiative

The United States is set to host the ministerial launch of the International Atomic Energy Agency’s (IAEA) new ATLAS initiative in Washington, D.C., on August 26–27, 2026. This landmark event will establish an international framework for the safe and secure deployment of nuclear technologies in the maritime sector, addressing legal and regulatory complexities for advanced applications like floating nuclear power plants and civil nuclear-powered ships. The initiative holds significant implications for the mining industry, particularly regarding future demand for uranium and other critical minerals essential for advanced nuclear reactor development.

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AuKing Mining agrees to purchase Malawi’s Machinga HREE project

AuKing Mining has announced the acquisition of 100% of the Machinga Heavy Rare Earth Elements (HREE) Project in southern Malawi, a strategic move reinforcing its commitment to critical minerals. This project, covering two exploration licenses totaling approximately 200.4km², is situated within the geologically significant Chilwa Alkaline Province, known for its rare earth potential. The acquisition, valued at A$750,000 in cash and A$750,000 in shares, plus A$1.25 million in performance shares tied to a JORC resource milestone, positions AuKing to capitalize on a high-grade HREE deposit with characteristics similar to globally recognized projects, offering potential for open-pit mining.

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MaxMine launches AI assistant for mining industry

MaxMine has introduced MAXI, an innovative AI assistant specifically designed for fleet management systems in the mining industry, launching on August 3, 2026. This development aims to significantly improve data accessibility and operational efficiency for site supervisors by providing real-time insights and automating shift reporting. Early trials at Queensland mine sites with Batchfire Resources have demonstrated MAXI's potential to enhance safety, accountability, and communication between operators and supervisors through practical short interval control.

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Cove Kaz Capital Group engages operators for Kazakhstan tungsten DFS

Cove Kaz Capital Group has announced the appointment of a consortium of international engineering firms to conduct a definitive feasibility study (DFS) for its Northern Katpar tungsten project in Kazakhstan. This critical step, which commenced in July 2026 and is slated for completion by the end of 2027, is poised to unlock significant tungsten resources and is strategically aimed at addressing a systemic global shortage, with strong backing from US financial institutions. The project, alongside the nearby Upper Kairakty deposit, targets an annual production of 12,000 tonnes of tungsten trioxide, representing approximately 15% of current global mine output.

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Element 25 and OM Materials agree binding manganese supply contract

Element 25, through its subsidiary Butcherbird Operations, has solidified a critical long-term binding offtake agreement with OM Materials, a subsidiary of OM Holdings, for all manganese concentrate produced at its Butcherbird Mine in Western Australia. This strategic five-year deal, extendable by another five, is pivotal for financing the Butcherbird Expansion Project, which aims to increase output to 1.1 million tonnes per annum, and includes provisions for future battery-grade material production. The agreement, announced on August 4, 2026, features a take-or-pay structure, pricing linked to international benchmarks, and crucial prepayment provisions to support the project's cash flow needs as it targets commissioning in Q1 2027.

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Canada Nickel’s Crawford project gains federal approval

Canada Nickel Company has secured landmark federal approval for its Crawford nickel project in north-eastern Ontario, marking the first mining project cleared under Canada's amended Impact Assessment Act since 2019. This pivotal decision positions Crawford to become the Western world's largest nickel sulphide operation and North America's sole primary source of chromium, critical for defence, aerospace, and electric vehicle industries, while also aligning with the company's vision for a zero-carbon industrial cluster. The expedited approval process, strong Indigenous partnerships, and commitment to innovative, sustainable mining practices set a significant precedent for future major natural resource developments across Canada.

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Allied Gold and Zijin Gold end arrangement agreement

Allied Gold and Zijin Gold International Company have terminated their C$5.5 billion definitive agreement for Zijin's acquisition of Allied Gold, citing unmet conditions and external factors impacting large cross-border transactions. Despite this, Zijin will proceed with a strategic investment of approximately 1.99 billion yuan (US$295 million) in Allied Gold, securing a roughly 9.2% equity stake to support Allied Gold's key growth initiatives in Africa, including the Kurmuk project and Sadiola expansion. This strategic pivot highlights the evolving landscape of global mining M&A and the preference for collaborative investment over full takeovers amidst regulatory complexities.

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Energy Fuels starts construction on White Mesa Mill expansion

Energy Fuels has commenced construction on a significant expansion of its White Mesa Mill in Utah, aiming to establish commercial-scale production of heavy rare earth oxides, specifically terbium and dysprosium. This $104 million project is a critical step in the company's strategy to build an integrated mine-to-magnet supply chain in North America and Europe, addressing a severe pinch point in the global permanent magnet industry. The expansion, set to complete initial heavy rare earth circuits by late 2027, will leverage feedstock from the company's Donald Project in Australia and support downstream magnet manufacturing in South Korea and the United States.

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WesternX applies for mining lease at Kingsley deposit

WesternX, a wholly owned subsidiary of Metal Bank, has formally lodged a mining lease application for the Kingsley gold deposit, a cornerstone asset within the Livingstone Project in Western Australia. This strategic move, announced on July 30, 2026, marks a significant advancement in Metal Bank's stated objective of becoming a near-term gold producer, building upon similar applications for other deposits within its portfolio. The Kingsley deposit boasts a JORC 2012 Inferred Mineral Resource Estimate of 1.68 million tonnes at 1.35 grams per tonne gold, equating to 73,000 ounces, underpinning Metal Bank's development pathway in a prominent global mining jurisdiction.

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Temas, SAGA report 90.8% titanium recovery using RCL technology

Temas Resources and SAGA Metals have announced significant metallurgical validation results for Temas' Regenerative Chloride Leach (RCL) Platform Technology, achieving high recoveries of titanium (up to 90.8%), vanadium (up to 97.4%), and iron (up to 91.5%) from various mineral samples. This successful independent validation, which included processing SAGA's third-party mineralisation, marks a crucial commercial milestone for Temas and sets the stage for advanced optimization and potential future pilot-scale development, underscoring the technology's application in critical mineral extraction.

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