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Rare Earth Mining News

57 articles about rare earth 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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EGA achieves 25% restoration of reduction cells at Al Taweelah smelter

Emirates Global Aluminium (EGA) has announced the successful restoration of 25% of its reduction cells at the Al Taweelah smelter in Abu Dhabi, United Arab Emirates, following an emergency shutdown caused by an Iranian attack in March. With 315 of 1,262 cells now operational across all three potlines, the company is on track to achieve full production by the first quarter of 2027, demonstrating remarkable resilience and strategic operational management in the face of significant challenges.

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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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Cyclic Materials raises $75m to expand rare earth production in US

Cyclic Materials has secured $75 million in a strategic financing round, bringing its total equity funding to $237 million, to accelerate its domestic rare earth recycling initiatives. This capital infusion, led by accounts advised by T. Rowe Price Associates, will expedite the development of its integrated recycling campus in South Carolina and expand its "Hub-and-Spoke" infrastructure across the United States. The expansion is critical for boosting US capacity in recycling rare earths and other essential minerals, aligning with national security priorities to strengthen domestic supply chains for vital industries.

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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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Boliden to acquire 64.7% stake in Nexa Resources from Votorantim

Boliden, the Swedish mining and smelting giant, has entered into an agreement with Votorantim to acquire its 64.68% stake in Nexa Resources for an implied consideration of $1.31 billion. This strategic transaction, valuing Nexa shares at $15.29 each, aims to establish Boliden as a global leader in zinc production and significantly expand its operational footprint across Europe and Latin America. The deal, expected to close in the first quarter of 2027, will consolidate 12 mines and eight smelters under Boliden's expanded portfolio, while Nexa continues as a separately listed entity on the NYSE.

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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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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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PLS awards TOMRA contract for 22 ore sorters at Pilgangoora, WA

Pilbara Minerals Limited (PLS), through its subsidiary Pilgangoora Operations, has awarded TOMRA Mining a significant contract to supply 22 X-ray transmission (XRT) ore sorters for the proposed P2000 expansion at its Pilgangoora lithium operation in Western Australia. This strategic move, part of PLS's pre-final investment decision (FID) early works program, aims to expand the operation's processing capacity to over two million tonnes of spodumene concentrate annually, reinforcing the role of advanced sensor-based sorting in high-throughput lithium production. The contract builds upon a long-standing partnership between PLS and TOMRA, underscoring the proven reliability and efficiency of XRT technology in critical mineral processing.

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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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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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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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Energy Department Announces $500 Million to Secure America's Critical Mineral and Battery Supply Chains

The U.S. Department of Energy's Office of Critical Minerals and Energy Innovation has allocated $500 million across seven projects to bolster American critical mineral processing, battery manufacturing, and recycling capabilities. This initiative, part of President Trump's <em>Unleashing American Energy</em> agenda, aims to diminish reliance on foreign supply chains, strengthen national security, and solidify the nation's energy independence by expanding domestic capacity. The funding represents a significant step in re-shoring vital segments of the critical materials value chain.

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Fortescue settles Queensland dispute over Gladstone electrolyser facility

Fortescue and the Queensland Government have reached a confidential settlement resolving a high-profile dispute over A$66 million in state funding for Fortescue's now-cancelled Gladstone electrolyser manufacturing facility. This agreement, announced on August 20, 2026, concludes legal action and sees the state retain significant assets, including project land and infrastructure, following Fortescue's strategic pivot away from its original electrolyser production plans. The resolution provides clarity for both parties while highlighting the complexities inherent in public-private partnerships supporting nascent green technologies.

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Viridis obtains $120m equity backing for Colossus rare earth project

Viridis Mining and Minerals has secured commitments for nearly $120 million (A$170 million) in strategic equity funding for its Colossus rare earth project in Minas Gerais, Brazil. This capital injection, from OneIM, ORE Investments, Régia Capital, and a consortium of institutional investors, surpasses the project's equity funding needs and will enable Viridis to advance major development activities. The funding positions the Colossus project to reach a final investment decision and commence construction in the fourth quarter of 2026, bolstering Brazil's role in the global critical minerals supply chain.

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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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AuKing Mining signs agreement to acquire Green Exploration

AuKing Mining has announced a binding agreement to acquire Green Exploration, a Malawian subsidiary of Tusker Minerals, for approximately A$4.85 million. This strategic transaction grants AuKing control over several key Malawian exploration assets, most notably the Machinga Rare Earth Elements Project, while allowing Tusker Minerals to sharpen its focus on its Mzimba rutile project. The deal represents a significant step in portfolio optimization for both Australian-listed companies and underscores Malawi's emerging role in critical mineral supply chains.

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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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Underground LDES: turning mines and caverns into energy storage

As global energy grids increasingly integrate intermittent renewable sources, the demand for long duration energy storage (LDES) is accelerating a shift towards innovative subterranean solutions. This article delves into how repurposed mine shafts and salt caverns are becoming critical infrastructure for LDES, specifically through Compressed Air Energy Storage (CAES) and Underground Gravity Energy Storage (UGES). Experts from Storelectric and Green Gravity discuss the technical and economic merits of these approaches, highlighting their potential to overcome limitations of conventional battery technologies and revitalize former mining assets.

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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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Critical Elements updates on Rose West assay results in Québec

Critical Elements Lithium has announced promising assay results and an operational update for its Phase 2 Summer 2026 exploration program at the wholly owned Rose West discovery site in Eeyou Istchee, Québec, Canada. The program, which deployed two drill rigs for a 10,000-meter systematic drilling campaign, has successfully expanded the mineralized footprint by an additional 300 by 300 meters and confirmed high-grade lithium and tantalum intercepts, reinforcing the site's significant resource potential and extending lateral continuity across multiple pegmatite bodies. These developments are pivotal for Critical Elements Lithium as it works to advance its portfolio of critical mineral projects in a key jurisdiction.

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Western Star launches exploration at Eagle Point project in US

Western Star Resources has commenced its inaugural exploration and drill-planning program at the Eagle Point Tungsten Project in Hidalgo County, New Mexico. The initiative, spearheaded by Dahrouge Geological Consulting, aims to systematically evaluate the past-producing property by integrating new geological data with historical records to identify prime drilling targets. This strategic move follows recent government surveys that confirmed high-grade tungsten mineralization at the surface, underscoring the project's potential in a critical mineral landscape.

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Savannah signs new land deals for Barroso Lithium Project in Portugal

Savannah Resources has announced the signing of three pivotal land access agreements with communal land groups, known as baldios, for its Barroso Lithium Project in northern Portugal. These agreements, dated August 12, 2026, are crucial for securing the necessary footprint for project development and underscore a commitment to robust community engagement through provisions for local participation, reinvestment, and indexed compensation, significantly advancing Europe's prospective critical minerals supply.

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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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Blue Moon purchases 33 US tungsten, antimony projects

Blue Moon Metals has announced the acquisition of 33 tungsten and antimony projects across the western United States from a private seller, a strategic move aimed at solidifying its position as a leading US-focused critical metals platform. Valued at approximately $20.5 million, the transaction involves a combination of shares, cash, and future milestone payments, with a key focus on developing high-grade tungsten for direct shipping to the company’s Springer facility and exploring antimony monetization opportunities. This acquisition underscores the growing importance of securing domestic critical mineral supply chains amidst increasing global demand and geopolitical considerations.

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Golden Rapture agrees deal for land south of Canada’s Goliath project

Golden Rapture Mining has strategically expanded its land holdings in northwestern Ontario by acquiring the South of Goliath Property, located just 500 meters from NexGold Mining's advanced Goliath Gold Project. This acquisition, involving a cash payment of C$600 and the issuance of 200,000 shares, positions Golden Rapture adjacent to a project boasting significant proven and probable gold and silver reserves, highlighting the ongoing exploration dynamism in Canada's prolific gold regions. The transaction awaits approval from the Canadian Securities Exchange and includes a 1.5% net smelter return royalty for the sellers.

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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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US unveils $2bn boost for domestic mining initiatives

On August 10, 2026, the US government, led by President Donald Trump, unveiled a sweeping initiative committing over $2 billion to fortify domestic critical minerals production and related manufacturing, alongside an additional $180 million for mining workforce development and education. These investments aim to bolster American supply chain security, reduce reliance on foreign sources for essential materials, and re-invigorate the nation's strategic industrial base. The package includes significant funding for companies developing everything from refractory-grade bauxite to advanced battery components and rare earth-free magnets, marking a pivotal moment for the US mining sector.

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DOE’s Office of Energy Dominance Financing Closes Loan to Strengthen Puerto Rico’s Grid, Delivering Hundreds of Millions in Electricity Cost Savings

The U.S. Department of Energy’s Office of Energy Dominance Financing (EDF) has closed a $489.4 million loan to Amanecer Puerto Rico LLC, a subsidiary of Pattern Energy, aimed at significantly bolstering Puerto Rico's electric grid. This strategic investment, announced on August 5, 2026, is projected to save Puerto Rican consumers and businesses approximately $312.5 million in electricity costs over the next 25 years while enhancing grid reliability through 220 megawatts of American-manufactured battery storage systems and a future pathway for natural gas generation. The initiative underscores a broader commitment to strengthening domestic supply chains, supporting American manufacturing, and ensuring energy security, with notable implications for the critical minerals sector.

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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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Phase one drilling begins at Decade’s Bonaparte copper-gold project

Decade Resources has initiated its pivotal phase one drilling program at the Bonaparte copper-gold project in British Columbia, Canada, targeting a blend of porphyry, intrusion-related gold, and epithermal vein systems. This initial 3,000-meter drill program across six holes aims to test significant geophysical and geochemical anomalies, building on historical high-grade gold intercepts. The project, strategically located near Kamloops, represents a key exploration focus for Decade Resources, with potential implications for North America's critical minerals supply chain.

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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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Aya Gold & Silver expands exploration in Morocco

Aya Gold & Silver has significantly expanded its exploration footprint in Morocco, acquiring a new portfolio comprising three projects across 259km² for Dh10 million ($1.06 million). This strategic move, announced on August 6, 2026, increases Aya's land package in the country by 35.4% to over 991km², positioning the company for diversified growth beyond its primary silver operations into critical and base metals. The acquisition includes the Zagora, Agadir-Melloul, and Goulmim projects, each demonstrating potential for a range of commodities from cobalt and rare earth elements to copper, lead, and gold, underscoring Aya's ambition to build a robust pipeline of future discoveries.

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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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SAGA Metals begins mobilisation for Wolverine rare earth project

SAGA Metals has initiated a significant mobilization effort at its Wolverine Heavy Rare Earth Element Project in central Labrador, Canada, preparing for a substantial 4,000–5,000-meter diamond drilling campaign. This program aims to build upon promising 2025 reverse circulation drilling results, which identified broad zones of near-surface rare earth element mineralization with high heavy rare earth oxide contributions. The systematic exploration is geared towards establishing a robust geological database essential for defining a maiden resource, strategically positioning SAGA Metals in the critical minerals sector.

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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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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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La Mancha Resource Fund to acquire 19.9% stake in Miata Metals

The La Mancha Resource Fund has announced a strategic investment of approximately C$12.7 million (US$9.03 million) to acquire a 19.9% stake in Miata Metals, making it the largest shareholder. This significant move, announced on July 30, 2026, aims to accelerate exploration at Miata's 215km² Sela Creek project in the Guiana Shield, a region La Mancha considers highly prospective for gold. The investment not only provides crucial capital but also includes investor rights, signalling a long-term, supportive partnership to advance the project toward becoming a material-scale gold system.

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Riverside receives mineral titles at Revel and Red Jacket projects

<p></p> <p>Riverside Resources has significantly expanded its mineral tenure in south-central British Columbia, Canada, by nearly doubling its land package at the Red Jacket VMS project and adding 30% to its Revel rare earth elements (REEs) project. Announced on July 31, 2026, these strategic expansions consolidate control over prospective mineral belts, enabling more extensive exploration for critical minerals in a stable jurisdiction. The move positions Riverside for advanced exploration, including airborne geophysical surveys and further fieldwork, aiming to delineate drill targets and attract potential partners.</p> <p>

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Purecore, Skyharbour sign agreement on Yurchison uranium project

Purecore Metals has finalized an agreement with Skyharbour Resources to acquire up to a 100% interest in the Yurchison uranium property, strategically located in Canada's prolific Athabasca Basin. This multi-stage earn-in deal, announced on July 31, 2026, involves significant cash payments, share issuances, and substantial exploration commitments, positioning Purecore to capitalize on a strengthening uranium market driven by increasing global electricity demand. The acquisition highlights the continued strategic importance of the Athabasca Basin for future nuclear fuel supply.

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Lake Victoria Gold launches phase three land valuation at Imwelo

Lake Victoria Gold, through its subsidiary Tembo Gold (T), is set to commence the phase three land valuation and compensation program at its Imwelo Gold Project in Tanzania on August 1, 2026. This crucial step, covering approximately 73 acres in the Imwelo A Hamlet, is essential for expanding mine infrastructure, including accommodation camps and workshop facilities, bringing the total secured land to 526 acres. This systematic land acquisition underscores the company's disciplined execution and commitment to responsible community engagement as the project transitions from permitting to its construction and production phases.

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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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