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Rare Earth Mining News

48 articles about rare earth mining

The rise of renewable diesel in lower emission mining

The mining industry is witnessing a significant shift towards renewable diesel (HVO) as a viable "drop-in" fuel alternative to reduce greenhouse gas emissions without compromising operational performance. With global capacity projected to exceed 9 billion gallons annually by 2030, this alternative offers a practical pathway for mines to meet ambitious net-zero targets and interim 2030 emission reduction goals, leveraging existing fleets and infrastructure. Early successes at Imperial Oil's Kearl and Rio Tinto's Kennecott mines demonstrate the fuel's compatibility and efficiency under demanding conditions, positioning it as a strategic option for industry-wide decarbonization efforts.

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CEMI and Marks & Clerk partner on Canadian mining innovation

The Centre for Excellence in Mining Innovation (CEMI) has forged a two-year associate partnership with intellectual property firm Marks & Clerk to serve the Mining Innovation Commercialisation Accelerator (MICA) Network. This collaboration, announced on July 16, 2026, designates Marks & Clerk as the preferred IP provider, offering critical legal, technical, and commercial support to Canadian mining innovators. The initiative is designed to fortify Canada's control over emerging mining technologies and integral intellectual property, thereby bolstering economic stability and securing critical mineral supply chains.

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Nova Minerals completes engineering for Estelle antimony pilot plant

Nova Minerals has completed the engineering and design phase for its antimony pilot processing plant at the Estelle project in Alaska, marking a significant step towards domestic antimony production. The pilot plant, designed to meet military-grade antimony trisulfide specifications established by the US Department of War, will utilize a cleaner hydrometallurgical method with construction commencing this quarter. This development positions Nova Minerals to address the critical mineral supply chain needs within the United States, particularly for defense and high-tech applications.

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Genesis and Vault Minerals sign $8.7bn merger agreement

Genesis and Vault Minerals have announced an A$12.6 billion ($8.7 billion) merger, poised to create Australia's third-largest gold producer with an estimated annual output of 600,000–700,000 ounces. The deal consolidates significant gold operations exclusively in Western Australia, including key assets near Leonora and Bardoc-Mount Monger, and is projected to yield A$2 billion in post-tax synergies. This strategic combination enhances the combined entity's resource base, financial strength, and market position in the global gold sector.

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Macmahon secures $247m contract for Mt Marion lithium project

<p class="summary">Macmahon Holdings, through its subsidiary Macmahon Underground, has secured a substantial A$355 million (US$247 million) contract to provide comprehensive mining services at the Mt Marion lithium operation in Western Australia. This three-year agreement, announced on July 15, 2026, includes an option for a one-year extension and supports a pivotal expansion by co-owners Mineral Resources and Jiangxi Ganfeng Lithium to transition the mine to underground operations and introduce a new flotation plant, significantly enhancing its role as a global lithium supplier.</p>

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ReElement withdraws from $80m Pentagon loan process

<p> ReElement Technologies, a US rare earths start-up, has withdrawn from a conditional $80 million loan process with the US Department of Defense after failing to meet federal due diligence standards. This decision impacts a broader $700 million critical minerals funding initiative designed to bolster domestic supply chains and reduce reliance on foreign nations, particularly China. The company now intends to prioritize private investment while exploring alternative forms of federal assistance for its critical minerals processing technology. </p> <p>

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Vault Strategic plans UAV magnetic survey at Nevada tungsten site

Vault Strategic Mining Corp. is launching a high-resolution, UAV-based magnetic survey at its War Bond Tungsten Project in western Nevada, aiming to refine geological models and identify future drill targets. This strategic move, leveraging cutting-edge drone technology and historical data, signifies the company's methodical approach to developing a compelling historical tungsten asset within a premier mining jurisdiction. The initiative reinforces Vault Strategic's broader focus on advancing its critical mineral portfolio, highlighted by recent tungsten project acquisitions in California and Quebec.

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Cove Kaz Capital to start site work at Kazakhstan’s Severniy Katpar

Cove Kaz Capital Group is set to commence pivotal site preparation work in July 2026 at its Severniy Katpar tungsten project in Kazakhstan. This activity, including land surveying and the establishment of drill pads, will support the final definitive feasibility study drilling for what is known as the world's largest undeveloped tungsten resource, estimated at 1.4 million tonnes of tungsten trioxide. The project, a joint effort with Tau-Ken Samruk, is strategically positioned to contribute approximately 15% of current global tungsten mine production, marking a significant advancement for the critical mineral supply chain.

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Kenorland completes initial drill programme at Western Wabigoon

Kenorland Minerals has successfully concluded its initial diamond drill program at the Western Wabigoon Project in north-western Ontario, targeting a significant 3km-long gold-in-till and heavy mineral concentrate anomaly within the W2 area. The summer 2026 campaign, comprising 4,089 meters across nine holes, confirmed key geological structures and identified visible gold in one drill hole, underscoring the project's exploration potential under an option agreement with a Centerra Gold subsidiary. Assay results, crucial for determining the project's future, are anticipated in the third quarter of 2026.

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Prairie Lithium receives DLE unit in Saskatchewan

Prairie Lithium has announced the arrival of a commercial Direct Lithium Extraction (DLE) unit at its project site in Saskatchewan, Canada, marking a pivotal step towards Phase One commercial lithium production. This DLE unit is notably four times the size of the system operating at Standard Lithium’s Arkansas project, underscoring the scale of Prairie Lithium’s initial phase. The company anticipates installation and commissioning of the unit, alongside existing infrastructure, before the end of 2026, with 100% of Phase One output already committed to Hydro Lithium via a binding off-take agreement.

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Carney seeks deeper Saudi mining, energy partnership

Canadian Prime Minister Mark Carney's recent visit to Saudi Arabia signaled a significant deepening of economic ties, resulting in over C$1 billion ($710 million) in commercial agreements focused on mining, critical minerals, and energy. This landmark visit, the first by a Canadian premier in 26 years, positions Canadian companies for substantial involvement in Saudi Arabia's ambitious Vision 2030 diversification strategy, while helping Canada reduce its dependence on the U.S. market. The partnership is set to enhance cooperation across vital sectors, including critical mineral supply chains, sustainable energy projects, and advanced technology.

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Africa’s mining sector poised for sustained growth driven by critical minerals and policy reforms

Africa's mining sector is poised for significant and sustained growth, driven by increasing global demand for critical minerals and ongoing policy reforms across the continent. While platinum remains a foundational commodity, with Africa anticipated to contribute nearly 80.5% of global production in 2025, the sector continues to navigate persistent challenges including infrastructure deficits, regulatory ambiguities, and escalating operational expenses. This outlook, detailed by a GlobalData analyst comment on July 7, 2026, underscores Africa's strategic importance in the evolving global mineral supply chain.

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Weir to supply crushing circuit for Brightstar’s Goldfield project

Weir Group has secured a significant contract to supply a complete crushing circuit, including its advanced ENDURON ET jaw and EC cone crushers, alongside WARMAN pumps and CAVEX hydrocyclones, for Brightstar Resources’ Goldfields gold project in Western Australia. This strategic partnership, facilitated by GR Engineering Services, aims to establish a 1.5 million tonnes-per-year processing facility, with Brightstar targeting its first gold pour by mid-2027. The agreement underscores Weir's commitment to delivering integrated, efficient solutions and highlights the growing investment in Australia's prolific gold sector.

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Department of Energy Celebrates Fourth Criticality Ahead of July 4th Goal

The U.S. Department of Energy (DOE) has announced that Aalo Atomics' Aalo-X advanced reactor successfully achieved zero-power fueled criticality at Idaho National Laboratory, marking the fourth such milestone under the DOE Reactor Pilot Program. This achievement surpasses the goal set by President Trump's May 2025 executive order and signifies a resurgence in American nuclear energy development. The rapid construction and successful demonstration highlight the increasing momentum for advanced nuclear technologies, with significant implications for domestic uranium demand and critical mineral supply chains within the mining industry.

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Op-Ed: Molybdenum and the geopolitics of substitution

Molybdenum's dramatic price rally, reaching $65,503/t in May 2026, signals a significant shift in the critical minerals market, driven less by typical by-product demand and more by geopolitical pressures surrounding tungsten. This surge reflects a new paradigm where "functionality scarcity" trumps simple mineral scarcity, as manufacturers redesign materials to reduce reliance on geopolitically concentrated supplies, bolstering molybdenum's strategic importance as a substitute and a critical by-product in global supply chains.

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China’s top ETF is now gold, not stocks

Three significant developments in the global gold market converged within a single week in early July 2026, signaling a profound structural shift towards the precious metal. These included central banks making their second-largest monthly gold purchase of the year, China's largest exchange-traded fund transitioning from an equity fund to a gold fund, and Citi becoming the first new clearing member of London's critical over-the-counter bullion market in a decade. These synchronized movements indicate a robust and sustained institutional and private rotation into gold, carrying significant implications for the global mining industry.

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Trump Administration Moves to Permanently End Green New Scam Appliance Mandates

The U.S. Department of Energy (DOE) has introduced a Notice of Proposed Rulemaking to dismantle home appliance and equipment efficiency mandates, aiming to reduce costs and enhance consumer choice. Announced by Secretary of Energy Chris Wright on July 2, 2026, this move aligns with President Trump's broader deregulation agenda, impacting products from air conditioners to washing machines. The proposal seeks to revise the DOE’s “Process Rule” for establishing energy conservation standards, potentially shifting demand dynamics for critical minerals and energy resources relevant to the mining sector.

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Sandvik receives underground equipment order from CoMinVi

Sandvik has secured a significant order, valued at approximately Skr340 million ($35.2 million), from Mexican mining contractor Constructora Minera Villagómez (CoMinVi) for a comprehensive fleet of underground mining equipment. This deal, booked for the second quarter of 2026, not only includes the supply of rock bolters, loaders, and trucks but also a robust four-year agreement for parts and equipment rebuilds, signalling a deepening of their two-decade-long strategic partnership. The investment underscores CoMinVi's growth ambitions in the Mexican mining sector and reinforces Sandvik's position as a leading global equipment provider, particularly in the critical underground segment.

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The UK’s critical minerals ambitions will need Cornwall

<p></p> <p>In a thought-provoking commentary published on July 6, 2026, CMGA managing director Ola Zawalna emphasized the indispensable role of Cornwall in realizing the UK’s critical minerals ambitions. Zawalna posits that the development of critical mineral projects and the deployment of new extraction technologies within the historic mining region of Cornwall are paramount to enhancing the United Kingdom's overall resource security, highlighting a strategic domestic imperative for a resilient supply chain.</p> <p>

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Metso extends supply contract for crusher parts in South America

Metso has secured a significant three-year extension to its long-term supply agreement with a major South American mining company, valued at approximately €10 million ($11.43 million) annually. The contract ensures the provision of advanced MX crusher wear parts for Nordberg MP1250 crushers, complemented by comprehensive on-site technical support and performance tracking, solidifying Metso’s role as a critical original equipment manufacturer service provider in a key mining region. This strategic renewal, with initial deliveries recorded in Q1 2026, underscores the growing demand for integrated aftermarket solutions that enhance operational efficiency and minimize downtime in the global mining sector.

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Energy Dominance Financing Office Celebrates One Year Since Passage of the Working Families Tax Cuts Act

The U.S. Department of Energy's Office of Energy Dominance Financing (EDF) has marked the one-year anniversary of President Trump’s Working Families Tax Cuts, which expanded the EDF's loan authority to over $250 billion to bolster U.S. energy and industrial leadership. Highlighting significant investments in nuclear power restarts, grid modernization, and critical mineral supply chains, the EDF is driving a national strategy to secure baseload energy, lower consumer costs, and revitalize domestic manufacturing, including a substantial focus on strategic resources and agricultural inputs. This initiative signals a major shift in federal energy policy with profound implications for the mining sector, particularly in uranium, copper, and critical minerals.

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Almonty kicks off processing at Sangdong tungsten mine

Almonty Industries has officially commenced processing plant throughput operations at its Sangdong tungsten mine in South Korea, marking a critical transition from mine development to revenue-generating production. This milestone, announced on July 2, 2026, positions Sangdong, a historically significant tungsten producer, to re-emerge as a major Western supplier amid a robust tungsten pricing environment and increasing global demand for critical minerals. The operation is set to leverage a substantial ore stockpile and a modern processing facility to produce high-purity tungsten concentrate, with a projected mine life exceeding 45 years and the potential to supply 40% of the world's tungsten demand outside China.

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Canada commits $352M to Red Chris mine expansion in British Columbia

The Canadian government has pledged C$500 million ($352 million) in financial backing for the Red Chris Block Cave expansion in British Columbia, signaling a strategic push to accelerate major mining projects. This significant investment aims to bolster Canada's annual copper production by over 15%, while also supporting critical mineral demand for clean energy and reducing the project's greenhouse gas emissions by more than 70%. The move comes as Newmont, the majority owner and operator, advances the project towards a final investment decision, following recent crucial regulatory approvals.

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Secretary Wright Applauds End of New Federal Wind and Solar Subsidies

U.S. Secretary of Energy Chris Wright announced the cessation of federal tax credit subsidies for new wind and solar projects not yet under construction, effective July 4, 2026. This policy shift, enacted through the Working Families Tax Cut, concludes over three decades of federal support for these renewable energy technologies, which accounted for approximately three percent of U.S. primary energy consumption in 2025. The decision highlights concerns over land usage, material intensity, transmission infrastructure needs, and the intermittency of wind and solar, signaling a potential redirection in U.S. energy policy with significant implications for the mining sector.

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BHP agrees to sell San Manuel property to Faraday Copper

BHP has reached a definitive agreement to sell its San Manuel copper property in Arizona, USA, to Faraday Copper, a move set to close by September 30, 2026. This strategic transaction will grant BHP a significant 30% fully diluted equity interest in Faraday, along with critical shareholder and offtake rights, positioning Faraday to consolidate San Manuel with its adjacent Copper Creek project into a major combined operation supporting domestic US copper supply.

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Government of Canada to provide $352m for Red Chris project

The Government of Canada has announced a significant C$500 million (approximately US$352.2 million) investment to advance the Red Chris Block Cave copper-gold project in British Columbia. This federal funding, provided through the Canada-British Columbia Co-operative Prosperity Agreement, is crucial for moving the joint venture — operated by Newmont (70%) with Imperial Metals (30%) — towards a final investment decision, potentially extending the mine's life by 14 years and creating thousands of jobs. The project, located in the geologically rich Golden Triangle, represents a strategic commitment to Canada's critical minerals sector and robust Indigenous partnerships.

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

<p> 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. </p> <p>

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Rincon Resources to sell 90% of Lyza Mining to Maverick

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.

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

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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South32 agrees conditional $5.6bn aluminium asset sale to Alcoa

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.

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pH7 Technologies secures funding for copper cathode production

<p><strong></strong></p> <p>In a significant development for sustainable mining, pH7 Technologies has secured up to C$5 million (US$3.51 million) from Natural Resources Canada to pilot its innovative closed-loop copper extraction technology at the Gibraltar Mine in British Columbia. Announced on July 1, 2026, this initiative aims to produce 99.9% pure copper cathodes directly from low-grade sulphide ores on-site, with green hydrogen generated as a valuable by-product. The project is poised to generate crucial data to inform future expansion, enhance critical mineral supply chains, and significantly contribute to the decarbonization of the Canadian mining sector.</p> <p><strong>

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Hancock starts production at $579m McPhee Creek mine

<p class="summary">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.</p>

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i-80 Gold to terminate gold offtake deal with Vox Royalty

i-80 Gold has reached a definitive agreement with Vox Royalty to terminate a significant gold offtake agreement, freeing the company from obligations to sell 40,000 ounces of gold annually. The settlement involves i-80 Gold issuing 3,453,237 shares to Vox, valued at $4.8 million, a move expected to provide i-80 Gold with enhanced flexibility in managing future gold sales from its Nevada projects. This strategic divestment further strengthens i-80 Gold's position as an emerging gold producer, giving it greater control over its precious metals output and market exposure.

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Energy Department Analysis Finds Proposed International Building Codes Would Cost Americans $9.2 Billion Annually

The U.S. Department of Energy (DOE) recently released an analysis on June 26, 2026, indicating that nationwide adoption of the 2024 International Energy Conservation Code (IECC) would lead to significant increases in housing construction costs, totaling over $9.2 billion annually. This regulatory shift, described by the DOE as "Green New Scam mandates," could add up to $14,000 to the cost of a new single-family home and presents substantial implications for the construction sector and, by extension, the demand for mined materials. The DOE has urged the International Code Council (ICC) to reconsider these provisions, emphasizing affordability and consumer choice.

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Titan Mining unit wins EUL notices for two US Army sites

Titan Mining, through its subsidiary Empire State Mines, has secured pivotal Conditional Selection Notices from the US Army for Enhanced Use Lease opportunities at Pine Bluff Arsenal, Arkansas, and Anniston Army Depot, Alabama. This groundbreaking agreement marks the first major public-private partnership for critical mineral processing on American military bases, aiming to establish domestic production of purified micronised graphite (PMG) and coated spherical purified graphite (CSPG) to reduce the nation's reliance on foreign supply chains.

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REalloys raises $100M via institutional placement

REalloys, a Euclid, Ohio-based company, has successfully secured $100 million through an institutional share placement, earmarking these funds for the development of its ambitious vertically integrated rare earth magnet supply chain. This strategic capital injection aims to establish domestic industrial independence for critical defense-grade materials, supported by upstream assets like Hoidas Lake and a significant 15-year offtake agreement for heavy rare earth concentrates from Greenland's Tanbreez project. The financing announcement closely precedes reports that REalloys may construct a rare earth separation facility at the Toole Army Depot in Utah, signalling robust US government support for critical mineral reshoring efforts despite a temporary dip in REalloys' stock price following the news.

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US DOE funds MIT drill core tech to speed up critical minerals discovery

The U.S. Department of Energy’s ARPA-E has awarded funding to a consortium led by Fieldstone Bio, in partnership with TerraCore and MIT, to develop a rapid, field-deployable technology for characterizing critical minerals in drill cores. This innovative system utilizes engineered microbial sensors and hyperspectral imaging to deliver quantitative mineral data in hours rather than weeks, promising to significantly accelerate domestic critical mineral discovery and enhance exploration efficiency across the mining industry.

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Department of Energy Announces American Nuclear Supply Chain Loans

The U.S. Department of Energy (DOE) has announced a conditional loan commitment of $17.5 billion through its Office of Energy Dominance Financing (EDF) to revitalize America's commercial nuclear supply chain. This substantial financing aims to accelerate the deployment of 10 new large-scale Westinghouse AP1000® reactors by up to three years, targeting an additional 11 GW of clean electricity and prompting significant implications for the domestic uranium mining sector. The initiative underscores a strategic push for U.S. energy independence and the rebuilding of critical manufacturing capabilities.

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Aclara Resources gets environmental OK for Chile rare earths project

Aclara Resources has secured the final environmental approval for its Penco Module rare earths project in Chile, a significant milestone after more than four years of permitting bureaucracy. This development positions Aclara to become a key player in establishing a Western vertical rare earth supply chain, with the project projected to produce 774 tonnes of rare earth oxides annually over 14 years. The company now aims to finalize permitting and begin construction in early 2027, highlighting the broader need for governmental coordination to capitalize on critical minerals demand in Latin America.

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Jindalee Lithium inks stewardship MoU for McDermitt project

<p></p> <p>Jindalee Lithium, through its 100%-owned U.S. subsidiary HiTech Minerals, has signed a Memorandum of Understanding with the nonprofit organization RESOLVE. This agreement aims to explore the establishment of a voluntary Stewardship Area in the broader Oregon-Nevada caldera region, focusing on improved environmental outcomes alongside responsible lithium development at the McDermitt project. The initiative underscores a growing industry trend towards integrating environmental stewardship and community engagement into critical minerals project advancement, especially as Jindalee prepares to spin out its U.S. lithium assets into a new Nasdaq-listed company called US Elemental.</p> <p>

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Masan looks to foreign investors with tungsten mine growth

<p><strong></strong></p> <p>Masan High-Tech Materials (MHT), Vietnam's leading producer, has unveiled plans to significantly expand its Nui Phao mine and Nui Chiem site, potentially adding 115 million tonnes of tungsten-polymetallic resources and extending operations for decades. This strategic move, announced amidst global demand for critical minerals and tightening non-China supply, is closely linked with Masan Group's efforts to attract international investors through a potential stake sale and aims to bolster Vietnam's position in the global tungsten market while enhancing MHT's corporate profile.</p> <p><strong>

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Generation Mining secures $141m loan for Marathon project

Generation Mining has secured a significant C$200 million ($141 million) debt commitment from the Canada Infrastructure Bank (CIB) for its Marathon Copper-Palladium Project in north-western Ontario. This funding, comprising a C$110 million subordinated debt facility and a C$90 million standby facility, is a crucial component of the project's C$969 million financing plan, underscoring its strategic importance as Canada's first CIB critical minerals investment in Ontario. The project aims to become a key North American producer of copper and palladium, vital metals for the global energy transition, with construction anticipated to commence in the latter half of 2026.

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enCore Energy gets BLM approval for Dewey Burdock infrastructure

enCore Energy has received final approval from the Bureau of Land Management (BLM) for initial infrastructure construction at its 100%-owned Dewey Burdock Uranium in-situ recovery (ISR) project in South Dakota. This significant milestone, following a thorough Environmental Assessment, allows for the development of essential access roads, four groundwater monitoring wells, and power lines across approximately 240 acres of public land. The project, utilizing environmentally sensitive ISR methods, is integrated into the federal "Fast 41 programme" to expedite critical mineral development, underscoring its strategic importance for bolstering domestic US uranium production.

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Barminco secures $192m contract for Barrick’s Fourmile Project

Barminco, the underground mining division of Perenti, has secured a substantial A$275 million (US$192 million) contract to provide comprehensive mining services at Barrick Mining’s wholly-owned Fourmile Project in Nevada, USA. Commencing operations in July 2026 for a 45-month term, the agreement underscores Perenti's strategic expansion in North America's vital hard-rock underground mining market and solidifies Barminco's critical role in advancing a key Barrick gold asset adjacent to the significant Goldrush Project.

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Newmont’s Red Chris underground expansion gets regulatory green light

Newmont's Red Chris mine in British Columbia has secured crucial regulatory approvals for its transition from open-pit to underground block caving operations, extending its projected lifespan into the mid-2040s. This significant milestone, achieved through a consent-based process with the Tahltan Nation, paves the way for a final investment decision later this year and underscores the project's substantial economic benefits, job creation, and strategic importance for Newmont's global portfolio and Canada's copper production.

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Trinity Metals doubles US tungsten concentrate supply to 20%

Rwanda's Trinity Metals has announced a substantial increase in its tungsten concentrate exports to the United States, now accounting for up to 20% of America's primary tungsten consumption. This strategic uplift, driven by a 2025 agreement with Global Tungsten & Powders and an offtake partner Traxys, underscores a growing industry shift towards diversified, traceable supply chains for critical minerals, particularly as demand for defense and industrial applications rises and global supply dynamics evolve.

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Alamos expects lower Q2 output on Young-Davidson mine disruptions

Alamos Gold is forecasting lower gold production for the second quarter of 2026, primarily due to operational disruptions at its Young-Davidson mine in northern Ontario. The mine experienced two seismic events limiting access to high-grade stopes, coupled with a three-day power outage, impacting output by an expected 12% and raising costs. Despite these setbacks, Alamos anticipates stronger production in the latter half of the year, bolstered by strong performance and ramp-up activities at its Island Gold and Magino operations.

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The future of bioleaching in mining

Bioleaching, a method utilizing microorganisms to extract metals, is rapidly gaining prominence as the mining industry grapples with declining ore grades, escalating demand for critical minerals, and intense pressure to decarbonize. Advances in molecular biology, coupled with strategic integration into existing mining flowsheets, are expanding its application beyond traditional copper and gold, particularly towards the economic recovery of valuable metals from complex waste streams. This re-emergence positions bioleaching as a critical technology for enhancing supply chain security and mitigating environmental liabilities in the evolving global mining landscape.

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