Danantara Indonesia, sovereign wealth fund, and GEM, battery materials producer, with Vale Indonesia, nickel miner, have agreed that Danantara will invest in a $1.4 billion high-pressure acid leach (HPAL) facility in Central Sulawesi that will produce about 66,000 tons a year of mixed hydroxide precipitate (MHP) using ore from Vale’s mines. The move advances Indonesia’s...
READ MORERio Tinto, diversified miner, and Aluminium head Jérôme Pécresse will combine the group’s lithium business with aluminium to form a new Aluminium & Lithium product group, as part of a restructuring that leaves three core lines: Aluminium & Lithium, Copper and Iron Ore. The shake-up, unveiled days after Simon Trott became CEO, also moves borates...
READ MOREHudbay Minerals, copper-focused miner, and Manitoba authorities have cleared a staged restart of operations at Snow Lake after the Manitoba Wildfire Service and the Town of Snow Lake lifted a mandatory evacuation order on August 22. Hudbay said inspections found no structural damage to surface infrastructure; milling at New Britannia resumed on August 26 and...
READ MOREPan American Silver, precious-metals miner, and MAG Silver, project partner in Mexico’s Juanicipio mine, have received approval from Mexico’s competition regulator for Pan American’s $2.1-billion acquisition of MAG, clearing the deal to close on or about September 4, 2025. MAG investors can elect $20.54 in cash per share or $0.0001 plus 0.755 of a Pan...
READ MOREDepartment of the Interior, federal resource agency, and the U.S. Geological Survey, science bureau, have proposed a 2025 list of 54 critical minerals that newly elevates copper and silver to “critical” status, shaping federal investment, permitting and stockpiling strategy for the next three years. The draft, to be posted in the Federal Register on August...
READ MORESernageomin, Chile’s mining regulator, and Codelco, state copper producer, have set stricter conditions for bringing shuttered zones of the El Teniente mine back online after a July 31 collapse that killed six workers. The regulator now requires a mine-wide follow-up and monitoring plan to assure stability and safety across underground deposits that remain closed. Codelco—having...
READ MOREKorea Zinc, nonferrous smelter, and Lockheed Martin, U.S. defense contractor, have signed a memorandum of understanding covering germanium supply and broader collaboration on critical-minerals supply chains. Under the deal, Korea Zinc will supply germanium refined in jurisdictions excluding China, North Korea, Iran and Russia via an offtake arrangement, while advancing plans to build a dedicated...
READ MOREAsian Development Bank, multilateral lender, and Reko Diq Mining Company, copper-gold project JV owned by Barrick Gold (50%), Balochistan (25%) and three Pakistani state firms (25%), have agreed on a $410 million financing package for the $6.6 billion Reko Diq development, with first-phase production targeted for 2028. The package complements a $700 million facility from...
READ MORECross Holding, investment vehicle of Vladislav Sviblov, and Amurmed, explorer of the Ikan copper-porphyry deposit in Russia’s Amur region, have confirmed a change of ownership that could give the buyer a preferential route to a mining licence over a deposit holding 635,500 tonnes of copper and 79.5 tonnes of gold. The August 25 transfer was...
READ MOREMP Materials, rare-earths miner, and Albemarle, lithium producer, stand to benefit as the Commerce Department considers reallocating at least $2 billion from the CHIPS and Science Act toward mining, processing and recycling projects, according to people briefed on the talks. The shift would move money from semiconductor research and fab incentives to shore up U.S....
READ MOREVSMPO-Avisma, titanium producer, expects 2025 production to be “the 2021 level,” CEO Dmitry Trifonov told reporters, while majority owner Mikhail Shelkov described current volumes as a “low plateau.” The company did not disclose the 2021 figure. Separately, VSMPO marked the smelting of its millionth titanium ingot at its Sverdlovsk Region complex—a 5,200-kg, 870-mm-diameter piece produced...
READ MOREArafura Rare Earths, developer of the Nolans rare earths project in Australia’s Northern Territory, has secured about A$80 million (US$54.4 million) via a two-tranche institutional placement at A$0.19 (US$0.13) a share, issuing roughly 421.1 million new shares, and will open a A$5 million (US$3.4 million) share purchase plan (SPP) on 27 August 2025. If the...
READ MORELindian Resources, rare earths developer, and Iluka Resources, downstream refiner, have advanced the Kangankunde project in Malawi after Lindian approved a final investment decision and raised A$91.5 million (about $61.3 million) via an institutional placement priced at A$0.21 a share. Stage 1 targets around 15,300 t/y of monazite concentrate by late 2026; a feasibility study...
READ MOREBHP, diversified miner, reported underlying attributable profit of $10.16 billion for the year to 30 June, down 26% year on year and below the Visible Alpha consensus of $10.22 billion, as softer iron ore prices outweighed firmer copper. The world’s largest listed miner also set its lowest full-year dividend since 2017 and lifted its net-debt...
READ MOREChile’s Copper Commission (Cochilco), the state market monitor, has trimmed its 2025 copper production growth forecast to 1.5% year on year from 3%, citing supply disruptions and mine operating issues. The revision follows a June slump in output at Escondida, the BHP-operated mine that is the world’s largest copper producer, and at Collahuasi, the joint...
READ MORESQM, Chilean lithium and specialty chemicals producer, reported a second-quarter net profit of $88.4 million, down 59% year on year, as realized lithium prices fell and legacy contract floors curtailed volumes. Revenue came in at $1.04 billion, broadly in line with the $1.064 billion analyst consensus, but earnings missed the $143.01 million expected by LSEG-compiled...
READ MOREMonash University, a research institution in Melbourne, has unveiled a process to recover all 17 rare earth elements (REEs) from coal fly ash, mine tailings and electronic waste with recovery rates above 90%, positioning waste streams as an immediate feedstock while new mines face long lead times and capital hurdles. The team says coal fly...
READ MOREContemporary Amperex Technology (CATL), electric-vehicle battery maker, and Guangzhou Futures Exchange, commodities bourse, have become the twin catalysts of August’s lithium rally after CATL suspended operations at its Jianxiawo mine, lifting the CME lithium carbonate contract by 27% since the start of the month and turbocharging producer shares. Futures fever outruns fundamentals The immediate market...
READ MOREAlmonty, tungsten producer, and KfW IPEX-Bank, project lender, have cleared the last steps to start up the Sangdong mine in South Korea, with all plant equipment installed and financing fully drawn; initial production is targeted for the second half of 2025. The group said its Panasqueira mine in Portugal continues to provide steady output and...
READ MORERio Tinto, diversified miner, and BHP, diversified miner, have had a planned federal land transfer for their Resolution Copper project in Arizona paused by a U.S. appeals court, prompting public criticism from President Donald Trump. The San Francisco-based Ninth Circuit issued a temporary stay of the transfer while it considers arguments from the San Carlos...
READ MOREMetallium, an e-waste metals recovery developer, and Flash Metals USA, its U.S. subsidiary, have advanced development of a Technology Campus in Chambers County, Texas that will host their first commercial Flash Joule Heating (FJH) plant, targeting commissioning in December 2025. The company reported proven performance on U.S.-sourced e-waste feedstocks—gold at 100% recovery from material grading...
READ MORELifezone, a New York-listed battery metals developer, says stepped-up defence spending will lift nickel demand just as it moves its Kabanga project in Tanzania toward a final investment decision (FID). Founder and chair Keith Liddell told Mining Weekly he expects “a big demand side inflection… from the global defence industry,” citing the use of nickel-containing...
READ MOREJapan’s Cabinet Office Strategic Innovation Promotion Program (SIP), a government R&D initiative, and research partners have set January 2026 for trial mining of rare-earth-bearing mud on the seabed off Minamitorishima, its easternmost territory, with pilot extraction targeted for the first half of fiscal 2027. The campaign—at around 6,000 meters depth—aims to cut exposure to China...
READ MORENvidia, AI-chip maker, and Taiwan Semiconductor Manufacturing, contract foundry, have doubled down on copper interconnects even as the industry touts silicon photonics, with chief executive Jensen Huang saying optical I/O remains “several years away” from broad deployment and that systems should “stay with copper for as long as we can.” The stance comes as Nvidia...
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