NewPeak Metals signs deal to acquire Allaru vanadium project in Australia
NewPeak Metals has entered into a binding term sheet with AusVan Battery Metals, securing the Allaru vanadium project located in the Julia Creek vanadium province...
Tag : world
Australia approves extra A$400 million loan for Iluka Resources’ rare earths refinery expansion
Australia has agreed to provide an additional A$400 million ($257.2 million) loan to Iluka Resources to support the development of its rare earths refinery in...
U.S. sanctions on Gazprombank threaten Uzbekistan’s $4.8 billion Yoshlik copper expansion project
Uzbekistan’s Yoshlik copper expansion project, a $4.8 billion initiative aimed at nearly doubling the country’s copper production by 2026, is at risk following U.S. sanctions...
Niger military takes over Orano’s Somair uranium mine as tensions with France escalate
Orano, the French nuclear fuel company, has confirmed that Niger’s military administration has taken control of its Somair uranium mine, which is situated in Niger,...
Canada-United States partnership on critical minerals crucial amid China’s export restrictions
China’s recent export ban on gallium, germanium, antimony, and other high-tech materials critical to military and technological applications serves as a stark reminder of the...
Argentina approves McEwen Mining’s $2.5 billion Los Azules copper project, construction set for 2026
Argentina’s San Juan province has granted approval for Canada’s McEwen Mining to move forward with its US$2.5 billion Los Azules copper project. This green light...
Zijin Mining completes acquisition of Pan American Silver’s La Arena mine for $245 million
Jinteng Mining, a subsidiary of China’s Zijin Mining Group, has officially become the new owner of Pan American Silver’s La Arena open-pit mine and project...
Rio Tinto increases 2025 capital spending and copper production outlook, prioritizes clean energy transition
Rio Tinto, the Anglo-Australian mining giant, announced an increase in its capital expenditure guidance for 2025 and forecasted higher copper production, primarily driven by a...
Kazakhstan expands search for rare earth metals to strengthen global supply position
Kazakhstan is intensifying its search for rare earth metals, which are in high demand on the global market, with exploration activities now underway at 12...
Saudi Arabia eyes critical minerals processing to shift global supply chains
Saudi Arabia is making significant strides to establish itself as a dominant player in the global critical minerals processing market, a move that could reshape...