Category: International

US grants $500m loan for rare earths processing

InternationalNews

US grants $500m loan for rare earths processing

The US Department of War's Office of Strategic Capital (OSC) has conditionally committed US$500m in long-term debt financing to scale Phoenix Tailings’ domestic processing of rare earth elements.

Shipping through the Strait of Hormuz has been impacted since late February, following US and Israeli strikes on Iran.

InternationalNews

Trump announces Iran deal, reopens Strait of Hormuz

US President Donald Trump has announced a ceasefire deal with Iran, clearing the way for shipping through the Strait of Hormuz to resume after months of disruption.

Hormuz crisis flares as US and Iran remain deadlocked

InternationalNews

Hormuz crisis flares as US and Iran remain deadlocked

The US and Iran have made little headway towards brokering a peace deal, with US President Donald Trump saying that he was not yet satisfied on a deal with Iran and was not discussing easing sanctions on the country.

Vulcan says Lionheart is targeting production of enough LHM for about 500,000 electric vehicle batteries per year.

InternationalNews

Vulcan clears financial close for $3.9b lithium project

Vulcan Energy (ASX: VUL) has reached financial close on the $3.9b Lionheart project financing package, supporting the construction of the integrated lithium and renewable energy project.

The dam was owned and operated by Samarco, a joint venture between BHP and Vale. The collapse occurred in the Mariana area of Brazil and caused significant environmental impacts in the Doce River basin.

InternationalNews

Court rejects BHP appeal bid over Brazil dam collapse

BHP (ASX: BHP) has lost its bid to appeal a landmark UK liability judgment over the 2015 Fundão tailings dam disaster.

Hormuz crisis flares as US moves to defensive position

InternationalNews

Hormuz crisis flares as US moves to defensive position

The US Government has said it is shifting from offensive operations against Iran to defensive actions in the Strait of Hormuz as multiple foreign vessels and oil terminals reportedly come under fire.

Archaeologists discover prehistoric copper mining camp

InternationalNews

Archaeologists discover prehistoric copper mining camp

High in the Freser Valley of the eastern Pyrenees, archaeologists have uncovered a prehistoric cave full of hearths containing fragments of green rock that may represent some of humanities earliest copper mining activities.

The joint venture will hold MinRes’ existing 50% ownership of the Wodgina and Mt Marion lithium mines.

InternationalNews

MinRes and POSCO execute lithium JV agreements

POSCO Holdings will acquire 30% of Mineral Resources’ (ASX: MIN) operational lithium business under a new incorporated joint venture, LithCo.

South32 (ASX: S32) has lifted Taylor growth capital at its Hermosa project in Arizona by $1.5b (US$1.1b), while pushing first production out to the second half of FY28.

InternationalNews

South32 flags $1.5b Hermosa cost blowout

South32 (ASX: S32) has lifted Taylor growth capital at its Hermosa project in Arizona by $1.5b (US$1.1b), while pushing first production out to the second half of FY28.

Perseus Mining (ASX: PRU) has reported a 21% increase in gold production in Q3 FY26 r, producing 107,144oz across its three West African operations as the company maintains full-year guidance.

InternationalNews

Perseus lifts quarterly gold production 21%

Perseus Mining (ASX: PRU) has reported a 21% increase in gold production in Q3 FY26, producing 107,144oz across its three West African operations as the company maintains full-year guidance.

Countries ramp up coal use amidst energy crisis

InternationalNews

Countries ramp up coal use amidst energy crisis

Thermal coal demand is rising globally as countries scramble to secure energy supplies despite constrained trade flows through the Middle East.