Category: International

The US has unveiled a $17.2b (US$12b) strategic critical minerals stockpile, aiming to reduce industry reliance on China and protect manufacturers from supply disruptions.

The National Oceanic and Atmospheric Administration (NOAA) has consolidated its previously fragmented permitting process to streamline deep sea mining approvals in the US.

Alta Copper shareholders have approved Fortescue’s (ASX: FMG) proposed acquisition of its portfolio of exploration assets, including the Cañariaco copper project in northern Peru.

Energy Fuels is set to acquire Australian Strategic Materials (ASX: ASM) for about $447m.

Last week, a drilling-equipped research vessel, Chikyu, departed Japan’s shores to conduct an experimental extraction of rare earth rich mud from the ocean floor.  

Hancock Prospecting has become the first Australian company to enter a joint venture (JV) with Saudi Arabia’s largest miner, Maaden.

Summit Minerals (ASX: SUM) has signed an agreement to acquire 100% of the historic high-grade polymetallic Keystone mine in Nevada, US.This forms part of the Keystone project, located within the large-scale skarn district and hosting significant historic and current production of silver, gold, lead, zinc, molybdenum and tungsten.

Rio Tinto (ASX: RIO) has successfully produced first copper at the Johnson Camp mine in Arizona, US, using its innovative bacteria and acid driven Nuton technology.

Vale Base Metals and Glencore Canada have agreed to jointly evaluate a potential brownfield copper development in Canada’s Sudbury Basin.The move comes as copper prices soar, driven by supply crunches, an anticipated shortage and uncertainty as US tariffs loom.

Fortescue (ASX: FMG) will collaborate with Taiyuan Iron and Steel Group (TISCO), a subsidiary of China Baowu, to trial an emerging green ironmaking technology.

Vulcan Energy (ASX: VUL) has secured $3.9b in funding for the development of its phase one Lionheart lithium and renewable energy project in Germany.