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Ernest Scheyder

U.S. President Joe Biden answers questions regarding talking to hostages and TikTok as he made a stop at St. John's Church before the U.S. Conference of Mayors in Washington D.C., U.S., January 17, 2025. REUTERS/Annabelle Gordon
Critical MineralsFinanceNews

Biden boosts loan for ioneer’s Nevada lithium mine to nearly $1 billion

The U.S. DOE finalized a $996M loan for ioneer’s Rhyolite Ridge lithium project, boosting domestic EV battery material supply.

FILE PHOTO: Greenland's flag flies in Igaliku settlement, Greenland, July 5, 2024. Ritzau Scanpix/Ida Marie Odgaard via REUTERS/File Photo/File Photo
BusinessCritical MineralsMiningNewsPolitics

US lobbied Greenland rare earths developer Tanbreez not to sell to China

U.S. officials pressured Greenland rare earths developer not to sell to China, aiding its sale to a U.S.-linked firm.

FILE PHOTO: U.S. President Joe Biden delivers remarks on securing 235 judicial confirmations, at the White House in Washington, U.S., January 2, 2025. REUTERS/Kevin Lamarque/File Photo
BusinessCritical MineralsMiningNewsRegulations

Biden administration issues permit for Perpetua’s Idaho antimony and gold mine

Biden administration grants final mining permit for Perpetua Resources' Idaho project, reducing U.S. reliance on China for antimony.

FILE PHOTO: A view of the MP Materials rare earth open-pit mine in Mountain Pass, California, U.S. January 30, 2020. REUTERS/Steve Marcus/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)IndustryNewsSemiconductor

BMW, Yamaha Motor back US rare earths startup Phoenix Tailings

BMW and Yamaha Motor have invested in U.S. startup Phoenix Tailings to enhance rare earth processing, reducing reliance on China.

A wheel loader takes ore to a crusher at the MP Materials rare earth mine in Mountain Pass, California, U.S. January 30, 2020. Picture taken January 30, 2020. REUTERS/Steve Marcus/File Photo
BusinessClimateCritical MineralsEconomyElectric Vehicles (EVs)ElectricityEmissionsEnvironmentMiningNewsPoliticsRegulationsSolar

Trump advisers urge ending environmental reviews for mines receiving US funds

Advisers to Trump recommend waiving environmental reviews for critical minerals projects to boost U.S. production and reduce reliance on China.

Matt Lengerich, Executive General Manager- Mining at Jervois Global, speaks during the Reuters NEXT conference, in New York City, New York, U.S., December 11, 2024. REUTERS/Brendan McDermid
AnalysisBusinessCritical MineralsEconomyElectric Vehicles (EVs)IndustryLegislationMiningPoliticsRegulationsTrade

U.S. cobalt miner to Trump: use tariffs as ‘scalpel’ not ‘sledgehammer’

Jervois exec urges Trump to use surgical tariffs to aid U.S. mining, boost critical mineral supply chains amid Chinese competition.

FILE PHOTO: The flag of China is placed next to the elements of Gallium and Germanium on a periodic table, in this illustration picture taken on July 6, 2023. REUTERS/Florence Lo/Illustration/File Photo
Critical MineralsMineralsNewsPoliticsTrade

Rattled by China, West scrambles to rejig critical minerals supply chains

Beijing's fresh mineral export restrictions bring added urgency for Western players to cut their reliance on minerals from China.

FILE PHOTO: The logo of LG Chem is seen at its office building in Seoul, South Korea, October 16, 2020.   REUTERS/Kim Hong-Ji/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)NewsSemiconductor

Exxon Mobil signs non-binding lithium supply deal with LG Chem

Exxon signs non-binding deal to supply LG Chem with lithium from its Arkansas project, advancing U.S. EV battery supply chain ambitions.

FILE PHOTO: U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)MiningNews

Compass Minerals attracts takeover interest from buyout firms, sources say

Compass Minerals is negotiating a potential sale after a failed lithium project hurt shares, now valued at $1.5 billion.

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