Monday, 20 January 2025

Focus on Critical Minerals

The Tenke Fungurume mine, one of the largest sources of copper and cobalt in the world, in southeastern Democratic Republic of Congo (AFP)
BusinessCritical MineralsEconomyFinanceMineralsNewsPolitics

Europe needs way to price critical minerals independently of China, group says

Weak prices are making it difficult for Western start-ups to compete with China.

FILE PHOTO: A worker of Sigma Lithium Corp SGML.V takes samples at the Grota do Cirilo mine in Itinga, in Minas Gerais state, Brazil April 18, 2023. REUTERS/Washington Alves/File Photo
BusinessCritical MineralsEconomyFinanceMineralsNews

Investment in critical minerals in web of doubt, industry says

Companies are reluctant to invest, uncertain about the demand for electric vehicles and government approaches to zero-carbon goals.

Since Lomiko Metals Inc., a mining company based in Surrey, B.C., announced plans to build a graphite mine in the Laurentians, some residents living nearby have protested the project, as shown in this undated handout image, fearing potential harm to the environment. THE CANADIAN PRESS/HO-Christian Hobden **MANDATORY CREDIT **
Critical MineralsMineralsMiningNewsPolitics

Quebec town leaders, residents unite to decide fate of mine with ties to Pentagon

Lomiko Metals Inc has announced plans to build a graphite mine in the Laurentians, but residents living nearby have protested the project

FILE PHOTO: A small toy figure and mineral imitation are seen in front of the BHP logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/File Photo
BusinessCritical MineralsNews

Lundin Mining, BHP weighing joint bid for copper miner Filo Corp, sources say

Lundin Mining and BHP Group are considering a joint bid for Filo Corp, which saw its stock rise 12% on the news, valuing...

FILE PHOTO: A general view shows the brine pools of Albemarle Chile lithium plant placed on the Atacama salt flat, Chile, May 4, 2023. REUTERS/Ivan Alvarado/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)NewsTrade

Chilean lithium to be eligible for U.S. tax break

Chilean-mined lithium for EV batteries will qualify for the benefits under the Inflation Reduction Act due to Santiago's free trade agreement with Washington.

Dave Hoffman of West Virginia University's Water Research Institute holds up a vial of light rare earth oxides at a facility that separates them from acidic groundwater draining from an abandoned coal mine, June 25, 2024, in Mount Storm, W.Va. Researchers are finding that groundwater pouring out of this and other abandoned coal mines contains the rare earth elements and other valuable metals that are vital to making everything from electric vehicle motors to rechargeable batteries to fighter jets smaller, lighter or more powerful. (AP Photo/Marc Levy)
CoalCritical MineralsNews

Demand for rare elements could help clean up old US coal mines

Yttrium, gallium and many more critical minerals could be salvaged as researchers look to West Virginia's coal mines for valuable metals.

File photo: Vehicles travel along a road, with "Chuquicamata" copper mine seen in the background, after heavy rains hit north of Chile near Calama, Chile, February 8, 2019. REUTERS/John Yevenes/File photo
BusinessCritical MineralsMineralsNews

Analysis: Copper miner Codelco struggles to lift low output

After hitting a 25-year low last year, Chile's state mining giant faces an uphill battle to turn around its performance.

FILE PHOTO: A tonne of nickel powder made by BHP Group sits in a warehouse at its Nickel West division, south of Perth, Australia August 2, 2019. REUTERS/Melanie Burton/File Photo
BusinessCritical MineralsMiningNews

BHP to suspend Western Australia nickel operations

Plunge in nickel prices and global oversupply sees BHP decide to stop mining the metal in Western Australia by February 2027.

FILE PHOTO: A portable and fully automated direct lithium extraction plant owned by International Battery Metals is seen in Lake Charles, Louisiana, U.S., May 23, 2023. REUTERS/Ernest Scheyder/File Photo
BusinessCritical MineralsMineralsNews

In lithium industry first, IBAT commercializes new extraction

Utah lithium extraction site proves a breakthrough for new method of commercial production for the prized metal.

In announcing tighter rules on steel and aluminum imports, US officials warned tariff evasion would undermine its investments and hurt American workers (GETTY IMAGES NORTH AMERICA)
Critical MineralsMineralsNewsPoliticsRegulations

US tightens steel, aluminum import rules to curb China tariff evasion

The US has unveiled stricter rules on steel and aluminum imports from Mexico, moving to prevent China-origin goods from avoiding tariffs.

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