Week of November 20, 2024
Week of November 20, 2024
Congressman Ciscomani's bill to include copper and other energy materials on critical minerals list receives strong bipartisan support, Copper is so essential to wiring the energy transition that the World Bank estimates global mining operations will need to produce as much of this ubiquitous metal over the next 25 years as has been mined over the 5,000 years since the dawn of the Bronze Age. Despite the economic and geopolitical implications of a world demanding 1.1 trillion...
USGS estimates that the U.S. economy would take a $2.4 billion hit if China banned exports of gallium and germanium. From household appliances to high-end electronics, gallium and germanium are essential elements to a wide array of products manufactured in the United States. American manufacturers, however, must rely heavily on imports from China for both of these critical minerals. A cutoff of this supply could send America's gross domestic product (GDP) plummeting by $3.4...
Caterpillar debuts aggregate sector-sized autonomous haul trucks at Luck Stone Quarry in Virginia. "Blue lights are on! One of my favorite phrases signaling another customer site is using Caterpillar Inc.'s autonomous solution," Caterpillar Resource Industries Group President Denise Johnson penned in a LinkedIn post celebrating the debut of its newest class of Cat automated mining trucks at Luck Stone Corp.'s Bull Run aggregate plant in Virginia. The flashing blue lights sets...
The largest Peruvian business delegation in U.S. history shows steps towards a greener future. Just a few short months ago, a record-breaking delegation of over 300 Peruvian business leaders attended MINExpo 2024, the premier mining conference hosted by the National Mining Association in Las Vegas. This marked the largest Peruvian delegation ever to attend the event, underscoring the growing importance of our partnership with the U.S. in the mining sector. But why has the...
