Sorted by date Results 1 - 25 of 162
Invests C$7M to support critical minerals exploration in the province. To accelerate the development of a critical minerals supply chain in Ontario and across Canada, the provincial government is investing C$7 million (US$5.1 million) into innovative companies pioneering new mineral exploration and mining technologies in the province. This latest round of funding through the province's Critical Minerals Innovation Fund (CMIF) is focused on realizing the economic potential... Full story
Awards $6.2M to fund early-stage development, pre-feasibility work at Pilot Mountain. Backed by new federal funding under the Defense Production Act, Golden Metal Resources Ltd. has been awarded $6.2 million to advance a pre-feasibility study for its Pilot Mountain tungsten project in Nevada – part of a broader U.S. effort to restore domestic supply of a metal vital to aerospace, munitions, and other defense applications. Located roughly 125 miles southeast of Reno, Pilot M... Full story
Federal designation positions Tonopah Flats for expedited mine permitting. As part of a sweeping federal initiative to accelerate domestic critical mineral production, American Battery Technology Company's (ABTC) Tonopah Flats Lithium project is the latest to join a short list of ventures added to the FAST-41 Permitting Dashboard, positioning the Nevada lithium mine and refinery for expedited federal permitting. Situated about five miles west of Tonopah in Nevada's Big Smoky...
Rare earths deal with China raises alarm over U.S. supply chain independence. As America celebrates its independence this July 4, the rare earths trade deal with China raises uncomfortable questions about how truly self-reliant the nation remains in the technologies that underpin its economic and military strength. This includes concerns raised by critical mineral experts, who caution that China's commitment to resume rare earth shipments is a double-edged sword that puts Amer...
Beijing and Washington take first steps to implementing trade deal brokered in London. In a potential breakthrough for U.S. manufacturers and tech firms, Beijing has agreed to resume exports of rare earths and other critical materials, marking the first tangible step toward restoring trade ties with Washington. During a Thursday White House event, President Donald Trump confirmed the accord, saying, "We just signed with China." While Trump did not provide further details on...
Agreement outlines structure and terms for future investments in aluminum, graphite, titanium, and other critical material projects. Following prolonged and at times uncertain negotiations – including a high-profile breakdown in February – the United States and Ukraine have signed a minerals-for-investment agreement granting Washington prioritized access to new Ukrainian mineral development projects and establishing a joint reconstruction investment fund. What began as spe...
Invokes DPA powers to bolster U.S. production of minerals essential to national security and economy. President Donald Trump has declared a national emergency and invoked Defense Production Act (DPA) authorities to fast-track U.S. production of critical minerals vital to the economy and national security. This move, enabled by expanded executive powers under the Korean War-era DPA, waives congressional funding approvals and other limitations on creating, expanding, or...
Leaders from the Group of Seven nations and the European Union unveiled a G7 Critical Minerals Action Plan aimed at breaking China's supply chain dominance during a meeting held in Kananaskis, Alberta. European Commission President Ursula von der Leyen brought with her a rare earths magnet produced at Neo Performance Materials' plant in Estonia to showcase what a G7 critical minerals supply chain could look like. "It was manufactured in Estonia, by a Canadian company using raw...
Wood Mackenzie analysts define how divergent tariff scenarios could impact metal markets through 2030. As the U.S. recalibrates its trade stance, global research and consultancy firm Wood Mackenzie has released a new report to help metals and mining companies navigate an increasingly uncertain policy landscape – one that could unfold along three distinct paths through 2030 – a trade truce, trade tensions, or trade war. According to Wood Mackenzie, the Trump adm...
Infrastructure push targets mineral supply, regional growth in Africa. With demand for minerals like cobalt, lithium, nickel, and rare earth elements projected to surge over the next two decades, the United States is positioning itself as a partner of choice for one of the most pivotal players in the global energy transition – not a technology hub or industrial superpower, but an entire continent that holds 30% of the world's mineral reserves, long overlooked in strategic s...
Urge DOD to build at least a one-year reserve. Under pressure from Arkansas lawmakers, the Pentagon is being urged to immediately begin stockpiling domestically produced vanadium – a critical metal dominated by Russian and Chinese supply chains – to shore up U.S. reserves, reduce defense vulnerabilities, and catalyze increased production at US Vanadium's existing operations. As nations reevaluate the security of their mineral supply chains in light of shifting geo...
Summit signals deeper U.S.-Gulf ties in supply chain realignment. On the final day of a high-level U.S. business delegation to the Middle East, President Donald Trump joined Emirati officials in Abu Dhabi, where Emirates Global Aluminium announced its intent to build a $4 billion primary aluminum production facility in Oklahoma, formalized in a memorandum of understanding with the state and included as part of a $200 billion package of commercial agreements. Over the past two...
Supports Indian technology advances, decarbonization, and materials security. As India accelerates on its path toward mineral security and a low-carbon future, Vedanta – one of the world's leading natural resources companies – has announced a bold move up the value chain, positioning itself not just as a supplier of raw materials but as a catalyst for industrial transformation. Driven by the rising demand for refined, high-performance metals, the boundary between resource ext...
Geneva trade deal may accelerate Chinese mineral flows to American manufacturers. The breakthrough trade pact between the world's two largest economies has de-escalated trade war tensions and is expected to make it easier for American manufacturers to receive a long list of Chinese-produced minerals critical to the automotive, defense, energy, and high-tech sectors. Chinese and American officials came out of marathon trade negotiations in Geneva over the weekend with a 90-day...
Finding ORE Act would link USGS with allied nations to map minerals. In a bid to strengthen mineral security and reduce foreign dependence, U.S. lawmakers have introduced a bipartisan bill that would authorize the U.S. Geological Survey to partner with allied nations on global mineral mapping – a foundational step to expand U.S. access to critical resources and challenge China's global supply grip. As global demand for critical minerals accelerates, the U.S. is working to s...
Export restrictions have already begun to affect U.S. and EU, with automotive part manufacturers making hard decisions to halt production. In April 2025, China imposed sweeping restrictions on the export of rare earth minerals and magnets, targeting sectors critical to Western economies in retaliation for renewed U.S. tariffs. Although some tariffs were later paused, China's restrictions have remained firmly in place, and the effects are being felt by automotive manufacturers...
Resource nationalism elevates the European will to diversify supply chains. In a major strategic move to strengthen critical raw materials security through international cooperation, the European Union has selected 13 new mining and processing projects to support beyond its borders, expanding its supply chain footprint across five continents by deepening ties with a diverse set of global allies. From Canadian nickel deposits and Greenlandic graphite seams to a newly...
Upcoming American graphite producers like Westwater welcome the chance to compete. In a preliminary ruling, the U.S. Department of Commerce (DOC) has moved to impose tariffs as high as 721% on certain Chinese battery materials, finding that producers of graphite-based anodes have been benefiting from unfair government subsidies that give them an artificial cost advantage over U.S. manufacturers – prompting new penalties intended to level the playing field on top of existing t...
New addition advances company as key supplier of tungsten to allied defense markets. In a move to bolster its strategic influence, Toronto-based Almonty Industries, a leading supplier of conflict-free tungsten, has tapped Alan Estevez, a seasoned national security and defense logistics expert, to join its Board of Directors as of May 30, 2025. Estevez's appointment signals Almonty's ambition to solidify its role as a critical player in supplying tungsten to allied defense...
China agrees to temporarily lift export restrictions under new trade deal with the U.S. The United States and China have agreed on a trade deal that is expected to provide some relief to American manufacturers that have been forced to scale back production due to a lack of rare earth magnets needed for automobiles, clean energy, and high-tech devices. "Our deal with China is done, subject to final approval with President Xi and me," President Trump wrote in a June 11 Truth...
Trump administration issues directive to streamline mineral extraction on the heels of increased commercial interest. Shortly after two deep-sea mining companies made headlines courting the Trump administration for permissions to extract much-desired minerals from domestic and international waters, the President signed an executive order to assert U.S. leadership in seabed mineral exploration and development vital for national security and economic strength. The executive...
If re-elected, Australian prime minister plans to invest A$1.2 billion in reserves of minerals critical to nation's security interests. With Australians preparing to head to the polls, Prime Minister Anthony Albanese has pledged to bolster the nation's economic and national security by investing A$1.2 billion ($770 million) into establishing a Critical Minerals Strategic Reserve - if re-elected. The stockpile is part of the incumbent prime minister's broader strategy to ensure...
Letter of interest signals support for domestic lithium supply chain. In a major step toward establishing a full-cycle domestic supply of battery-grade lithium, American Battery Technology Company (ABTC) has received a $900 million letter of interest (LOI) from the Export-Import Bank of the United States (EXIM) to fund the construction of a Nevada facility that would mine lithium from clay-based ore and refine it into materials used in electric vehicle batteries. While most...
MP Materials will no longer ship rare earths mined in California to China for processing. Under the enormous strain of a technology and trade war that began under the Biden administration and intensified after President Trump returned to office, MP Materials has officially severed a key link in America's rare earth supply chain by ceasing shipments of rare earth concentrates mined in California to China for processing. "In response to China's retaliatory tariffs and export con... Full story
Restricts exports of rare earths critical to defense and high-tech. China responded to President Trump's "Liberation Day" tariffs with 34% tariffs on imports from the United States plus restrictions on the exports of a group of seven rare earth elements vital to aerospace, auto manufacturing, nuclear energy, and advanced weapons systems. "This is a precision strike by China against Pentagon supply chains that enable our most powerful weapons and defense systems, from stealth...