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Rio Tinto Resumes Operations at Richards Bay Minerals, South Africa
August 30, 2021
Rio Tinto has commenced the process of restarting operations at Richards Bay Minerals (RBM) in South Africa. This follows a stabilization of the security situation around the mine, supported by the national and provincial government, as well as substantive engagement
onsemi to Acquire GT Advanced Technologies for $415 Million
August 30, 2021
onsemi and GT Advanced Technologies (GTAT) have entered into a definitive agreement under which onsemi will acquire GTAT for $415 million in cash. Founded in 1994, GTAT has significant experience in crystalline growth, including SiC. SiC is a key material
FLSmidth to Acquire thyssenkrupp’s Mining Business for $386 Million
August 27, 2021
FLSmidth and thyssenkrupp Industrial Solutions AG have reached an agreement where FLSmidth will acquire thyssenkrupp’s Mining business (TK Mining) for a total consideration of EUR$325 million ($386,265,163 million) corresponding to approximately DKK$2.4 billion. Closing of the transaction is expected in
USA Rare Earth Exercises Option to Acquire 80% of Round Top Project, Texas
August 27, 2021
USA Rare Earth has fully funded its $10 million commitment to earn its 70 percent interest in the Round Top Critical Minerals Project in Hudspeth County, Texas and has exercised its option to acquire an additional 10 percent of the
Murray & Roberts Secures Underground Development Contracts for Rio Tinto’s Kennecott Copper Mine
August 27, 2021
Murray & Roberts said its mining platform’s Cementation Americas business has won two contracts worth R$1.2 billion ($84 million) from Rio Tinto and BHP. Cementation USA has received the underground characterization development and infrastructure project for Rio Tinto’s Kennecott Utah
San Juan Coal Plant Stays Open for CCS Conversion
August 27, 2021
The coal-fired San Juan Generation Station in New Mexico will not close within two years as expected, but could operate for several years beyond that, as its new owners raise funds for a giant carbon-capture facility on the site. Various
Element79 Gold to Acquire Plutus Gold, Snowbird High-Grade Gold Project
August 27, 2021
Element79 Gold has signed a binding letter of intent to acquire 100 percent of the issued and outstanding shares in Plutus Gold Corp., which holds the option to acquire the Snowbird High-Grade Gold Project. The Snowbird High-Grade Gold Project consists
American Resources Finalizes Site Selection for Rare Earth Element Purification, Isolation Facility
August 26, 2021
American Resources Corporation has finalized its site selection to build its first commercial scale rare earth element purification and isolation facility in the United States. The secured site provides 6.9 acres of developable land with the goal of scaling into
American Resources Selected by DOE to Assess Critical and Rare Earth Elements in Coal Resource Feeds
August 26, 2021
American Resources Corporation has been named to a U.S. Department of Energy (DOE) Federal Demonstration Partnership award for the sorting for critical mineral-rich coal resource feedstock in a support role. Under the agreement, American Resources will provide support to the
Perfect Storm Leads to Coal Rebound
August 26, 2021
The president of the West Virginia Coal Association says a “perfect storm” has led to increased use of coal. While countries have been shifting away from coal for years, use in the United States, Europe, and China has grown recently
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