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IEA Report: Sharp Declines in Critical Mineral Prices Mask Risks of Future Supply Strains
May 20, 2024
Prices for key minerals used in clean energy technologies dropped in 2023, but new IEA analysis shows need for greater and more diversified investment to support efforts to reach energy and climate goals Pressure eased in 2023 on the market
Brazil Potash Secures Licensing to Start Construction of Its Autazes Project
May 20, 2024
Brazil Potash Corp. said the Amazon State Environmental Protection Institute (IPAAM), has granted the mine installation license for the Autazes Potash Project to the 100 percent owned Brazilian subsidiary Potassio do Brasil, allowing for construction to commence. This is a
Biden Raises Tariffs on $18 Billion of Chinese Imports: EVs, Solar Panels, Batteries and More
May 16, 2024
The Biden administration announced stiff new tariff rates Tuesday on $18 billion worth of Chinese imports. The White House said the tariff hikes were necessary to protect American industries from unfair competition. Starting this year, President Joe Biden will quadruple
Australia’s Budget to Boost Critical Minerals Industry
May 15, 2024
Australia’s budget will feature a bigger boost for the nation’s critical minerals industry, Treasurer Jim Chalmers said, describing the lucrative market as a “golden opportunity” just days ahead of releasing his annual fiscal blueprint. “The critical minerals space is one
Anglo American Plans to Split Up Units After Rejecting $43 Billion BHP Second Bid
May 14, 2024
Anglo American said it plans to unload several assets as part of a turnaround effort after rejecting a sweetened takeover offer from rival BHP that valued the mining company at almost $43 billion. Anglo said Tuesday that it would spin
U.S. Secretary Blinken Visits Guatemala, U.S. May Assist in Reopening of Fenix Nickel Mine
May 14, 2024
Fenix Nickel Co., the U.S. owner of Guatemalan nickel producers Compania Guatemalteca de Niquel (CGN) and Compania Procesadora de Niquel de Izabal, S.A. (PRONICO) said it is backing for the Solidarist Miners Association of El Estor (AMSE), which has urgently
RST Solutions Launches New Technology Dem Hydroboost Pro to Regulate Dust Extinction Moisture
May 10, 2024
A new advanced product for mines to achieve ideal moisture levels to control dust using less water has been launched to the market by leading fine particles specialist RST Solutions. DEM Hydroboost Pro is an advanced dust control solution for
Regis Resources Approves Development of Two Underground Gold Mines, Western Australia
May 9, 2024
Australian-based gold producer and explorer Regis Resources has approved the development of Garden Well Main and Rosemont Stage 3 underground gold mines in Western Australia in a move to support the company’s underground growth strategy. The new move is also
Anglo Asian Mining and Caterpillar Sign Vendor Financing Facility Agreement
May 8, 2024
Anglo Asian Mining’s subsidiary, Azerbaijan International Mining Company (AIMC), has signed a vendor financing facility agreement with Caterpillar Financial Services Corporation. In December 2023, AIMC took delivery of a fleet of Cat® underground mining equipment for its new Gilar Mine,
Mosaic Sells Saudi JV Stake to Ma’aden in $1.5 Billion Deal
May 6, 2024
The Mosaic Company said it has entered into an agreement with the Saudi Arabian Mining Company (Ma’aden) where Mosaic will receive 111,012,433 shares of Ma’aden valued at approximately $1.5 billion in exchange for Mosaic’s current 25 percent stake in Ma’aden
