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American Rare Earths Secures EXIM Bank Support with $456M LOI for Its Two Projects in Wyoming
September 25, 2024
In a groundbreaking development for American Rare Earths Limited (ARR), the Export-Import Bank of the United States (EXIM) has issued a non-binding letter of interest to provide up to $456 million in debt financing. The funds will support the construction
SSR Mining to Restart Seabee Gold Mine Following Forest Fire, Canada
September 25, 2024
SSR Mining is on track to restart its Seabee Gold Mine in northern Saskatchewan following a forest fire that halted operations and damaged some of the company’s equipment. The mid-tier gold producer said Monday that work is expected to resume
Fortescue Signs $2.8B Green Equipment Partnership with Liebherr for Zero Emission Mining Solutions
September 25, 2024
During an impressive event at this year’s MINExpo in Las Vegas, Liebherr and Fortescue announced a significant expansion of their partnership and unveiled the jointly developed autonomous battery-electric T 264 truck. Both Dr. Andrew Forrest and Dr. Willi Liebherr attended
Trafigura Appoints Richard Holtum as CEO, Jeremy Weir as Chairman
September 25, 2024
Trafigura Group has appointed Richard Holtum as chief executive officer (CEO) effective January 1, 2025 and will join the Trafigura board of directors on October 1, 2024. Jeremy Weir, executive chairman and CEO, will step down from his executive responsibilities
Uranium Energy to Acquire Rio Tinto’s Wyoming Assets for $175 Million
September 24, 2024
Uranium Energy Corp. has entered into an agreement with Rio Tinto America to acquire 100 percent of Rio Tinto’s Wyoming assets, comprised of the wholly-owned and fully-licensed Sweetwater Plant and a portfolio of uranium mining projects with approximately 175 million
Urbix’s Graphite Processing Facility Selected by DOE for $125 Million Funding, Arizona
September 24, 2024
Urbix has been selected by the U.S. Department of Energy’s (DOE) Office of Manufacturing and Energy Supply Chains (MESC) for final negotiations for an award of up to $125 million towards the construction of a commercial- scale graphite processing facility
Standard Lithium’s South West Arkansas Project Selected by DOE for $225 Million Funding
September 24, 2024
Standard Lithium and Equinor said its jointly-owned U.S. subsidiary, SWA Lithium has been selected for up to $225 million award negotiation from the U.S. Department of Energy (DOE). This selection, overseen by the DOE’s Office of Manufacturing and Energy Supply
Canada to Invest $44 Million in Yukon, Northern British Columbia Mining Infrastructure
September 24, 2024
In a bid to solidify its position as a leading producer of critical minerals during the global energy transition, Canada has committed up to $44 million (C$60 million) for infrastructure projects in the Yukon Territory and British Columbia’s Golden Triangle.
Komatsu Introduces New HD465-10 and HD605-10 Haul Trucks for Quarry, Mining, Aggregate Applications
September 24, 2024
Komatsu has introduced its new HD465-10 and HD605-10 mechanical haul trucks to the North America market, offering an upgrade from the previous -8 models. The new haul trucks are designed to help increase productivity and improve fuel efficiency in quarry,
DOE Awards $3 Billion to 25 Projects to Boost Production of Advanced Batteries and Materials
September 24, 2024
The U.S. Department of Energy (DOE) announced more than $3 billion for 25 selected projects across 14 states to boost the domestic production of advanced batteries and battery materials nationwide. The portfolio of selected projects, once fully contracted, are projected
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