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First Phosphate, Lithium Australia Sign MOU to Build Manufacturing Facility in North America
January 22, 2024
First Phosphate Corp. has signed a memorandum of understanding (MOU) with Lithium Australia Limited for the potential development of a lithium iron phosphate (LFP) and lithium manganese iron phosphate (LMFP) cathode active material (CAM) manufacturing plant in North America. LIT
Australian Pacific Coal Finalizes $60 Million Funding Package to Restart Dartbrook coal mine
January 22, 2024
Australian Pacific Coal (AQC) and its joint venture (JV) partner Tetra Resources have finalized a three-year $60 million debt facility with Vitol Asia to restart the Dartbrook Coal Mine located in New South Wales, Australia. The funding will cover forecast
Rio Tinto’s Nuton and Arizona Sonoran Copper Sign $33 Million JV Option on Cactus Mine Project
January 22, 2024
Arizona Sonoran Copper Company (ASCU) has entered into an option to joint venture agreement with Nuton LLC, a wholly-owned subsidiary of Rio Tinto, to establish a strategic alliance for deployment of the Nuton technologies at its Cactus Mine and the
McLeod Lake Indian Band, Defense Metals Corp. Enters Partnership to Advance Wicheeda Project
January 19, 2024
The McLeod Lake Indian Band (MLIB) and Defense Metals Corp. formed a strategic equity partnership and co-design agreement, solidifying their joint commitment to the successful advancement of the Wicheeda Project, a rare earth elements (REE) project in central British Columbia.
Canada Gives Mineral-rich Arctic Region of Nunavut Control Over Its Mining Resources
January 19, 2024
Canada on Thursday formally gave the giant Arctic territory of Nunavut control over its reserves of gold, diamonds, iron, cobalt, and rare earth metals, a move that could boost exploration and development. Prime Minister Justin Trudeau signed a devolution agreement
DOE Allocates $34 Million to Modernize Aging Power Grid
January 19, 2024
The U.S. Department of Energy (DOE) will allocate $34 million for 12 projects across 11 states to strengthen and modernize America’s aging power grid through the development of cost-effective, high-speed, and safe undergrounding technologies. Through the Grid Overhaul with Proactive,
Government Accountability Office to Investigate IIdled Zombie Coal Mines
January 19, 2024
The Government Accountability Office (GAO) will investigate the environmental impact of idled “zombie” coal mines in response to an October request from several congressional Democrats, a GAO spokesperson confirmed. In October, Sen. John Fetterman (D-Pa.) and seven House Democrats wrote
First Quantum Submits Cobre Panama Mine Preservation Plan to Panama Government
January 19, 2024
Canadian miner First Quantum has delivered an initial preservation and management plan to the Panamanian trade ministry regarding its lucrative copper mine in the country, the miner’s Panamanian unit said on Wednesday. The plan takes into account the “abrupt and
New York Stock Exchange Withdraws Dangerous Land Grab Rule
January 18, 2024
The Securities and Exchange Commission (SEC) released a notice of withdrawal of the proposed rule change that would have allowed the New York Stock Exchange (NYSE) to list Natural Asset Companies (NACs). “Today is a victory for Americans as our
DOE Finalizes $1.1 Billion Credit Award for Diablo Canyon Nuclear Power Plant, California
January 18, 2024
The U.S. Department of Energy (DOE) signed the credit award and payment agreement with Pacific Gas and Electric Company to finalize terms for $1.1 billion in credit payments via the Civil Nuclear Credit (CNC) Program for the Diablo Canyon Power
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