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Trafigura and Korea Zinc to Invest $140 Million to Build Nickel Refinery, South Korea
November 28, 2023
Trafigura and Korea Zinc have entered into a $140 million (KRW184.9 billion) investment agreement to support the development of an all-in-one nickel refinery in South Korea. The refinery will be established in Ulsan by Korea Zinc’s nickel sulphate subsidiary, Korea
Elevator Drops 650 Feet at Implats Impala Rustenburg Mine, 75 Injuries, 11 Fatalities, South Africa
November 28, 2023
An elevator suddenly dropped around 200 meters (656 feet) while carrying workers to the surface in a platinum mine in South Africa, killing 11 and injuring 75, the mine operator said Tuesday. It happened Monday evening at the end of
Kinterra Capital Closes $565 Million for Critical Minerals Funding
November 27, 2023
Kinterra Capital, a Canadian private equity firm, has closed its $565 million debut fund dedicated to securing critical mineral assets for battery development. The influx of private capital comes amid increasing government incentives into the sourcing and production of battery
Full Circle Lithium Acquires Lithium Processing Facility in Georgia, Expands Land Position
November 27, 2023
Full Circle Lithium Corp. (FCL) released an update regarding the acquisition of its scalable, fully permitted, and operational lithium processing plant in Georgia. “The company now owns close 60 acres of land and is well positioned to grow its business
Taranis Resources Takes B.C. to Court Over Permitting Delays, Canada
November 27, 2023
Taranis Resources has been waiting 15 months for a decision on a mining exploration permit application for its Thor copper project near Trout Lake, in Ktunaxa traditional territory northeast of Nakusp. The Canadian mining company believes that First Nation consultation
Komatsu to Acquire Detroit-based American Battery Solutions
November 27, 2023
Komatsu, through its wholly owned subsidiary in the U.S., Komatsu America Corp., has agreed to acquire American Battery Solutions (ABS), a battery manufacturer headquartered in Detroit, Michigan. U.S. Komatsu is planning to close the acquisition on Dec. 1, 2023, on
Senators Rosen and Lummis Request Update on Delayed Critical Mining Supply Chain Bill
November 27, 2023
U.S. Senators Jacky Rosen, D-Nev, and Cynthia Lummis, R-Wyo, sent a letter on Nov. 22 to U.S. National Science Foundation Director Sethuraman Panchanathan requesting an update on the implementation of the provision they secured in the CHIPS and Science Act
MinRes Acquires Bald Hill Lithium Mine in Australia
November 27, 2023
Australia-based diversified resources company Mineral Resources (MinRes) has acquired the Bald Hill lithium mine in Western Australia. Located 50km southeast of Kambalda in the Goldfields region, the Western Australian lithium mine has an annual production capacity of approximately 150,000 tonnes
Wishing You Peace and Harmony This Thanksgiving Season!
November 23, 2023
We are grateful this holiday for our awesome readers and advertisers who have played an integral part in our journey. Since our launch in 2009, we have been inspired by the enthusiasm from this community. We continue to fight through
Fortescue Launches Green Energy Accelerator Platform, Fortescue Capital
November 22, 2023
Fortescue has formed Fortescue Capital, headquartered in New York City, and named Robert Tichio as chief executive officer and managing partner. Fortescue Capital is a new green energy investment accelerator platform, and an integral next step in Fortescue’s commitment to
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