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Ramaco Resources Increases Revolving Credit Facility to $125 Million
February 20, 2023
Ramaco Resources said its principal bank lender, KeyBank, has amended the company’s existing revolving credit agreement to increase the overall commitments under the facility to $125 million. The facility also provides the company an ability to access an additional $50
LG Chem Becomes First Korean Company to Secure Lithium from North America
February 20, 2023
By becoming the first Korean battery materials company to secure North American spodumene concentrate (SC6), LG Chem began to strengthen its supply chain. SC6 is a high-purity material that processes lithium ore, which can extract lithium hydroxide that serves as
Two Fatalities at MMG’s Dugald River Zinc Mine in Queensland, Australia
February 20, 2023
The two men trapped 125 meters underground at a north-west Queensland mine have been found dead. Dylan Langridge and Trevor Davis went missing on Wednesday in the remote Dugald River zinc mine near Cloncurry after their ute fell into a
Troy Minerals Enters into Option Agreement with Wyoming Mines Inc.
February 17, 2023
Troy Minerals has entered into an option agreement with Wyoming Mines Inc. Wyoming Mines has granted the company the option to acquire a 100 percent undivided interest in and to certain mineral claims known as the SW2 Property located approximately
American Resources Subsidiary ReElement Technologies Joins Top Battery Technology Body NAATBatt
February 17, 2023
American Resources Corporation, through its wholly-owned subsidiary ReElement Technologies, has joined NAATBatt International (NAATBatt), the top battery technology trade association in North America. “NAATBatt is an excellent organization for ReElement to showcase its technologies and interact with the top players
$2.5 Billion Power Line Planned from Central North Dakota to Western Montana
February 17, 2023
A Duluth-based energy company with a subsidiary in Bismarck has announced plans for a $2.5 billion power line from central North Dakota to western Montana, connecting three regional U.S. electric markets. ALLETE Inc. is working with Houston-based Grid United, an
Startup Mine Vision Systems Secures Contract with Hecla Mining for Its FaceCapture Technology
February 17, 2023
Mine Vision Systems (MVS), an East Liberty-based startup spun out of Carnegie Mellon University in 2015, has reached a multi-year contract deal to have its technology product deployed with one of the largest silver and gold mine operators in North
Union Tells Striking Warrior Met Coal Miners to Return to Work
February 17, 2023
The United Mine Workers of America is telling its members that they may return to work at Warrior Met Coal next month, 23 months and one day after the union’s strike began. UMWA International President Cecil Roberts sent a letter
DOE, Treasury Dept. to Start Application Process for Hard-hit Coal and Underserved Communities
February 17, 2023
The U.S. Treasury Department, the U.S. Department of Energy, and the Internal Revenue Service (IRS) released information on key provisions of the Inflation Reduction Act to incentivize investment in underserved communities and hard-hit coal communities. “The Inflation Reduction Act ensures
PolyMet Forms NewRange Copper Nickel Joint Venture with Teck Resources
February 16, 2023
PolyMet Mining has closed on the joint venture with Teck American Inc., a subsidiary of Teck Resources Limited. The joint venture will be named NewRange Copper Nickel. Under the terms of the transaction, the NorthMet and Mesaba deposits containing high-demand
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