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Biden Admin Moves to Fund Canadian Mines While Blocking U.S. Mining Efforts
August 25, 2022
The Biden administration is considering funding the Canadian mining and metal industry as it is desperate to acquire more rare earth minerals to build renewable energy technologies; however, the administration has previously blocked the development of U.S. mining efforts, according
Europe’s Energy Crisis Underscores the Need for Fuel Diversity
August 25, 2022
The energy crisis in Europe keeps getting worse. Months of warnings are now becoming grim reality. European power prices are now equivalent to more than $1,000 per barrel of oil. The price of natural gas is 13 times its normal
MCPA Members Claim National Championships at 2022 National Mine Rescue Contest
August 25, 2022
The Metallurgical Coal Producers Association (MCPA) said two of their member companies, Alpha Metallurgical Resources and MetInvest, received prestigious awards after participating in the 2022 National Mine Rescue Contest last week in Lexington, Kentucky. “I’m incredibly proud of our miners
WV DEP Threatens to Revoke Lexington Coal Co’s Permits as Its Environmental Violations Pile Up
August 25, 2022
West Virginia regulators are threatening to take two Boone County mining permits spanning nearly 1,400 acres away from a prominent coal company in response to a lengthening string of alleged environmental violations. The Department of Environmental Protection has ordered Lexington
3D-P Begins Complete Network Upgrade at Wyoming Coal Mine
August 25, 2022
3D-P has been selected to perform a complete network overhaul at a Wyoming coal mine. To meet the demand for coal, its customer is increasing its fleet size, meaning that the expansion requires an improved, highly reliable network. Partnering with
Australia’s Lynas Rare Earths Considering Texas Gulf Coast for $200 Million Processing Plant
August 24, 2022
An Australian producer of rare earth materials used in products and components across industries wants to build a new processing plant on the Texas Gulf Coast. Lynas Rare Earths Ltd. is the world’s second-largest producer of rare earth element products
Neo Performance Materials to Acquire Sarfartoq Rare Earth Element Project for $3.5M, Greenland
August 24, 2022
Hudson Resources, Inc. and Neo Performance Materials Inc. have executed a binding agreement where Neo will acquire from Hudson an exploration license covering the Sarfartoq Carbonatite Complex in southwest Greenland. The project hosts a mineral deposit that is enriched in
Volkswagen, Mercedes-Benz Sign Battery Materials Cooperation Deals with Canada
August 24, 2022
German automobile manufacturers Volkswagen and Mercedes-Benz have signed a memorandum of understanding (MOU) with Canada, focused on battery materials cooperation for e-mobility. Under the terms of the MOU, Volkswagen will explore opportunities across automotive and battery supply chain in Canada,
South32 Drops $700 Million Investment Plan in NSW Coal Project
August 24, 2022
South32 has abandoned a nearly $700 million investment plan to further develop a metallurgical coal mine in New South Wales (NSW), Australia, after recent studies showed that potential returns from the move will be inadequate. The company planned to make
New Mexico Officials Release Restoration Project Solicitation for Gold King Mine Spill
August 23, 2022
New Mexico officials are seeking proposals for projects to be funded with a $10 million settlement the state received from the Environmental Protection Agency in June over the 2015 Gold King Mine spill. According to a news release from the
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