Deep sea mining talks deadlocked

Donald wins major project status and $80m financing Astron’s (ASX: ATR) Donald rare earth and mineral sands project, located in the Murray Basin, Victoria, has been recognised by the Federal Government for its national importance.  The project is one of the world’s most significant rare earth resources and is expected to be the fourth-largest rare earth mine outside of China once operational.   Astron is developing the project as a joint venture with US-based critical minerals company Energy Fuels.  The companies...

Australia unlikely to embrace deep-sea mining The US is advancing its deep-sea mining interests, but Federal Resource Minister Madeleine King urged Australia to remain focused on its above ground critical minerals resources. In May US President Donald Trump signed an executive order to open US and international waters to deep-sea mining, which targets polymetallic nodules — a rich source of cobalt, nickel and manganese. To address the critical minerals supply-demand gap mining companies, including Canadian based deep-sea miner The Metals Company, are embracing the alternative source. The Metals Company...

WA decarbonises iron ore exports NH3 Clean Energy (ASX: NH3) has signed a joint development agreement (JDA) with Pilbara Ports and Oceania Marine Energy for the establishment of low-emissions ammonia bunkering operations at the Port of Dampier. The operations, aimed to be completed by 2030, will service iron ore carriers and support the energy transition across the Pilbara-Asia maritime corridor. The JDA follows the International Maritime Organisation’s announcement of its net zero framework that sets mandatory emissions limits and a global pricing mechanism for...