Category: International

Rio Tinto (ASX: RIO) has secured a $1.648b (US$1.175b) financing package from four international lenders to help fund the development of its Rincon lithium project in Argentina’s Salta Province.

South32 (ASX: S32) says the US Forest Service (USFS) has indicated it would approve Hermosa’s development onto National Forest Service land.

Weapons stock depletion may not ultimately decide the outcome of the Iran-US conflict, but it could certainly play a major role.

Rio Tinto (ASX: RIO) will invest $473m to extend the mine life of the Zulti South project to 2050 and lift the suspension that has been in place since January 2020.

For the first time since 2015, coal-fired power generation across China did not increase to help meet the country’s increasing power demand, according to Wood Mackenzie.

The US signed eleven new bilateral critical minerals frameworks with allies as part of its efforts to shift China’s dominance over the global industry.

The US has unveiled a $17.2b (US$12b) strategic critical minerals stockpile, aiming to reduce industry reliance on China and protect manufacturers from supply disruptions.

The National Oceanic and Atmospheric Administration (NOAA) has consolidated its previously fragmented permitting process to streamline deep sea mining approvals in the US.

Alta Copper shareholders have approved Fortescue’s (ASX: FMG) proposed acquisition of its portfolio of exploration assets, including the Cañariaco copper project in northern Peru.

Energy Fuels is set to acquire Australian Strategic Materials (ASX: ASM) for about $447m.

Last week, a drilling-equipped research vessel, Chikyu, departed Japan’s shores to conduct an experimental extraction of rare earth rich mud from the ocean floor.