InternationalNews China’s renewable energy outpaces coal 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.
InternationalNews US pitches ‘critical minerals club’ to counter ‘predatory’ trade practices 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.
InternationalNews Trump launches $17b critical minerals stockpile amid China risk 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.
InternationalNews US steps closer to leading global deep sea mining industry The National Oceanic and Atmospheric Administration (NOAA) has consolidated its previously fragmented permitting process to streamline deep sea mining approvals in the US.
InternationalNews Fortescue targets copper 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.
InternationalNews US-based critical minerals company to acquire Australian Strategic Materials Energy Fuels is set to acquire Australian Strategic Materials (ASX: ASM) for about $447m.
InternationalNews Japan’s world-first deep sea mining expedition 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.
InternationalNews Hancock Prospecting re-enters Saudi Arabia Hancock Prospecting has become the first Australian company to enter a joint venture (JV) with Saudi Arabia’s largest miner, Maaden.
Exploration & DiscoveryInternationalNews Summit Minerals acquires historic high-grade mine Summit Minerals (ASX: SUM) has signed an agreement to acquire 100% of the historic high-grade polymetallic Keystone mine in Nevada, US.This forms part of the Keystone project, located within the large-scale skarn district and hosting significant historic and current production of silver, gold, lead, zinc, molybdenum and tungsten.
InternationalNewsTechnology & Innovation Nuton technology produces first copper Rio Tinto (ASX: RIO) has successfully produced first copper at the Johnson Camp mine in Arizona, US, using its innovative bacteria and acid driven Nuton technology.
InternationalNewsProjects & Operations Glencore eyes $2.4b copper push Vale Base Metals and Glencore Canada have agreed to jointly evaluate a potential brownfield copper development in Canada’s Sudbury Basin.The move comes as copper prices soar, driven by supply crunches, an anticipated shortage and uncertainty as US tariffs loom.
