Fleet Space, AI start-ups partner to build quantum sensor mineral exploration pipeline
Company said its working to enhance the geological predictions of modern AI systems.
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Malaysian firm to explore rare earth mining
Berjaya Land has signed a memorandum of understanding with Impianan Utara to undertake the project.
USD’s powerful signal, platinum’s critical situation, and gold
While the price of gold is declining, the USD Index just flashed a major buy signal despite the overwhelmingly negative sentiment.
Weir expands North America presence with $150M acquisition of Townley
The transaction is expected to be completed in the third quarter of 2025.
Sandvik investment strengthens surface drill production capacity
The move supports the company’s strategic focus on surface drilling and is set to increase production capacity by up to 30%.
China’s rare earth exports slump in May as magnet sales curbed
May’s export volume of rare earth products fell by 61% from a year earlier to 2,117 tons, the lowest level since February 2020.
Troilus reaches terms on offtake agreement with Aurubis
The final agreement is expected to be executed in connection with the project’s broader debt financing package of up to $700 million.
Nippon Steel completes $14.9B US Steel takeover
The deal grants US government veto powers in rare foreign acquisition arrangement.
Indonesia plans to punish nickel park for alleged breaches
Environmental violations have been found at the Indonesia Morowali Industrial Park, according to the Ministry of Environment.