Fortescue approves $750 million investment for three green projects
About $550 million will be used for developing an electrolyser and liquefaction facility in Phoenix.
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MMG seals $1.9bn deal to buy Khoemacau copper mine in Botswana
MMG has been hunting for copper assets for more than a year, amid a surge in demand for the metal needed in green energy transition.
Liberia’s President-elect Boakai to review mining concessions
The West African country has rich mineral reserves of diamonds, gold and iron ore.
Canada uncorks $1.1 billion critical minerals fund
First off from a C$300 million pool, applicants can seek up to C$50 million per project, while provincial and territorial governments can apply for as much as C$100 million for each project.
Ucore gets C$4.3 million federal grant for REE demo plant in Ontario
The Canadian government support will be used to commercialize Ucore’s RapidSX technology specifically for light REEs.
Chile discusses IRA benefits with US to lure lithium investments
Authorities from Chile have held discussions with President Joe Biden himself as well as US Treasury Department and trade officials.
Seabridge wins round #1 of tussle with Tudor over KSM licence
The BC Ministry of Water, Land and Resource Stewardship confirmed there is no basis to cancel the licence under the provisions of the relevant legislation or the terms of the licence.
Komatsu accelerates equipment electrification with acquisition of American Battery Solutions
ABS develops and manufactures a wide variety of heavy-duty and industrial battery packs.
Copper price rises on growing optimism for an end to Fed’s rate hikes
Investors have been adding to bets that the Fed’s tightening cycle has ended after a series of US data points showed the world’s biggest economy is slowing.
