Rio2 lands last $50M from Wheaton for Chile gold mine
Final funding comes as Rio2’s Fenix gold project nears completion, with first pour expected by early 2026.
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China aims to revive steelmaking without ordering cuts to supply
Beijing seems to have committed to a more gradual tightening of the screws on steelmakers that would play out over years rather than months.
Rio Tinto, Canada to advance domestic scandium production
Canada Growth Fund will invest about C$25 million to support production at North America’s sole facility capable of supplying the material.
Investors call for creation of International Minerals Agency
The group of investors, which together manage or advise on $18 trillion of assets, said the new IMA would be able to monitor global mineral supply and demand.
Asia’s coal mavericks chase riches while giant miners scale back
Deep in the rainforests of Indonesia, a group of miners is betting there’s still billions to be made from the world’s dirtiest fossil fuel.
South Korea to restructure steel industry hit by tariffs, oversupply
The ministry said in a statement the government planned to take preemptive steps to adjust production capacity.
Vulcan Elements, ReElement Technologies sign $1.4B rare earth magnet supply deal with US
Commerce Department and Pentagon pledged financing and potential equity stakes in the domestic producer of rare earth magnets.
Glencore said to consider shutting Canada’s largest copper plant
Industry sources cited by Reuters have pegged the smelter's annual output at more than 300,000 metric tons.
TechMet to add to portfolio, fears Europe losing battle for critical minerals
The privately-held company has stakes in 10 companies and aims to add more within 12 months.
