MP Materials quarterly loss widens after halting sales to Chinese customers
The results reflect the company's transition from dependence on foreign sales to a focus on being a major US miner and processor of rare earths.
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Cove Capital to mine Kazakhstan tungsten in Trump-announced deal
Cove Capital will control 70% of a joint venture and sales of the metal, with Tau-Ken Samruk controlling the remaining 30%.
ICL could lose Dead Sea concession in 2030 under government tender plan
ICL, which extracts mainly potash and magnesium from the concession, has held exclusive rights to minerals from the Dead Sea site for five decades.
Sweden lifts uranium mining ban
A municipal veto for handling small quantities of uranium locally was also narrowed.
Top candidate in Peru vows to revoke key mining industry rights
The worry that mineral rights may be revoked has been the industry’s biggest concern in private conversations.
Japan’s trading houses brace for more pain from China steel glut
Executives from Mitsubishi and Itochu said a supply glut would continue into the second half of their fiscal year through March.
American Tungsten in line for potential $25.5M loan
The loan would fund mining development and milling facilities at its IMA mine in Idaho.
USGS officially adds copper, silver to critical minerals list
The new list, compiled by the US Geological Survey, includes 10 additions to the previous one in 2022.
Komatsu announces new Canada distribution centre
The new facility, spanning approximately 135,000 square feet, will double the capacity of Komatsu’s existing warehouse.
