Critical minerals still dominated by few despite diversification efforts: IEA
The average market share of the top three refined material suppliers rose from 82% to 86% between 2020 and 2024, says IEA.
Latest Stories
Nyrstar seeks government funding for antimony production
The company could potentially produce the critical mineral at its South Australian processing plant.
Friedland’s Ivanhoe Atlantic urges US to list iron ore as critical mineral
Ivanhoe Atlantic's move aligns with Washington’s strategy to secure minerals for military manufacturing and boost defense.
Energy storage boom drives battery shift, leaving nickel, cobalt behind
LFP batteries are fuelling a boom in energy storage projects.
Solaris lands $200M from Royal Gold for Ecuador copper-gold project
Funding package includes a gold stream and a net smelter return royalty, which will be structured in three instalments.
Rio Tinto defends Pilbara after Forrest voices ‘wasteland’ fears
Fortescue founder Andrew Forrest warned that China's shift from coal-powered furnaces could threaten Australia's iron ore sector.
Rosneft acquires Russia’s largest rare earth deposit
The move by Russia’s state-run oil giant Rosneft mirrors a broader trend of oil majors diversifying into critical minerals.
Trump sets stage to sell ocean mining rights off American Samoa
The move follows a request for a lease sale from a company the Interior Department identified as US-based Impossible Metals.
Argentina approves $2.5B Rio Tinto lithium mining project
Rincon becomes the first mining project under Argentina's new investment incentive regime.