MP Materials awarded $58.5 million tax credit for Texas rare earth magnet factory
The manufacturing facility would have the capacity to produce approximately 1,000 tonnes of NdFeB magnets per year.
Latest Stories
Iron ore price swings near $100 as traders mull fragile China recovery
Disappointment over demand has coincided with a period of relatively abundant supply.
Volt Lithium’s cost cuts help Alberta project weather metal price crash
The company has cut nearly two-thirds of its lithium production cost.
Pairing cryptocurrency mining with green hydrogen could boost deployment of renewable energy – study
Cornell University researchers found that pairing cryptocurrency mining with green hydrogen could provide the foundation for wider deployment of renewable energy.
Gold price hits another all-time high as Fed-fuelled rally continues
A host of positive drivers have pushed up bullion by around 14% since the middle of February.
Chile’s mining production up 7.7% in February
Following one of the most challenging periods for miners in Chile in years, the country’s industry is finally picking up.
NextSource applies to build graphite plant in Mauritius
The facility will have capacity to produce 3,600 tonnes of battery-grade graphite a year, increasing to 14,400 tonnes after 2024.
Top China lithium firms look past profit slump and vow expansion
Both Tianqi and Ganfeng said they’ll continue to acquire global reserves of the key battery material.
Environmental NGO asks Venezuelan government to ratify Minamata Convention
NGO Clima21 asked the Venezuelan government to ratify the Minamata Convention, which aims to restrict and limit the trade and use of mercury in small-scale gold mining.
