September 25, 2024

US Steel confirms arbitration ruling favoring Nippon Steel’s $14.9 billion buyout

The arbitration board ruled that US Steel met the successorship clause conditions in its labor agreement with the United Steelworkers union.

September 25, 2024

US fintech firm seeks membership of iconic LME trading floor

New York-based Clear Street is seeking regulatory approval ahead of a planned application to join the LME.

September 24, 2024

US-led group weighs funding more mineral projects to counter China dominance

The Minerals Security Partnership has already announced support for 13 projects since the collaboration began in 2022.

September 24, 2024

Washington mulls $456 million loan for American Rare Earths Wyoming project

The project is ranked as one of the world’s top 10 rare earth projects measured in total rare earth oxides.

September 24, 2024

Australian uranium miners soar after US nuclear plant revival deal

Microsoft signed a deal to help resurrect a US nuclear power plant, fueling hopes of growing demand from big tech firms for green power.

September 23, 2024

US backs Australian lithium, rare earths projects for up to $786 million

Anson Resources and American Rare Earths received interest from the Export-Import Bank of the United States.

September 23, 2024

Top miners’ reclamation obligations could surpass industry’s total debt by 2033

Environmental reclamation and site restoration costs for 24 major mining companies reached $72 billion in 2023, up from $40 billion in 2013.

September 23, 2024

Gold price climbs to new record, now up 27% on the year

Bullion has advanced since the Federal Reserve lowered its benchmark interest rate by half a percentage point last week.

September 23, 2024

Nevada King Gold’s high-grade hits cap off strong summer of drilling

Highlight hole cut 53.8 metres grading 4.1 grams gold per tonne and 32.9 grams silver.

September 23, 2024

Ivanhoe Electric unit secures $55 million Chinese investment for vanadium battery business

In addition to forming a JV, Ivanhoe and VRB will also establish a separate US-based vanadium redox battery business, to be located in Arizona.