State funding for the Copperwood Mine project in Michigan’s Upper Peninsula has encountered another delay. The state Senate Appropriations Committee, chaired by Senator Sarah Anthony (D-Lansing), declined to vote on a proposed $50 million grant for the controversial project during its latest meeting. This marks the second time this year the funding has stalled. The...
READ MOREThe Indian National Trade Union Congress (INTUC) staged a protest on Friday at Chidambaranagar, demanding the reopening of the Sterlite Copper plant in Thoothukudi. The plant was closed following Supreme Court orders, but INTUC argues its revival could address significant employment and economic challenges in the region. Led by INTUC Working President Kathirvel, over 500...
READ MORECanada is intensifying efforts to displace Russia as a priority supplier of titanium to the North American market, according to François-Philippe Champagne, Minister for Innovation, Science, and Industry. The push is part of Canada’s broader strategy to strengthen its partnership with the United States and ensure greater control over critical supply chains. “We are displacing...
READ MOREChina’s decision to restrict exports of critical manufacturing minerals, including gallium, germanium, and antimony, has intensified calls to bolster domestic mining efforts in the United States. These minerals are essential to producing high-tech semiconductors, weapons systems, infrared technology, and fiber optics. Rich Nolan, president and CEO of the National Mining Association, described China’s actions as...
READ MOREThe US aluminum industry is anticipating significant changes as President-elect Donald Trump proposes a 25% tariff on imports from major suppliers, including Canada and Mexico. According to Citigroup, aluminum could be one of the metals most affected by these measures. Canada accounts for 60% of the aluminum imported into the US, which makes up around...
READ MORETaykwa Tagamou Nation (TTN) has announced a $20 million investment in Canada Nickel Company’s flagship Crawford Nickel Sulphide Project, marking a significant collaboration aimed at advancing economic empowerment and fostering long-term partnership. The investment, secured through a Convertible Note, will give TTN an 8.4% stake in Canada Nickel by converting into 16.67 million common shares...
READ MOREOn December 11, NATO released a list of 12 defence-critical raw materials deemed essential for the Allied defence industry. These materials play a crucial role in the production of advanced defence systems and equipment, underpinning NATO’s technological edge and operational readiness. The materials identified include aluminum, graphite, cobalt, lithium, and rare earth elements, among others....
READ MOREUkraine has delayed signing a minerals agreement with the United States, with reports suggesting the deal will now be finalized after Donald Trump assumes office as US President. The move allows Trump, rather than current President Joe Biden, to announce the agreement, positioning it as a win for his incoming administration. Ukrainian officials and business...
READ MOREIn early December 2024, China announced a ban on exports of gallium, germanium, and antimony to the United States, escalating the ongoing trade and technology disputes between the two nations. These three minerals are critical for industries ranging from semiconductors to defense. As the leading global producer, China controls 94% of gallium, 83% of germanium,...
READ MOREThe U.S. Treasury Department’s sanctions on Russia’s Gazprombank have created a significant challenge for the $4.8 billion expansion of Uzbekistan’s Yoshlik copper mine. This project, managed by state-owned Almalyk, is key to nearly doubling the country’s copper production by 2026. However, the sanctions, which remove Gazprombank from the international payments system, may disrupt the critical...
READ MOREGlencore has confirmed that David Wormsley will retire from its Board of Directors, effective December 31, 2024. Kalidas Madhavpeddi, Chairman of the Board, acknowledged Wormsley’s contributions, stating, “David has been an effective and thoughtful contributor to the work of Glencore’s Board of Directors. On behalf of the Board, I would like to thank him for...
READ MORESouth32 announced on Friday that it expects the Australian federal government to decide on the proposed expansion of its Worsley alumina refining operation in Western Australia early next year. The Perth-based mining group had lodged an appeal following a recommendation in July by the Western Australian Environmental Protection Authority (EPA) to approve the project, subject...
READ MOREU.S. Customs and Border Protection (CBP) has issued a finding against Kingtom Aluminio S.R.L., a Chinese-owned entity in the Dominican Republic, based on evidence suggesting the use of forced labor in the production of its aluminum extrusion and profile products. Effective immediately, CBP personnel at all U.S. ports of entry will seize any such products...
READ MOREChile has designated six additional sites for private companies to extract lithium, adding to the six priority areas previously announced in September, the mining ministry said on Thursday. The move aims to boost lithium production by encouraging private sector involvement in the mining of this critical battery metal. Chile, the world’s second-largest producer of lithium,...
READ MOREThe ratio of Kazakhstan’s proven gold reserves to the country’s gold production currently stands at 1.2, indicating that explored gold reserves exceed current production levels, according to Minister of Industry and Construction Kanat Sharlapayev. This means that Kazakhstan’s gold reserves are in a healthy state, with more being discovered than is being extracted. For copper,...
READ MORENorway has decided to suspend plans to issue licences for deep-sea mining in 2024, following opposition from environmental groups and international institutions. This decision was announced by the Socialist Left Party, a key ally of the centre-left minority government, on Sunday. The suspension was agreed upon in exchange for the party’s support of the government’s...
READ MOREHemerdon Mine, located on the outskirts of Plymouth, Devon, has called on the UK government for support in extracting one of the world’s largest tungsten deposits. According to company executives, the mine, operated by Tungsten West since 2019, holds the second largest deposit of tungsten globally. Tungsten is a critical mineral with high demand in...
READ MOREChina has announced a ban on exports to the United States of minerals related to gallium, germanium, and antimony that could have military applications, according to a statement by its commerce ministry on Tuesday. This announcement comes a day after the United States took steps to further restrict China’s access to advanced semiconductor technology. Beijing’s...
READ MOREThe Washington-based Recycled Materials Association (ReMA) has filed a lawsuit against the Minnesota Department of Commerce over a law that is set to be enforced in 2025 regarding the sale of copper for recycling. Local Minnesota media reports indicate that ReMA has taken legal action against Grace Arnold, in her capacity as commissioner of the...
READ MOREThe follow-up meeting concerning Alcoa’s plant in San Cibrao, located in the municipality of Cervo (Lugo), is scheduled to take place in Madrid on December 9 at 11:30 a.m. This meeting will involve representatives from the company, workers, and relevant administrative bodies. The works council, which has long advocated for this meeting, confirmed the date,...
READ MOREKazakhstan is positioning itself to play a greater role in global production of rare and rare earth metals, drawing interest from the European Union (EU) as both parties explore potential partnerships. To maximize collaboration, experts suggest that Europe must align its green energy diplomacy with Kazakhstan’s local needs. A recent government meeting, led by Kazakh...
READ MOREStarting December 1, 2024, China will cancel export tax rebates for certain aluminum and copper products, effectively increasing export costs for these materials. In the short term, this policy change is expected to drive up production costs for aluminum and copper processing companies, potentially leading to export losses and forcing companies to adjust their product...
READ MOREThe Australian government will introduce legislation on Monday to implement production tax incentives for renewable hydrogen and critical minerals, aiming to boost investment in the sector and contribute to energy transition plans. The proposed law will establish a tax incentive worth 10% of relevant processing and refining costs for 31 critical minerals from the fiscal...
READ MOREThe government of Tamil Nadu has stated that it has not received any application from Hindustan Zinc Limited (HZL), a subsidiary of Vedanta, for permission to mine tungsten across 5,000 acres in Madurai district. Furthermore, the state has not granted any such approval, a position reaffirmed on Thursday amid concerns about the ecological impact. The...
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