China’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 critical minerals sector faced a turbulent 2024, as new supply outpaced short-term demand growth in immature markets, causing a sharp decline in prices. This pricing pressure slowed deal-making activity and limited financing options for many developers. Despite these challenges, the outlook for 2025 remains optimistic, driven by long-term demand growth, increasing government support, and...
READ MOREThe U.S. Department of Energy (DOE) has announced $17 million in funding for projects aimed at advancing critical materials innovation while promoting sustainable, economic, and efficient supply chain solutions. Spanning 11 states, these initiatives focus on strengthening manufacturing processes for essential technologies such as hydrogen fuel cells, high-efficiency motor magnets, high-performance lithium-ion batteries, and power...
READ MOREThe United States is making significant investments in the Lobito rail corridor, which links Angola’s Atlantic coast to the Democratic Republic of Congo (DRC) and Zambia. The aim is to secure access to critical minerals like copper and cobalt, which are essential for electric vehicles and the broader energy transition away from fossil fuels. Revitalized...
READ MOREKazakhstan and the United Kingdom are advancing their partnership in the field of critical minerals, with British companies actively negotiating supply contracts with Kazakhstani producers of tungsten products. Six brokers from the UK and three end users are currently in talks to secure these materials, reflecting growing interest in strengthening supply chains for essential metals....
READ MORETechnology initially designed to chart other worlds is now helping reveal critical minerals in the American West, crucial to the United States’ renewable energy future. A NASA ER-2 research aircraft recently took to the skies above the desert, scanning the ground for essential minerals as part of the Geological Earth Mapping Experiment (GEMx). The project,...
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 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 MOREA new technology developed by MTM Critical Metals has the potential to bring about a significant shift in the processing of rare earth elements (REE). The company’s flash joule heating (FJH) technology has successfully removed nearly 50% of the main impurities—iron, aluminium, calcium, and phosphorus—from REE flotation concentrate in a single step. This breakthrough now...
READ MOREA critical minerals agreement with the United States could help reduce the Philippines’ dependence on Chinese and Indonesian exports and enable the country to focus on producing nickel suitable for battery use, according to Nickel Asia Corp. President and CEO Martin Antonio G. Zamora. Speaking at the Pilipinas Conference 2024, Zamora explained that China, the...
READ MOREChina has strengthened its dominance over critical minerals essential for high-tech and renewable energy industries amid escalating geopolitical competition. Western nations are striving to regain market share, while countries in the Global South seek to capitalize on rising demand. In 2023, Chinese companies invested $16 billion in foreign mines—the highest level in a decade, up...
READ MOREUK Export Finance (UKEF) will now provide financial support for overseas projects that supply critical minerals essential to major UK industries, as announced by the Chancellor. This move aims to help British industries access a stable and long-term supply of these crucial resources, including minerals like lithium, graphite, and cobalt, which are vital to sectors...
READ MOREUK Export Finance (UKEF) will now provide financial backing for overseas projects that source critical minerals essential to major UK industries, such as automotive, defence, and aerospace. This move aims to secure long-term access to materials like lithium, graphite, and cobalt, which are increasingly vital for emerging technologies, renewable energy, and the transition to net...
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