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HomeCritical Minerals

Critical Minerals

Deep-sea mining
Critical Minerals

Deep-sea mining seems to be inevitable, says UN regulator

February 19, 2024 Mariel Alumit

  Deep-sea mining is likely just a matter of time, according to the head of the International Seabed Authority (ISA). “Clearly now, we are reaching a very high level of interest so I would say […]

Electric Vehicles
Critical Minerals

Electric Vehicles Are So Unpopular That Entire Mines Are Shutting Down

February 19, 2024 Mariel Alumit

A slowdown in the growth of electric vehicle (EV) demand has led to entire mines being shut down as the supply of rare earth minerals essential for EV components exceeds demand, according to The Wall […]

Critical Minerals

The Boom in Battery Metals for EVs Is Turning to Bust

February 19, 2024 Stu Turley

When the world’s most valuable lithium company last year announced plans for a $1.3 billion plant in South Carolina, local officials hailed it as transformative for the Palmetto State. The high-tech project from Charlotte, N.C.-based […]

metals and mining
Critical Minerals

Strong metals and mining M&A activity set to remain over 2024 — report  

February 16, 2024 Mariel Alumit

  The industry saw a significant rise in M&A activity across metals and mining companies in 2023 driven by the global energy transition, a theme Fitch Solutions expects to continue in 2024. Fitch expects to […]

Africa
Critical Minerals

US to explore African minerals for energy transition

February 14, 2024 Mariel Alumit

The United States is set to invest in mining Africa’s essential mineral resources for the ongoing energy transition, which involves transitioning from traditional fossil fuels to cleaner energy sources such as solar and wind power. […]

China
Critical Minerals

Uncertain global economic recovery looms over copper

February 13, 2024 Mariel Alumit

LME copper prices are now close to where they were a year ago. Prices have fallen throughout 2023 as global monetary tightening has weighed on developed economies. The short-term demand outlook for the red metal […]

Perpetua Resources
Critical Minerals

Perpetua Resources receives increased DOD funding for Stibnite Gold project in Idaho

February 13, 2024 Mariel Alumit

  Perpetua Resources (Nasdaq: PPTA / TSX: PPTA) announced Monday that its wholly owned subsidiary, Perpetua Resources Idaho, was conditionally awarded up to $34.6 million in additional funding from the US Department of Defense under […]

Alaska Energy
Critical Minerals

Alaska Energy boosts contained nickel at Nikolai project to 8 billion lb.

February 12, 2024 Mariel Alumit

  Alaska Energy Metals (TSXV: AEMC) said on Monday that its 100% owned Eureka deposit, part of its flagship Nikolai polymetallic project in Alaska, now contains one of the biggest known nickel resources in the US […]

Argentina
Critical Minerals

Argentina, US strengthen ties concerning critical minerals

February 11, 2024 Mariel Alumit

  The Argentine Chamber of Mining Companies (CAEM) and the United States Assistant Secretary of State for Western Hemisphere Affairs, Brian A. Nichols, met in Buenos Aires to discuss possible cooperation avenues when it comes […]

Mexican president
Critical Minerals

Mexican president proposes ban on open-pit mining

February 10, 2024 Mariel Alumit

  Mexican President Andrés Manuel López Obrador, known as AMLO, presented before parliament a series of constitutional reforms among which there’s a proposal to modify Article 27 so that it prohibits open-pit mining. In detail, […]

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