Chinese authorities have unveiled a massive expansion of the nation’s critical mineral reserves, announcing what geologists describe as a “super-large” discovery of rare earths, fluorite, and baryte in Sichuan province, alongside a significant antimony find in Gansu. The announcement, made on Friday, comes as Beijing and Washington intensify their rivalry over control of the supply […]
Japan is advancing plans for a potential deep-sea mining trial after successfully retrieving rare earth-rich sediment from nearly 6,000 metres below the Pacific Ocean, in what officials describe as a major step toward securing critical mineral supplies. The breakthrough, achieved by the deep-sea drilling vessel Chikyu operated by the Japan Agency for Marine-Earth Science and […]
Australia-based Neometals is re-entering upstream resource development through a new joint venture in the United States, targeting lithium and potash production as part of its broader critical minerals strategy. The company has agreed to earn a 51% stake in Utah Brine Corporation by investing up to $2 million over three years under a binding deal […]
Australia-listed Lynas Rare Earths has moved closer to securing a key role in the United States’ defence supply chain after signing a binding letter of intent with the US Department of War for the supply of rare earth oxides. The agreement, signed via its subsidiary Lynas USA, outlines a proposed $96 million commitment by the […]
Japan is in discussions with India to jointly explore rare earth deposits in the western state of Rajasthan, as Tokyo moves to reduce its reliance on China for critical minerals used in advanced manufacturing, according to sources familiar with the matter. The talks follow a preliminary agreement on critical minerals signed last year between the […]
The United States is intensifying efforts to reduce its dependence on China for rare earth minerals by turning to Brazil as a strategic partner, even as structural challenges in the global supply chain threaten to slow progress. Rare earth elements, vital for electric vehicles, advanced electronics and military systems, have become a focal point in […]
India has taken a significant step toward self-reliance in critical materials by laying the groundwork for a domestic ecosystem for Rare Earth Permanent Magnets (REPMs), as part of a broader push to strengthen its position in advanced materials value chains, according to an official statement issued on Tuesday. The initiative combines domestic manufacturing incentives with […]
India’s largest coal producer is widening its strategic ambitions beyond fossil fuels, with Coal India Ltd scouting partnerships in rare earth mining across Australia, Russia, Argentina, Chile and several African nations, as New Delhi steps up efforts to loosen China’s grip on critical mineral supply chains. The move follows China’s decision late last year to […]
Canadian mining firm First Quantum Minerals has expressed support for a new proposal from Panama’s government to allow the removal and processing of ore already stockpiled at the idled Cobre Panama mine. The company stated the move would address environmental risks without restarting the controversial mining operation. In a statement issued Thursday, First Quantum endorsed […]
A bipartisan group of U.S. lawmakers has proposed creating a $2.5 billion national stockpile of critical minerals, aiming to stabilize turbulent markets and counter China’s commanding control over global supply chains. The legislation, unveiled on Thursday, would establish a permanent “Strategic Resilience Reserve” of minerals such as lithium, nickel, and rare earths, materials essential for […]