Most energy and mining projects 20% in the red: study
Miners and energy companies are facing average budget overruns of 15% to 20%, which puts nearly US$1.5 billion of capital invested in energy transition-related projects at risk each year through…
Rare Earths
Australia directs Chinese crit-min backers to divest
Australia has ordered several China-linked investors to sell their 10.4% holding in rare earths project developer Northern Minerals (ASX: NTU) in a move similar to Canada’s two years ago. The…
JV Video: Scandium Canada engages locals in rare earth project, CEO says
Scandium Canada (TSXV: SCD; OTCQB: SCDCF) has signed a pre-development agreement with a First Nation as the Crater Lake scandium rare earths project gathers speed in northern Quebec, CEO Guy…
NGO sues Norway over deep-sea mining plans
Environmental activists have once again turned to the Norwegian courts, this time suing the government over its plans for seabed mineral exploration, which they claim has failed to test the possible…
Video: US Dept of Energy joins with industry to face transition
How to channel billions of dollars in United States government aid for mining critical minerals was a topic for panellists at The Northern Miner’s Energy Transition Metals Summit in Washington,…
Wicheeda rare earths suitable for commercial processing, Ucore says
Ucore Rare Metals (TSXV: UCU; US-OTC: UURAF) has deemed a 26-tonne sample of mixed rare earth carbonate (MREC) from the Wicheeda mine as suitable for processing on a commercial scale…
Uranium producer Energy Fuels acquires Base Resources for US$241M
Uranium and rare earths producer Energy Fuels (TSE: EFR; NYSE: UUUU) has agreed to acquire 100% of the issued shares in Base Resources (ASX: BSE; AIM: BSE), in a deal…
‘World record’ rare earths recovery at Colossus: Viridis
The company stated that it has achieved the highest overall bulk ionic recoveries globally, with rates as high as 67%, in its Colossus project in Brazil.
NioCorp eyes rare earth magnet recycling
NioCorp Developments (TSX: NB) plans to start a research project to evaluate the feasibility of recycling rare earth permanent magnets. This effort would be part of the $122.8-million market cap company’s…
Ontario program funds Aussie lithium explorer Pioneer
The Ontario government is helping fund Australia-listed Pioneer Lithium (ASX: PLN) for its Root Lake project in the province’s northwest. The Ontario Junior Exploration Program, which pays up to half…
Altona Rare Earths strikes copper deal in Botswana
Shares in Altona Rare Earths (LSE: REE) gained more than a third on Tuesday after saying it had inked a deal to acquire the majority of a copper and silver…
MP Materials wins US$58.5M tax credit for Texas rare earth magnet factory to supply GM
MP Materials (NYSE: MP) is being funded US$58.5 million from the United States government to finish building the country’s first integrated rare earth magnet plant, one that will supply General…