Daily
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Simandou Production Reaches 10 Mtpa Annualised Rate
Rio Tinto reports a Simandou production rate of approximately 10 Mtpa on an annualised, 100% basis. Also: Luca’s Cozamin financing, Escondida’s labour agreement, Hillgrove’s first antimony concentrate shipment, Grange’s Savage River investment decision and Mercuria’s Mount Morgan prepayment.
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NioCorp Signs Traxys Ferroniobium Offtake for Elk Creek
NioCorp announces a binding Traxys agreement for 50% of Elk Creek’s planned ferroniobium output over 15 production years. Also in this edition: HyProMag secures power for its Texas magnet hub; Energy Fuels amends the pending VAC acquisition; SSR Mining agrees to acquire Roxmore; Tharisa updates Karo construction and financing; and Kodal reports Bougouni production, shipments…
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Trafigura Signs EnergyX Lithium Offtake for Chile and U.S. Projects
Trafigura signs a binding EnergyX lithium offtake agreement lasting ten years covering 100,000 tonnes in total from Chile and U.S. projects. Also in this edition: Codelco provides an October 11 safety update from El Teniente; Arafura signs a binding rare earths offtake; Cerro de Pasco wins the Quiulacocha auction in Peru; KEFI restarts Tulu Kapi…
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European Union · Critical Raw Materials · 46 New Strategic Projects Selected
The European Commission selects 46 new Strategic Projects across 16 Member States under the Critical Raw Materials Act. Also in today’s Daily: a US$30 million strategic equity closing for Cariboo, a US$55 million Timmins asset sale agreement, a Silver-1 court decision in Ecuador, an extended U.S. federal permitting timetable at Castle Mountain and lower 2026…
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Australia · Rare Earths · Nolans Construction Starts
Construction starts at the Nolans rare earths project in Australia. Also in today’s Daily: a binding four year Canadian lithium offtake, final major antimony plant equipment arriving in Alaska, a three year rare earth and niobium exploration permit in Ontario, completion of the San Ignacio to Bolanitos underground connection in Mexico and C$15.02 million in…
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United States · Graphite · U.S. Army Commercial Framework Signed
The U.S. Army and Titan Mining sign a commercial framework for a graphite processing facility at Anniston Army Depot. Also in today’s Daily: a binding four year Canadian lithium offtake, a new DMS development route in South Africa, restored U.S. uranium project control, a Canadian anode coating process and C$8.28 million in Nevada gold exploration…
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Brazil · Lithium · Mining Operations Resume After Federal Court Decision
Sigma Lithium resumes mining and industrial operations in Brazil after a Federal Court of Appeals maintains the validity of its environmental licences. Also in today’s Daily: Northumberland closes in Nevada, Project Dynamo expands its rare earth separation scope, New Polaris produces antimony metal above 99% in test work, Lundberg increases its Indicated copper zinc resource…
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Greenland · Rare Earths · Tanbreez Mining and Closure Plans Approved
Greenland approves the Tanbreez Mining Plan and Closure Plan through 2050. Also in today’s Daily: Tanzania renews North Mara’s gold mining licences for 15 years, Youanmi reaches financial close on A$350 million of debt facilities, Chile authorizes Puquios water diversion construction, Cotabambas signs a five year surface access agreement in Peru and Senegal reports the…
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Argentina · Copper · MARA Receives RIGI Approval
Argentina approves MARA under RIGI. Also in today’s Daily: commercial copper and gold concentrate production begins at Hope & Gorob in Namibia, the U.S. Ukraine Reconstruction Investment Fund approves a critical minerals investment platform, Nevada North reaches pre feasibility, Spain publishes the Orión critical minerals scoping study and Grasberg reports mill throughput at approximately 67%…
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Australia / Brazil · Rare Earths · A$968 Million Acquisition Agreement Signed
A binding A$968 million agreement targets Meteoric Resources and the Caldeira rare earths project in Brazil. Also in today’s Daily: Marathon enters construction in Canada, grid power is energised at Kangankunde in Malawi, Chile authorizes a 110 kV connection for Marimaca, Fenn Gib receives a proposed C$310 million financing framework and New Amalga signs a…