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May 1, 2025

Pentagon’s AI metals program goes private in bid to boost Western supply deals

Open Price Exploration for National Security AI metals program is an attempt to counter China's sweeping control of the critical minerals sector.

April 30, 2025

Ace Green, OM Commodities sign lead scrap supply deal for Texas recycling facility

With more than 1.5 million metric tons of lead battery scrap available for recycling in the US alone, there is a critical gap in smelter capacity to keep valuable material…

April 30, 2025

Sumitomo, Builders Vision back US rare earths startup Phoenix Tailings

The company will use the funding as part of its construction of a $13 million facility in Exeter, New Hampshire.

April 30, 2025

Weir completes acquisition of Micromine for $840M

The Scottish engineering firm agreed to buy Micromine in late February, in an effort to enhance the group's digital mining solutions and support its growth strategy.

April 30, 2025

China makes thorium-based nuclear energy breakthrough using past US work

According to Chinese state media, a group of scientists recently managed to refuel a working thorium molten salt reactor without causing a shutdown — a feat never achieved before.

April 30, 2025

Caterpillar sees lower 2025 sales should Trump tariffs stay

The guidance, in line with previous expectations, came as the heavy-equipment maker posted first-quarter earnings that fell short of analysts’ estimates.

April 30, 2025

Botswana economy hit hard as diamond slump deepens

Botswana plans spending cuts amid falling diamond demand and a widening deficit, while seeking a larger stake in De Beers.

April 29, 2025

TMC submits application for deep sea mining under US law

The Metals Company has made history with the first-ever application for two exploration licenses and a commercial recovery permit.

April 28, 2025

Komatsu considers price hikes in the US in response to tariffs

The construction and mining equipment business is expected to suffer an annual negative impact of 140 billion yen ($976 million) from increased costs.

April 28, 2025

Aclara opens heavy rare earths pilot plant in Brazil

The company expects to process 200 tonnes of clay from the Carina project, resulting in an estimated production of 150 kg of heavy rare earth carbonates.