Can the G7 Break China’s Grip on Rare Earths by 2030? 

The G7 has finally put a number on rare earth diversification. Its commitment to cut reliance on any single non-allied supplier below 60% by 2030 is more than another communiqué flourish, but the real test is whether announced projects can be built, commissioned, and operating at scale before the deadline arrives.  The capacity pipeline is promising, but the middle of the supply chain remains the choke …

Continue Reading

‘New oil’: US aims to create $2.5-billion critical minerals stockpile to counter China’s dominance

Resource competition: US Congress moves to challenge China’s critical minerals dominance. A bipartisan group of US lawmakers has introduced legislation to establish a $2.5-billion “Strategic Resilience Reserve” aimed at strengthening domestic supplies of critical minerals and rare earth elements. The move marks the latest effort to reduce US dependence on China for materials essential to defense, clean energy and advanced …

Continue Reading

Nickel Prices Slip on Rumored Indonesia Quota Hike Despite Official Denial

Benchmark nickel prices took a tumble this week on news that top producer Indonesia is preparing to significantly raise its annual mining quotas to 360 million metric tons. The country’s Ministry of Energy and Mineral Resources reportedly notified several mining companies that mid-year revisions will raise the total volume of mining quotas, known as RKABs, from the 260 million metric tons authorized …

Continue Reading

Canada announces more federal investment for projects to advance critical minerals mining

Canada Energy and Natural Resources Minister Tim Hodgson on June 29 announced investments of up to $73-million planned for 12 projects across Canada to advance mining and the infrastructure needed to connect Canadian critical minerals to global markets. The country has been on a drive to position itself as a stable supplier of the mineral resources that power clean energy, advanced manufacturing and defence. The new investments include $51.5-million …

Continue Reading

Nigeria identifies major new critical minerals district, large lithium discovery

Nigeria has revealed what officials describe as its most significant critical minerals discoveries in years as Africa’s largest oil producer seeks to diversify its economy and establish itself as a key supplier for the global energy transition. At the African Natural Resources and Energy Investment Summit in Abuja last week, the country said it has identified a new polymetallic mineral province …

Continue Reading

New money from Ontario for critical minerals supply chain

The province says it’s spending $740,000 to support the development of the critical minerals supply chain with funds being directed to two Nipissing businesses. Nipissing MPP Vic Fedeli said June 25 that the funding comes from the critical minerals innovation fund, which is used by the provincial government to support innovation and unlock new opportunities for economic growth. A $500 …

Continue Reading

EU pitches Brazil a ‘more beneficial’ rare earths deal than US or China

European Union is offering Brazil a “more beneficial” partnership on critical minerals than the United States or China, the bloc’s international partnerships commissioner said on Thursday, promising investment in domestic refining and technology as Brussels works to cut its dependence on Chinese supply chains. European Commissioner for International Partnerships Jozef Sikela made the case during a week-long visit to Brazil that included a stop on …

Continue Reading

Canada, Japan consider critical minerals joint stockpiling in hunt for China alternatives

Canada and Japan are working on a range of mining projects, including potential joint stockpiling, Canada‘s Trade Minister told Reuters, as Japan moves to diversify supplies of critical minerals and reduce dependence on China. Ottawa and Tokyo are in talks on options for cooperation including joint mining projects, offtake agreements and stockpiling arrangements for minerals such as graphite and gallium, International Trade Minister Maninder Sidhu said in an interview. “We’re offering Japan that avenue to do more with Canada in terms …

Continue Reading

UK Government commits £50m to critical minerals industry

The government has announced a £50 million investment package aimed at strengthening the UK’s supply of critical minerals. The funding is designed to bolster domestic production, reduce reliance on imported materials and support the development of more resilient supply chains for minerals used in products ranging from smartphones and white goods to electric vehicles. Ministers say the package will help …

Continue Reading

Central Bankers Plan to Keep Stacking Gold

Central bank gold reserves have increased by an average of 1,000 tonnes per year over the last four years. That’s double the 500-tonne average during the previous decade, and the trend doesn’t appear to be slowing down. According to the World Gold Council’s 2026 Central Bank Gold Reserves Survey, a record 45 percent of the 76 respondents indicated they expected …

Continue Reading

Recent Comments

No comments to show.

Categories