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MPs warn Britain fails critical minerals tests over China dependence
MPs say they cannot be confident that the UK government passes any of ten tests for cutting dangerous dependence on China for critical minerals, in a House of Commons report that also shows cumulative rare-earth demand for Industrial Strategy growth sectors rising from 1,161 tonnes in 2024 to 18,020 tonnes by 2030.

Nickel jumps 3.8% as Indonesia targets major ore trader
Three-month nickel on the London Metal Exchange rose 3.8% to US$16,375 a tonne at 17:00 GMT on November 5 after Indonesia’s forest task force moved against companies linked to nickel trader Arif Kurniawan.

REalloys signs term sheet for up to 75-year US Army lease for Utah heavy rare-earths plant
REalloys has taken a step towards building a heavy rare-earths processing plant on US Army land in Utah after signing a non-binding term sheet with the Army for a lease of up to 75 years at Tooele Army Depot.

Chile copper output falls 15%, steepest drop since 2017, as Kamoa-Kakula cuts Congo guidance
Chile’s copper output fell 15.1% in September to 387,870 tonnes, its steepest monthly drop since March 2017, putting the world’s top producer on course for its lowest annual output since 2003.

Midterms set up the real test for US mine permitting
Democrats will control both chambers of Congress from January, according to Associated Press race calls reported by NPR. That puts Hakeem Jeffries on course to become Speaker of the House and Chuck Schumer on course to become Senate Majority Leader.

Pentagon’s China rare earth ban starts on Jan 1, but new supply can take 10 years
In less than 60 days, the Pentagon will stop buying rare-earth magnets, tungsten and tantalum that were mined, refined or processed in China — but the industry that has to comply says a new mine or refining source to replace that supply can take up to 10 years to identify, build and certify.








