Junior and Intermediate mining companies have almost quadrupled their funds raised to US$1.61 billion in October 2024, the highest since March 2022. According to new data from S&P Global Market Intelligence, a significant increase in transactions and high-value financings reversed...

Leaders in crypto are lobbying President-Elect Donald Trump to create a national bitcoin reserve, as the value of bitcoin reaches for US$100,000/USD. The Washington Post reports the principal aim for crypto leaders is for the US Federal government to buy...

The British Geological Survey's Critical Minerals Intelligence Centre has released its 2024 UK Criticality Assessment, identifying 34 raw materials as critical for the UK economy and national security, with 17 new additions to the list. Significant updates to the list...

Orders to withdraw zinc from the London Metal Exchange warehouses hit 97,225 tons over the last few days, one of the largest orders in more than 10 years. Bloomberg reports Trafigura Group — one of the world’s biggest traders and...

A complete halt in net exports of gallium and germanium from China could cost between US$1.7 billion - US$8.2 billion to the US economy, and maybe as much as US$9 billion if disrupted simultaneously. A new report by the US...

Chinese companies invested approximately US$16 billion into mines internationally, not including minority investments, in 2023 — the highest figure in 10 years, increasing from US$5 billion in 2022. The investments, from data compiled by The Economist, include: $5bn in a copper...

Zhejiang Huayou Cobalt Co, one of the world's largest nickel producers, is reportedly in discussions with banks to finance its nickel mining project in Indonesia, in partnership with Ford, for approximately US$2.7 billion. Bloomberg reports the financing initiative involves banking...

Global demand for helium is forecast to increase from 176million m3 to 322 million m3 — almost double — by 2035. A new report by IDTechEx, expects the growth to come from the semiconductor industry, driven by growth in artificial intelligence and...

The US House of Representatives has passed the Critical Mineral Consistency Act 2024, to expand the definition of officially designated critical minerals to include "critical materials" listed by the Department of Energy. The US list of critical minerals will now...

The Russian government has announced "temporary restrictions" on exports of enriched uranium to the US — but no timeline has been given for when the restrictions might be removed. The ban is reportedly in response to US restrictions on imports of...

Electric vehicle (EV) sales for 2024 are estimated to reach a record 16.7 million units, up from 13.9 million in 2023, according to new data from BloombergNEF. In H1 2024, global EV sales, including both battery-electric and plug-in hybrid, increased...

President Biden has established domestic nuclear energy deployment targets to at least triple current US capacity (based on 2020 numbers) by 2050. The new framework is "an ambitious, first-of-its-kind framework" including: building new nuclear power plants uprating existing reactors restarting...