US nuclear capacity needs — and has the potential — to triple from 100 GW in 2024 to 300 GW by 2050, according to a new report by the US Department of Energy. This would mean a significant increase in uranium supply:...

Raw Materials needed to meet the energy transition could face significant deficits in the next 10 years, some as soon as this year, and will need an estimated US$2.1 trillion in new mining investments by 2050 to meet demand, according...

Senior leaders across the mining industry see investment capital as the number one risk to the mining industry in 2025, according to a new survey by EY. In particular, miners need to accelerate growth while maintaining discipline and returns. Environmental...

Fourteen global banks and financial institutions, including Goldman Sachs and Morgan Stanley, have announced their support to back efforts to triple nuclear energy by 2050, a pledge made at COP28 in 2023. "Our collective mission is clear: nuclear energy is...

The US has confirmed it will go ahead with Section 301 tariffs on a variety of commodities from China, according to the the Office of the United States Trade Representative. The tariffs include: 100% on electric vehicles 50% on solar...

The US has the second longest mine development times in the world, at almost 29 years on average from first discovery to first production, according to a new report by S&P Global Only mines in Zambia take longer, at 34...

Since copper’s move above $4/lb in March 2024, the giant copper producer Freeport-McMoran’s (NYSE: FCX) stock jumped 20+%. That’s a material increase for a $60+ billion company. However, the percentage move pales in comparison with its tiny namesake’s (Freeport Resources...

The geographic concentration of mining and refining of critical minerals has become increasingly concentrated last year — despite efforts by the West to diversify supply chains. According to the latest IEA Global Critical Minerals Outlook 2024 report, the easing of short-term...

The explosion of Artificial Intelligence (AI) is expected to spark a 10-year critical mineral supercycle as the massive energy needs of new AI data centers will increase pressure on global supply chains already under strain to meet global net-zero targets....

The average time to build new mines has increased to 17.9 years — almost 18 years — for new mines coming online in 2020-23, a significant jump compared to 12.7 years for mine projects started up 15 years ago, according to new...

The world's largest producer of uranium, Kazatomprom, has updated it's production guidance from 25,300 tU to 21,750 tU for 2024, a decrease of over 14%. Also, production volume for the majority of its uranium mining operations will be approximately 20%...

Investment in clean energy increased 17% in 2023, to reach $1.77 trillion, according to the latest BloombergNEF report. Electrified transport, including electric batteries and vehicles, is now the largest sector for spending in the energy transition, growing 36% in 2023...