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The Latest Breaking News from Mining

CATL Cleared for $945 Million Lithium Mining Acquisition

Bankruptcy court accepts battery giant’s proposal to pay off Sinuowei Mining Development’s debt and buy out its investors

Caixin Global

NY crypto lawsuit has climate fallout

The lawsuit determines whether the state's Public Service Commission must consider emissions in its decision making

Salon

No 'green' mining boom for Australia yet, despite lithium and hydrogen investment surge: CBA

Investment in "green" mining, including lithium and hydrogen projects, is on the up but analysts say it is not yet the start of a new mining super cycle, and gas and coal projects are still attracting the majority of funding.

ABC News

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The community is suffering from this impasse: Stockton offshore dredging licence debate blows up

Deputy Premier Paul Toole has accused City of Newcastle of hindering progress on getting sand back on Stockton Beach by its refusal to take responsibility for a vital offshore dredging program.

Newcastle Herald

Deep seabed mining plans pit renewable energy demand against ocean life in a largely unexplored frontier

As companies race to expand renewable energy and the batteries to store it, finding sufficient amounts of rare earth metals to build the technology is no easy feat. That’s leading mining companies to take a closer look at a largely unexplored frontier – the deep ocean seabed.

The Conversation

No silver lining for mine plan: acid runoff risk

A Hunter-based mining consultant has raised concerns about the potential of acid mine runoff from a proposed silver mine to pollute the surrounding catchment.

Newcastle Herald

Sweden discovers Europe’s largest rare earth mineral deposit

The rare minerals are used for the creation of electric vehicles, wind turbines, and more.

Evening Standard

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Six persons arrested for illegal mining in Himachal Pradesh, FIRs registered

SHIMLA: In a major operation launched against illegal mining at five locations including Bathu- Bathri- Santoshgarh, Khanpur - Nangal Khurd – Fatehpur, Ghaluwal, Basal and Jankaur in Una district on Sunday late night, the police teams have seized one proclaim excavator, one JCB, 4 tipper trucks and 9 tractors engaged…

The Times of India

Hawks Nest, Tomago rare earth mining bid a one-off, backer says

He said that despite the name "rare earths", the individual minerals themselves were relatively common in the earth's crust, but were not often in concentrations that made them economic to recover.

Newcastle Herald

Can we suck the water out of asteroids? New research may solve one obstacle

Scientists found that solar sails, not rockets, could be the best option to return materials mined from asteroids back to Earth.

Inverse

Energy, Metal Companies Eyeing Public Offering in Saudi Arabia

Energy and mineral companies expressed intentions to expand and move towards public offering and listing in the financial market as the Future Minerals Forum concluded in Riyadh on Thursday, with the signing of 60 agreements and MoUs. The event was held with the participation of 200 speakers and more than…

Asharq Al-Awsat

Salvadoran environmental defenders detained for decades-old crimes

Activists worry the arrests are a move by the cash-strapped government to open the country to now banned metals mining

The Guardian - US

Nevada lithium mine gets $700M conditional loan from Energy

The U.S. Department of Energy says it plans to loan $700 million to an Australian mining company to pursue a proposed lithium project in Nevada

The Independent UK

Environmental group sues New York for approving crypto mining facility

Lawsuit argues move to allow energy-intensive cryptocurrency miner to take over power plant violates state’s 2019 climate law

The Guardian - US

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Asharq Al-Awsat

Jubail, Yanbu Sign $11.4-Billion-Worth Investment Agreements in Mining

The Royal Commission for Jubail and Yanbu (RCJY) - the two largest industrial cities in the Kingdom – have announced five agreements worth more than 43 billion riyals ($11.4 billion) to establish projects in Ras Al-Khair Minerals City and Yanbu Industrial City. The agreements were signed on the sidelines of…

Asharq Al-Awsat

Int'l Conference in Riyadh Upholds Roadmap to Support Smart Mining

The Future Minerals Forum, which concluded in Riyadh on Thursday, stressed the importance of adopting a road map to support smart mining, while reducing the costs of green hydrogen and developing the use of hydrogen to reach a carbon-free mining sector. Participants in the conference emphasized the role assumed by…

The Conversation

Mining and armed conflict threaten eastern DRC’s biodiversity in a complex web

The Democratic Republic of Congo’s (DRC) conflict-affected eastern provinces are home to numerous protected areas. These areas host unique biodiversity and a range of threatened species, such as the okapi, forest elephant and mountain gorilla. They are also part of the Congo Basin rainforest, which is a crucial line of…

Asharq Al-Awsat

Russia Claims Control of Soledar, Ukraine Says Fighting Ongoing

Russia said Friday its forces had wrested control of the war-scarred town of Soledar in east Ukraine, its first claim of victory in months of battlefield setbacks, but Ukraine said there was no takeover. Both sides have conceded heavy losses in the battle for the salt mining outpost, with Moscow…

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The Independent UK

Ukraine news – live: Russian missiles target Kyiv as battle for Soledar continues

‘Our units are there, the town is not under Russian control’, Ukrainian official says

France 24

Ukraine denies Russia’s claim that it has captured the city of Soledar

Russia's defence ministry said on Friday that its forces had taken control of the eastern Ukrainian mining town of Soledar on Thursday, state media reported. Kyiv, however, denied that this was the case, saying heavy fighting was still ongoing. Read our live blog below to see how the day's events…

Reuters

Major Ecuador indigenous group threatens anti-mining protests

Ecuador's major indigenous organization said on Thursday it was preparing to hold protests in mining areas in an attempt to stop extractive activities near its communities.

Reuters

Russia claims capture of Ukraine's Soledar, but Kyiv says still fighting

Russia said on Friday that its forces had taken control of Soledar in eastern Ukraine, in what would be a rare success for Moscow after months of battlefield reverses, but Kyiv said its troops were still fighting in the town.

The Independent UK

China note! EU-member Sweden locates rare earth deposits

A Swedish government-owned iron ore mining company says it has identified “significant deposits” of rare earth elements in Arctic Sweden that are essential for the manufacture of electric vehicles and wind turbines

Reuters

Russia's war on Ukraine latest: Germany sets condition for U.S. on supplying tanks

Ukraine pleaded on Thursday for the West to finally send it heavy tanks as the defence chiefs of the United States and Germany headed for a showdown over weapons that Kyiv says could decide the fate of the war.

Asharq Al-Awsat

Int’l Mining Community Highlights Importance of Saudi Minerals in Meeting Global Demand

Officials and investors emphasized on Wednesday the importance to uncover the Kingdom’s mining wealth, given the gap the world faces in the need for minerals and renewable energy. During the first day of the International Mining Conference in Riyadh, senior officials and heads of major international companies said Saudi Arabia…

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