Mining DECODED
Latest edition: 20 May 2024
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Spotlight
With its critical mineral strategy, Australia seeks to break free from China
China currently dominates the global REE market due to government support and weak environmental protections.
Latest news
Cosmos Exploration to acquire 80% stake in Canadian uranium project
Cosmos Exploration has announced a conditional agreement to acquire an 80% interest in the Fenix Uranium Project in Canada's Thelon Basin from Northex Capital Partners.
Australia's Loyal Lithium raises funds for Quebec lithium project
Australian Securities Exchange (ASX)-listed Loyal Lithium (LLI) has raised A$3.3m ($2.1m) through a share placement, involving the issuance of 7,345,744 new shares.
Usha to sell stake in Jackpot Lake Lithium project in Nevada, US
The letter of intent (LOI) is non-binding and the deal's finalisation is contingent upon several conditions including due diligence.
UK's Horizonte Minerals enters administration
Horizonte Minerals, a UK-based mining company, has been placed into administration following its inability to secure the necessary financing for the completion of its Araguaia Nickel Project in Brazil.
Strandline to divest Tanzanian mineral sands assets to cut debt
The proceeds from this transaction will be used to repay Strandline's existing super senior indebtedness.
Rock Tech gains full permits for lithium refinery in Germany
The refinery will have the capacity to produce 24,000 tonnes (t) of battery-grade lithium hydroxide each year.
Miramar secures Eastern Goldfields exploration licence
Miramar aims to acquire licence E25/654, located approximately 90km east of Kalgoorlie.
In our previous edition
Mining Decoded
US, Canada co-invest in Fortune Minerals, Lomiko projects
17 May 2024
Mining Decoded
Coal India and NMDC on global hunt for lithium mines
16 May 2024
Mining Decoded
Australia commits A$7bn to tax incentive for critical minerals processing
15 May 2024
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