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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.