Ontario ‘scales up’ Critical Minerals Innovation Fund to strengthen mining supply chain

View: Source The provincial government is providing $7 million for a new round of the Critical Minerals Innovation Fund (CMIF). It’s meant to help strengthen and secure mining supply chains so they’re not so dependent on the United States. Politicians and stakeholders were at Science North in Greater Sudbury on Wednesday when Minister of Energy and Mines, Stephen Lecce, announced the launch of the new …

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EU hails progress on China’s rare earth curbs but insists trade be rebalanced

View: Source After a one-day summit in Beijing, the European Union insisted on the need to immediately rebalance trade relations with China. The European Union announced on Thursday a tentative agreement with China to alleviate restrictions the country had placed on critical exports of rare earths, which had caused alarm across the bloc and threatened to paralyse entire industries. The stringent …

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Precious Metal Prices Surge Amid Geopolitical and Economic Uncertainty

View: Source Platinum saw a 28% price surge in June, marking its strongest monthly gain in decades, driven by supply concerns and investor interest. Palladium jumped 19% amid shifting sentiment and output cuts, though its long-term demand faces pressure from the EV transition. Silver climbed nearly 8%, nearing a 13-year high, while gold remained stable around $3,300 amid Fed uncertainty and …

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