Brazilian government considers creating state-owned company linked to rare earths

The Brazilian government has begun internal discussions to evaluate the creation of a state-owned company linked to rare earths, according to officials familiar with the talks consulted by BNamericas. The discussions are at a preliminary stage and, even within the government, have generated divisions, with some factions more connected to the political area, such as the Chief of Staff’s Office, advocating …

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Mineral supply security advocate warns of Europe’s impending critical minerals crisis

London-based mining services provider Norge Mineraler says the closure of the Strait of Hormuz will have a direct impact on Europe’s ability to boost military capabilities, particularly if the supply of critical minerals is disrupted. Norge Mineraler founder Michael Wurmser says sulphur is a particular point of concern since the Gulf provides 25% of the world’s supply. Companies in the region produce sulphur as a byproduct …

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Indonesia bets on nickel levy to break its China habit

New nickel export tax is Indonesia’s boldest move yet to cut Chinese smelter dependence and climb the global value chain. Indonesia’s sweeping nickel downstreaming policy, launched in 2020, is entering a more consequential phase. Having successfully halted raw ore exports, the government is now preparing to deploy a more assertive instrument: an additional export levy on processed nickel products. Energy …

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Wells Fargo sees gold at $6,300 by end-2026 despite recent slump

Gold has failed to behave as a safe-haven asset over the past month, with macroeconomic headwinds weighing on sentiment. However, Wells Fargo believes that long-term prospects for the precious metal remain well-supported.  Gold prices on COMEX climbed 2% on Friday, buoyed by a weaker dollar, which made the metal cheaper for overseas buyers.  The yellow metal is still set for its …

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Canada loaning millions to proposed Nunavik rare earth mining project linked to Trump White House

Amid Prime Minister Mark Carney’s calls that the Canada-U.S. relationship is ruptured, Ottawa has committed $175 million to a mining project in northern Quebec whose major U.S. investor is closely linked to the Trump administration. Energy and Natural Resources Minister Tim Hodgson says the Carney government’s support for the rare earth mine is necessary to protect Canadian jobs and the …

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US and allies push rare earths, lithium supply chains but structural hurdles remain

Efforts by the United States and allied nations to rebuild critical mineral supply chains are progressing, but structural and market challenges are keeping the industry on an uneven footing, according to a Jefferies report. Rare earth magnet capacity in the US is expanding from a near-zero base, while lithium markets are shifting from surplus toward a tighter carbonate balance by …

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Gold strong, but juniors must deliver, Haywood says

Gold’s record run may have lifted junior miners, but Haywood Securities says the next stage will be far less forgiving, with capital flowing only to companies that can deliver results in the ground. “New discoveries remain one of mining’s highest-reward stages, even as the easy gains from rising metal prices have faded,” Haywood’s mining analysts wrote in their new quarterly …

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Is This The No.1 Way To Play the Rare Earth Crisis?

In Euclid, Ohio, just outside Cleveland, sits a facility that most people would drive right past without a second look. But inside that facility, work is being done that could reshape America’s position in one of the most critical supply chain battles of our time. The company behind this work is REalloys (NASDAQ: ALOY), and they’re turning rare earth oxides …

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Copper has held up to Middle East pressure but UBS says recession risk looms

Copper prices have proved surprisingly resilient in the face of the Middle East conflict, but UBS warns the metal has only just begun to price in the risk of weaker global demand. A full-blown recession could push prices sharply lower, the Swiss bank said. Copper on the London Metal Exchange (LME) briefly dipped below $12,000 per metric ton before steadying, a …

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Gold Got Sold to Fund the Storm and Now Short Covering and Accumulation Collide

Now Short Covering and Accumulation Collide Gold did not break because the thesis broke. It broke because the system needed cash, and gold was the cleanest collateral to turn into dollars when the pressure hit the pipes. The sequence was brutally simple once you strip out the noise. The Middle East shock did not send money into gold; it sent money into …

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