China’s rare earth ban spurs Japan-India partnership on critical minerals

Seeking to lessen its dependence on China for rare earth elements—which are essential for magnet production—Japan is currently negotiating with India.  The discussions focus on a joint exploration for rare earth deposits located in the desert state of Rajasthan, according to a Reuters report.  Joint exploration and deposit According to India’s Mines Minister, G. Kishan Reddy, three hard rock rare earth …

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US, Japan unveil $36 billion of oil, gas and critical minerals projects in challenge to China

Japan has drawn up plans for investments in US oil, gas and critical mineral projects worth about $36bn under the first wave of a deal with US President Donald Trump. The US president and Sanae Takaichi, Japan’s prime minister, announced a trio of projects including a power plant in Portsmouth, Ohio, billed by the Trump administration as the largest natural …

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Canada Plans $2.6B to Spur Critical Minerals Projects

Canada is moving closer to deploying around C$3.5 billion ($2.6 billion) in investments and programs to accelerate development of critical minerals deposits. Energy Minister Tim Hodgson gave further details on the package March 3, including C$44 million for upgrades to the Northwest Transmission Line in northern British Columbia, which will help power Newmont Corp.’s Red Chris copper mine expansion. There’s …

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Gold holds near $5,200 as Fed bets fade, WGC sees upside

Gold steadied around $5,177 on Friday, consolidating within this week’s range as traders weighed fading hopes for near-term Federal Reserve rate cuts against persistent geopolitical risk. At the same time, the World Gold Council (WGC) argues that the metal’s recent strength is driven less by exuberance and more by hedging demand amid fragile underpinnings in risk assets and a market …

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Canada’s critical minerals push faces capital gap: RBC

Canada has channelled just 11% of its mining capital into critical minerals over the past 25 years, leaving the country behind global peers as demand for strategic resources accelerates, a new RBC report shows. More than C$700 billion ($512 billion) has been raised in Canadian mining equity and mergers and acquisitions since 2000, with 70% flowing to gold and precious metals, …

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Critical minerals in focus as major Toronto mining conference underway

The securing and production of critical minerals is in focus this week as one of the world’s biggest mining conferences takes place in Toronto. The Prospectors and Developers Association of Canada conference, which counts over 27,000 attendees, comes as the push accelerates for countries to secure supplies of key metals amid rising global trade tensions. In a keynote speech Monday, …

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India, Canada launch defense dialogue, sign pacts in critical minerals, uranium supply

Pacts signed as Indian Premier Narendra Modi hosted Canadian Premier Mark Carney for bilateral talks in New Delhi. NEW DELHI India and Canada on Monday launched a defense dialogue and signed agreements in several areas, including uranium supply and critical minerals, following bilateral talks in New Delhi. Indian Prime Minister Narendra Modi held talks with his Canadian counterpart Mark Carney …

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