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Kenya nears decision on Mrima Hill critical minerals project

Kenya expects to select a developer for the multibillion-dollar Mrima Hill critical minerals deposit within three weeks, with major US, Australian, and British consortia…

CHONGQING, CHINA – JULY 26: Rare earth elements including Scandium (Sc), Yttrium (Y), Neodymium (Nd), Lanthanum (La), and others. (Photo illustration by Cheng Xin/Getty Images)

West could diversify rare earths within five years

Western nations could achieve substantial rare earths diversification away from China in three to five years, according to France's strategic minerals envoy.

Atomic symbol for Yttrium, a rare earth.

EU looks to US model for critical minerals security

The EU is considering taking direct equity stakes in critical-minerals projects to cut its reliance on China and keep pace with interventionist strategies in the US and Japan.

Lithium concentrate

Kodal eyes wider West African lithium footprint

Kodal Minerals is set to broaden its West African lithium portfolio beyond Mali's Bougouni mine, securing an exploration deal in Ghana amid a rebound in critical mineral demand.

Lithium concentrate

Springbok lithium project scores $60m funding bid

Lithium Africa has secured two non-binding funding offers, including a US$60m investment proposal, for its Springbok project in the Northern Cape as it aims for first production…

Copper smelting at El Teniente mine, the world’s largest underground copper mine in Machali, near Rancagua, Chile on April 2, 2025. (Photo by RAUL BRAVO / AFP) (Photo by RAUL BRAVO/AFP via Getty Images)

Copper needs $332bn to avert supply crunch

Copper producers must invest around $332bn in new mines to avoid a looming supply crunch and protect the pace of global electrification, according to BloombergNEF.

Tharisa mine

Tharisa starts wheeling renewable power to SA mine

Tharisa has begun receiving wheeled renewable electricity from an Etana Energy wind project in Mpumalanga, marking the first step in a major long-term clean power deal.

Copper cathodes

Ivanhoe Electric in advanced talks over Arizona copper

Ivanhoe Electric is holding advanced talks with prospective buyers for copper from its Santa Cruz project in Arizona, driven by growing demand from data centres and power networks.

Brian Menell, founder, Techmet

TechMet taps Venezuela for US vanadium supply

Critical minerals investor TechMet has begun purchasing Venezuelan refinery by-products to feed its vanadium facilities in Arkansas, capitalising on eased US trade restrictions…

People walk past the headquarters of the World Bank in Washington, D.C. Photographer: T.J. Kirkpatrick/Bloomberg via Getty Images

World Bank eyes $19bn critical minerals drive

The World Bank plans to boost its critical minerals financing fivefold to $19 billion over the next five years, targeting partnerships across 20 countries to support mining and…

Picture: REUTERS

Tech firms in talks over metals supply, says Wanblad

Technology companies building data centres for AI are in active talks with miners to secure direct supplies of critical metals like copper, says Anglo American CEO Duncan Wanblad.