Critical Minerals
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G50 Applauds Gallium Inclusion in the Landmark Critical Minerals Framework Signed by President Trump and Australian Prime Minister Anthony Albanese
Prnewswire· 2025-10-21 12:15
Core Insights - The U.S. Department of War is investing in a 100 metric ton-per-year advanced gallium refinery in Western Australia, marking a significant step towards self-reliance in critical minerals processing [2][4] - G50 Corp. Limited is advancing its Golconda project in Arizona, which is recognized as the most advanced gallium project in the U.S., with recent drilling confirming a large polymetallic discovery [3][4] Investment and Infrastructure - The agreement signed by U.S. President Donald J. Trump and Australian Prime Minister Anthony Albanese represents the first major investment by a Western government in gallium refining infrastructure [2] - The investment aims to address the challenges in sourcing, mining, and refining gallium, particularly given China's control over 98% of global production and recent export restrictions [4] Project Development - G50's Golconda Project has shown promising results from its Phase 2 drilling program, revealing over 700 meters of polymetallic resources, including gold, silver, zinc, and gallium [3] - The strategic location of the Golconda Project is expected to play a crucial role in supplying strategic metals to the U.S. and integrating into domestic supply chains [4]
Adamera Reports on its Talisman Tungsten Property, Washington State - Plans to Offer the Project for Joint Venture
Thenewswire· 2025-10-21 11:30
Core Viewpoint - Adamera Minerals Corp. is offering its Talisman Copper-Silver-Tungsten Property for joint venture, highlighting the project's potential for exploration due to increased demand for critical minerals, despite it not being core to the company's business [1] Group 1: Project Overview - The Talisman Property includes the historic Talisman tungsten mine and has reported mineral grades of 0.35–1.0% WO₃ [1] - The property has shown significant mineralization of copper, silver, lead, zinc, and bismuth, with high-grade copper and silver averaging 5% and 103 g/t respectively [3][4] - Historical production of tungsten at the Talisman Mine was significant during World War II, supplying strategic materials for military applications [3] Group 2: Mineralization and Exploration - Recent exploration has identified a polymetallic mineralized system that extends beyond the old tungsten mine workings, indicating potential for a larger deposit [3] - Surface sampling and geophysical interpretation suggest that mineralization of copper, silver, zinc, and lead extends well beyond the historic mine, with significant values reported [4][5] - The mineralized corridor is approximately 1.5 kilometers long, with multiple magnetic anomalies coinciding with surface mineralization [5] Group 3: Future Plans - The company plans to conduct a drill program to test beneath and along the strike of the former mine workings, targeting high-grade scheelite zones and associated copper-silver-bearing sulphides [6] - A systematic soil and rock geochemistry study focusing on tungsten and a detailed electromagnetic survey are also planned [6] - The Talisman Property is recognized as a strategic exploration asset in a geopolitically secure jurisdiction, with the company seeking joint venture proposals to continue exploration while focusing on its gold assets [6]
X @Bloomberg
Bloomberg· 2025-10-21 11:14
Geopolitics and Supply Chains - The US and Australia have signed an agreement to enhance America's access to rare earths and other critical minerals [1] - The pact aims to counter China's dominance over critical mineral supply chains [1]
What's the Outcome of the US-Australia Rare Earths Deal?
Bloomberg Television· 2025-10-21 06:22
So let's unpack for us what is seen as a pretty positive outcome, to say the least, for Prime Minister Anthony Albanese. But what are you expecting next in terms of follow through from here on out. Well, what I liked about this deal was that it said it set a six month timeline.So it shows that both the US and Australia are serious about getting after this problem in the short term. It also reflects how there were supply chains shortages this year in the United States. For example, Ford Motor Company said th ...
X @Bloomberg
Bloomberg· 2025-10-20 22:04
An $8.5 billion critical minerals deal, progress on AUKUS, and China's bristling global ports network.. Read today's Australia Briefing for your daily dose of the best of Bloomberg from Down Under and around the world https://t.co/tkYEMOstRX ...
X @TechCrunch
TechCrunch· 2025-10-20 21:57
Leaders of the country's governments announced they would work together to secure critical minerals supplies outside of Chinese control. The deal includes a new gallium refinery in Western Australia. https://t.co/pW1HreRzpL ...
US to Get More Access to Australian Rare Earths, Critical Minerals
Bloomberg Television· 2025-10-20 19:47
We are discussing critical minerals and rare earths, and we're going to be signing an agreement that's been negotiated over a period of four or five months. And it was sort a good timing that we got it done just in time for the visit. And we work together very much on rare earths, critical minerals and lots of other things.And we've had a very good relationship. We've been working on that for quite a while. In about a year from now, we'll have so much critical mineral and rare earths that you won't know wha ...
How the Australia mineral deal plays into U.S. relations with China
NBC News· 2025-10-20 18:10
US-Australia Economic & Military Alliance - US and Australia announce a $3 billion joint venture project to develop critical minerals, potentially yielding $50 billion in these minerals [2] - The US-Australia military alliance, dating back to World War I, could continue to benefit both countries through sales of American planes and military technology [4] - From Australia's perspective, this alliance partly aims to contain China in their neighborhood [4] US-China Trade Relations - Despite trade tensions, the US President believes good trade deals can be made with China, including the purchase of American soybeans [3] - The President suggests that current economic pressure between the world's two largest economies will ultimately "work out fine" [3] Middle East Ceasefire - The US President indicates that if the ceasefire between Hamas and Israel doesn't hold, Israel, with US support, would forcibly disarm Hamas [4] - The White House believes it has done the "heavy lifting" to establish the ceasefire and expects other regional partners, particularly Gulf Arab countries, to ensure it holds [6] - The White House has declared victory in the Middle East and needs that victory to hold [7]
X @Bloomberg
Bloomberg· 2025-10-20 15:58
US President Trump signed an agreement with visiting Australian Prime Minister Albanese to boost access to critical minerals and rare earths as the US looks to reduce reliance on Chinese supply chains https://t.co/Ju5WsLJPaB ...
VanadiumCorp Provides Overview of Lac Laura Gold Property
Thenewswire· 2025-10-20 13:00
Core Viewpoint - VanadiumCorp Resource Inc. is advancing its exploration efforts at the Lac Laura Property in Quebec, strategically located near the Cooke Mine, with plans for a comprehensive evaluation program in response to rising gold prices [1][6]. Company Overview - VanadiumCorp Resource Inc. is a Canadian mineral exploration company focused on developing vanadium-rich assets in Quebec, including the Lac Doré Vanadium Project and a pilot plant for vanadium electrolyte production [10]. Property Details - The Lac Laura Property consists of 39 mineral claims covering 550.65 hectares, compliant with provincial regulations [1]. - The property is situated in the Chapais Mining District, known for its copper-gold vein systems and volcanogenic massive sulphide lenses [2]. - Historical exploration by Minnova Inc. reported approximately 163,295 tonnes grading 5.83 g/t gold in the 113 North Zone, but this estimate is not compliant with NI 43-101 and requires further verification [3][5]. Historical Exploration - Limited drilling was conducted by VanadiumCorp between 2007 and 2012, with a data review by CSA Global Mining Industry Consultants in 2020 recommending further exploration [4]. - High-grade historical grab samples included 128.5 g/t Au, 113 g/t Ag, and 2.61% Cu, indicating potential mineralization [8]. Future Plans - The company has initiated a 2025–2026 evaluation program to compile and reinterpret legacy data, aiming to design a work plan for 2026 as part of its asset optimization strategy [6].