Critical Minerals
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X @Bloomberg
Bloomberg· 2026-02-03 17:04
The European Union plans to propose a partnership to the United States to jointly source critical minerals, in an effort to reduce reliance on China.: Here's your European Evening Briefing https://t.co/tMCZXWI25H ...
X @Bloomberg
Bloomberg· 2026-02-03 14:03
The European Union will pitch the US on a critical minerals partnership to curb China’s influence, looking to shape the Trump administration’s push to strike global agreements this week https://t.co/2CHn5yQFdx ...
Locksley Announces High-Grade Antimony Results from Batch Sampling Program at its Mojave Project
Prnewswire· 2026-02-03 13:42
Core Insights - Locksley Resources Limited announced high-grade antimony results from a batch sampling program at the DAM antimony deposit, part of the Mojave Project in California [1][3] Group 1: Sampling Program Details - The batch sampling program aimed to evaluate high-grade antimony mineralization at DAM, following technical milestones achieved in late 2025, including a 325kg sample and a 68.1% Sb premium concentrate [2] - Three batches were sampled, with Batch 1 returning a weighted average of 25.7% Sb, Batch 2 at 21.3% Sb, and Batch 3 at 11.4% Sb, resulting in a total weighted average grade of 18.7% Sb from all samples combined (287kg) [3] Group 2: Strategic Focus and Market Position - Locksley Resources is focused on critical minerals in the U.S., actively advancing the Mojave Project targeting rare earth elements (REEs) and antimony [3] - The company is executing a mine-to-market strategy for antimony, aiming to reestablish domestic supply chains for critical materials, supported by strategic partnerships with leading U.S. research institutions and industry partners [3] - This approach, combined with innovative processing and separation technologies, positions Locksley to contribute to U.S. critical materials independence [3]
X @Bloomberg
Bloomberg· 2026-02-03 12:02
The US and other countries are trying to break China's grip on critical minerals. Here's why it's hard https://t.co/rST48u3mWS ...
ILC Critical Minerals Ltd. Announces Private Placement
TMX Newsfile· 2026-02-03 11:00
Core Viewpoint - ILC Critical Minerals Ltd. is conducting a non-brokered private placement to raise up to CAD$2,500,000 by issuing 100,000,000 common shares at CAD$0.025 per share, with proceeds aimed at expanding operations in Southern Africa and Canada, as well as general working capital [1][2]. Use of Proceeds - The proceeds from the private placement will be allocated as follows if the full amount is raised: - Final payment for acquiring Lepidico Mauritius (if option exercised): CAD$450,000 (18%) - Exploration expenditure in Namibia and Canada: CAD$950,000 (38%) - Management fees to non-arms length parties: CAD$440,000 (17.6%) - Working capital: CAD$660,000 (26.4%) [3]. Company Operations and Strategy - ILC Critical Minerals Ltd. focuses on exploration activities in Ontario, Canada, and aims to expand into Southern Africa, particularly through the Karibib project in Namibia, which contains lithium, rubidium, and cesium [7][9]. - The company is strategically positioned to benefit from the increasing demand for critical minerals driven by the transition to electric vehicles and renewable energy [8][9]. - The primary focus for the next decade is to generate revenue from lithium and rubidium while contributing to environmental sustainability [10][16]. Project Highlights - The Raleigh Lake Project in Ontario is the most significant project, covering 32,900 hectares, with a Preliminary Economic Assessment indicating a post-tax NPV of CAD$342.9 million and a post-tax IRR of 44.3% based on a spodumene price of US$2,350 per tonne [14]. - The company has also applied for Exploration Permits in Zimbabwe, indicating a commitment to expanding its portfolio in Southern Africa [11][13]. Market Context - The demand for lithium and other critical minerals is expected to rise due to the growth of high-tech rechargeable batteries and the push for a greener economy [16]. - ILC aims to position itself as a preferred developer of lithium and critical minerals, capitalizing on the increasing global focus on self-sufficiency in critical mineral supplies [9][16].
New Earth Resources Welcomes Jack Lifton as Advisor to the Company
Globenewswire· 2026-02-03 08:05
Core Viewpoint - New Earth Resources Corp. has appointed Jack Lifton as an advisor, leveraging his extensive experience in the natural resources sector to enhance the company's exploration strategy in critical minerals [1][4]. Company Overview - New Earth Resources Corp. is a Canadian mineral exploration company focused on acquiring and developing advanced and early-stage exploration projects, with its flagship project being the 100% owned Lucky Boy Uranium Property in Arizona, which spans approximately 273 acres and has a history of uranium production [5]. - The company also has options to acquire additional claims, including 23 claims in Quebec's Strange Lake area, prospective for rare earth elements, and the Red Wine Rare Earth Project in Labrador, covering approximately 1,575 hectares [6]. Advisory Role - In his advisory capacity, Jack Lifton will provide insights on critical minerals markets, project evaluation, and industry trends, which will support New Earth's exploration strategy and long-term positioning in the rare earth and critical minerals sector [4]. - Lifton's background includes senior roles in mining, refining, and technology metals, and he is currently Co-Chair of the Critical Minerals Institute, focusing on North American critical mineral supply chains [2][3].
X @The Wall Street Journal
The Wall Street Journal· 2026-02-03 07:34
Companies that mine critical minerals are looking more like defense contractors these days. One sign: Many are hiring retired generals. https://t.co/IqAJTgH7iU ...
Trump Cuts India Tariffs; Asian Stocks, Metals Rebound | The Asia Trade 2/3/2026
Bloomberg Television· 2026-02-03 04:26
SHERY: THIS IS THE ASIAN TRADE. PAUL: THE TOP STORIES THIS HOUR, ASIA STOCKS LOOKING FOR GAINS AFTER SOLID U.S. FACTORY DATA LIFTED WALL STREET. GOLD AND SILVER MODERATING AS BONDS FALL.INDIA AND THE U.S. STRICKING A TRADE DEAL TO CUT TARIFFS TO 18% AS PRIME MINISTER MODI AGREES TO STOP BUYING RUSSIAN OIL. ALSO, ELON MUSK MERGING SPACEX AND XAI FOR A MEGA IPO, VALUING THE COMPANY AT $1.25% TRILLION. AVRIL: LEADERS AND GLOBAL AEROSPACE AND DEFENSE ARE GATHERING FOR THE 10TH EDITION OF ONE OF THE WORLD'S MOST ...
Trump announces establishment of critical mineral reserve
CNBC Television· 2026-02-02 22:53
For years, American businesses have risked running out of critical minerals during market disruptions. Today, we're launching what will be known as Project Vault to ensure that American businesses and workers are never harmed by any shortage. We don't want to ever go through what we went through a year ago.Just as we although it did work out, thank you. Just as we have long had a strategic petroleum reserve and a stockpile of critical minerals for national defense, we're now creating this reserve for Americ ...
Trump Launches 'Project Vault' to Stockpile Rare Earths
Bloomberg Television· 2026-02-02 22:37
For years, American businesses have risked running out of critical minerals during market disruptions. Today, we're launching what will be known as Project Vault to ensure that American businesses and workers are never harmed by any shortage. We don't want to ever go through what we went through a year ago, just as we although it did work out.Thank you. Just as we have long had a Strategic Petroleum Reserve and a stockpile of critical minerals for national defense, we're now creating this reserve for Americ ...