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Homerun Resources Inc. Receives Joint Support Plan from BNDES and FINEP Indicating Financial Instruments Available to Support Homerun's Business Plan
Newsfile· 2025-07-28 12:00
Core Insights - Homerun Resources Inc. has received a joint support plan from BNDES and FINEP, indicating financial instruments available to support its business plan [1][2] - The support plan is part of a strategic minerals transformation initiative worth USD $815 million, aimed at accelerating high-impact mineral-transformation projects [2] Financial Instruments - The joint support plan includes various financial instruments such as long-term credit lines, equity investments, non-reimbursable funds, and economic subsidies [2] - Specific programs available include: - Climate Fund with a maximum value of R$ 500 million per economic group, offering a term of up to 16 years [3] - Innovation Investments in R&D&I with a maximum value of R$ 300 million per economic group per calendar year [3] - FINEM for Productive Capacity with funding up to 80% of project value, capped at 100% of fundable items [3] Company Developments - The CEO of Homerun Resources expressed satisfaction with the support plan, emphasizing its role in advancing solar glass production and silica processing capabilities [4] - The R$5 billion funding program is part of the New Industry Brazil initiative, focusing on R&D&I and expected to leverage additional private investment [4] - Homerun is positioned to capitalize on high-growth global energy transition markets through its vertically integrated strategy [9] Strategic Initiatives - The company is developing a 120,000 tpy processing plant and building Latin America's first dedicated high-efficiency solar glass manufacturing facility [11] - Partnerships with the U.S. Department of Energy/NREL are underway for developing long-duration energy storage systems utilizing high-purity silica sand [11] - The company maintains a commitment to ESG principles, focusing on sustainable production technologies [10]
Aurania Provides Update on New Mining Service Fee in Ecuador
Newsfile· 2025-07-28 11:17
Aurania Provides Update on New Mining Service Fee in EcuadorJuly 28, 2025 7:17 AM EDT | Source: Aurania Resources Ltd.Toronto, Ontario--(Newsfile Corp. - July 28, 2025) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") provides an update on the Ecuadorian government's recently imposed new Mining Service Fee (Tasa de Fiscalización Minera or TASA) on the resource sector.As previously disclosed in a press release dated June 11, 2025, the resolution put fo ...
Questcorp Mining Taps National Inflation Association for Marketing & Investor Outreach Campaign
Newsfile· 2025-07-28 07:15
Core Viewpoint - Questcorp Mining Inc. has engaged with the National Inflation Association (NIA) for a marketing and investor outreach campaign to enhance investor awareness and market visibility [1][2][3] Group 1: Agreement Details - The NIA Agreement, effective from July 28, 2025, involves a one-time payment of US$30,000 for an initial three-month campaign, with an option for renewal [2] - NIA will utilize its distribution channels, including targeted email lists and website features, to promote Questcorp's growth story and project developments [2] Group 2: Company Strategy - The partnership with NIA is aimed at connecting with a broader investment audience during a critical period for the company as it advances its assets in British Columbia and Mexico [3] - Questcorp Mining Inc. focuses on acquiring and exploring precious and base metal projects in North America, holding interests in the North Island Copper Property and the La Union Project, both of which are high-potential targets for copper, silver, and gold exploration [5]
X @Bloomberg
Bloomberg· 2025-07-28 06:58
Valterra Platinum said first-half profit fell 91%, after flooding at a key mine cut production and the company incurred costs during its recent spinoff from Anglo American https://t.co/7nwsepp9hv ...
中国材料行业-需求追踪情况-Greater China Materials -Demand Tracker – July 25
2025-07-28 02:18
Summary of Key Points from the Conference Call Industry Overview - **Industry**: Greater China Materials - **Date**: July 25, 2025 - **Analysts**: Morgan Stanley Asia Limited Key Takeaways Production and Sales of Industrial Goods - Average crude steel output from key steel mills was 2.141 million tons in mid-July 2025, reflecting a 2.1% increase compared to early July [1] - Planned production of household air conditioners is expected to decline by 7.1% year-over-year in August [1] - Passenger vehicle (PV) sales are projected at 1.85 million units in July, marking an 8% year-over-year increase but an 11% month-over-month decrease, with new energy vehicle (NEV) sales at 1.01 million units [1] - Shipbuilding delivery volume for the first half of 2025 was 24.13 million compensated gross tons (CGT), down 3.5% year-over-year [1] Infrastructure and Property Developments - Construction has commenced on a massive hydro station at the Yarlung Tsangpo River in Tibet, with a total investment of RMB 1.2 trillion [2] - Water conservancy investment in China reached RMB 532.9 billion in the first half of 2025, a decrease of 6.3% year-over-year [2] - Renovation of old urban communities saw 16,500 new starts, achieving approximately 66% of the annual target in the first half of 2025 [2] Supply Policies - The National Development and Reform Commission (NDRC) and the State Administration for Market Regulation (SAMR) are working to improve standards for recognizing low-price dumping and regulating market price order [3] - The National Energy Administration (NEA) has issued a notice to check coal overproduction in eight major coal-producing provinces for 2024 and year-to-date 2025 [3] Building Materials Activity - Weekly cement shipments in July 2025 were 665 million tons, with a year-to-date total of 2,778 million tons, reflecting a 56% increase [4] - Daily molten iron production was reported at 2,422 thousand tons, showing a slight decrease of 0.1% [4] - Planned production of battery materials in July 2025 includes 145.1 GWh of batteries, a 1% increase year-over-year, while lithium production is expected to reach 102.2 thousand tons of lithium carbonate equivalent (LCE), a 3% increase [4] Additional Insights - The hydro station project is significant for future energy supply and infrastructure development in the region, indicating a strong government push towards renewable energy sources [8] - Supply-side policies may lead to increased market stability and reduced competition pressures in the materials sector [3] - The decline in household AC production and fluctuations in vehicle sales may indicate broader economic trends affecting consumer demand [1][2] Conclusion The conference call highlighted a mixed outlook for the Greater China materials sector, with positive developments in infrastructure and energy projects, but challenges in consumer goods production and sales. The ongoing supply-side policies are expected to play a crucial role in shaping market dynamics in the coming months.
X @The Wall Street Journal
The Wall Street Journal· 2025-07-27 07:04
The U.S. found out this year that China could use its chokehold on rare-earth minerals as a coercive tool. For Japan, it was déjà vu: It had been the victim 15 years earlier. https://t.co/41W3zE2jeh ...
Can The U.S. Break China’s Rare Earth Dominance?
CNBC· 2025-07-26 15:00
These feeds here, each of these bags hold two metric tons of monazite and they're 50 plus percent rare earth oxide. So a very, very high value feedstock here. Here at the White Mesa mill in Utah, mineral company Energy Fuels is processing rare earth elements. These materials are crucial to modern-day technology. Rare earths refer to 17 elements on the periodic table whose atomic structure gives them special magnetic properties. Rare earth magnets power everything from electric vehicles and wind turbines to ...
American Resources signs nodules refining deal – ICYMI
Proactiveinvestors NA· 2025-07-26 13:04
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced news journalists who produce independent content across various financial markets [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights into sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is committed to adopting technology to enhance its content creation and workflow processes [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all published content is edited and authored by humans [5]
Imperial Reports the Safe Return of Workers to Surface at Red Chris Mine
Globenewswire· 2025-07-25 17:43
Incident Overview - A fall of ground incident occurred at the Red Chris mine, isolating three workers underground [1] - The mine operator, Newmont, reported that the workers were safely brought to the surface after approximately two days [1][2] Worker Safety and Health - All three workers, Kevin Coumbs, Darien Maduke, and Jesse Chubaty, were found to be in good health and spirits after the incident [2] - They had consistent access to food, water, and ventilation while in a refuge chamber [2] Rescue Efforts - The rescue operation involved around-the-clock efforts, with a specialized scoop clearing the fallen debris from the access tunnel [3] - The Emergency Response Team utilized equipment with a Falling Object Protective System to ensure safety during the rescue [3][4] - The workers were returned to the surface in stable condition, highlighting the collaboration and technical expertise of the rescue teams [4] Company Background - Imperial Metals Corporation is based in Vancouver and has a 30% ownership stake in the Red Chris mine, along with full ownership of the Mount Polley and Huckleberry mines [5] - The company also holds a portfolio of 23 exploration properties in British Columbia [5]