Inside Vietnam’s plans to dent China’s rare earths dominance

Click here to view browser version

PLUS: Mura people backing Amazon potash mine | Glencore said to have bought Russian copper | Cornish secures funding for lithium project

September 26th, 2023 MINING NEWS DIGEST   Inside Vietnam's plans to dent China's rare earths dominance Vietnam plans to restart its biggest rare-earths mine next year with a Western-backed project that could rival the world's largest.   Brazil's Mura people back Amazon potash mine Having the support of local indigenous people is key for Brazil Potash's $2.5bn Autazes project as it should ease the obtention of a construction licence.   Glencore bought at least 5,000t of Russian copper via Turkey – report The Financial Times reported the metal was sold by UAE-based entity Haldivor Energy and exported through Turkey to Italy's Livorno port.   Cornish Lithium raises $6.2m to keep UK project alive Funds were secured through a crowdfunding campaign, the largest of its kind any company has undertaken in the UK this year.   JV Article: Navigating mining travel terrain made simpler with Corporate Traveller Miners in all facets of the industry need to travel – whether it be to a meeting in an urban hub or […]   CleanTech Lithium to kick off production at second Chile mine in 2027 The company will progress project development in stages and begin production one year after its more advanced Laguna Verde opens in 2026.   Australia billionaire weighs in on Albemarle's takeover target Liontown Gina Rinehart's Hancock became a substantial shareholder earlier in September and now owns 10.7%   New Pacific Metals raising $26 million to advance Bolivia projects Both Silvercorp Metals and Pan American Silver, current shareholders of the company, have expressed their desire to participate in the offering.   Panama union workers block highways over First Quantum Minerals copper mine contract The contract is under discussion in Panama's legislative commerce committee.   Vale and Port of Açu sign deal for potential low-carbon iron ore complex The plan is to develop a hot briquette iron plant that would make high iron content compact bricks to supply steel mills.   CarbonScape gets $18-million cash injection to deliver biographite to Europe, America New Zealand-based CarbonScape produces biographite, a carbon-negative alternative to the critical material for lithium-ion batteries.   Ontario Teachers' bid for lithium stake on hold after lawsuit Ontario Teachers' Pension Plan was nearing a deal to buy a bundle of battery metals royalties from New York-based Orion Resource Partners.   K92 extends Trafigura partnership with $100 million loan, longer offtake The company expects first drawdown to occur in early to mid-Q4 2023.   Congo plans new copper-cobalt smelter to serve informal miners The project will be developed by privately held Congolese firm Buenassa Sarl and is expected to cost $350 million.   Rio Tinto's legacy uranium mine sees rehab cost blowout A feasibility study for the site, which was due this month, will be postponed to October.     You are receiving this email because this email was subscribed to the MINING.com News Digest List. You may manage your subscription, or unsubscribe at any time. This email was sent to you by MINING.COM Copyright © 2023 . All rights reserved.