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SSH named preferred contractor for Cavalier’s Crawford stage one

2026-08-30

Cavalier Resources has selected SSH Group as the preferred mining services contractor for Stage One of its Crawford Gold Project in Western Australia, marking a pivotal step towards active production. The companies have signed a Letter of Intent for an initial-phase contract expected to span approximately 12 months, focusing on the oxide pit defined in Cavalier’s April 2026 pre-feasibility study. This strategic partnership underscores both companies' commitment to advancing the Crawford project, with definitive agreements and securing Stage One funding as the next critical milestones.

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Michigan approves $50m grant for Highland’s Copperwood project

2026-08-30

The State of Michigan has provided final approval for a significant $50 million grant to Highland Copper's Copperwood underground project, located in Gogebic County. This performance-based funding, aimed at infrastructure development and regional improvements, marks a crucial milestone for the $425 million copper mine, strengthening its financing outlook and underscoring Michigan's commitment to strategic mineral development and economic growth in the Upper Peninsula. The grant is conditional on Highland Copper securing additional financing and creating a minimum of 380 qualified jobs, with construction anticipated to begin in 2028 and commercial production by 2030.

Maglut unveils chromatography platform for rare earth processing in US

2026-08-29

Maglut Heavy Industries has unveiled its proprietary ARC-1 rare earth separation system, a chromatography-based platform designed to domestically process and refine rare earth elements (REEs) in the US. This water-based technology, revealed at a closed event in Long Beach, California on August 27, 2026, aims to provide a cost-competitive and environmentally favorable alternative to traditional solvent extraction, addressing the critical need for secure and independent US rare earth supply chains amidst escalating geopolitical tensions and upcoming defense sector regulations.

EGA achieves 25% restoration of reduction cells at Al Taweelah smelter

2026-08-29

Emirates Global Aluminium (EGA) has announced the successful restoration of 25% of its reduction cells at the Al Taweelah smelter in Abu Dhabi, United Arab Emirates, following an emergency shutdown caused by an Iranian attack in March. With 315 of 1,262 cells now operational across all three potlines, the company is on track to achieve full production by the first quarter of 2027, demonstrating remarkable resilience and strategic operational management in the face of significant challenges.

Forrestania awards $104m Johnson Range mining contract to MEGA

2026-08-28

Forrestania Resources has awarded a substantial A$145 million (approximately $104.2 million USD) open-pit mining contract for its Johnson Range Project in Western Australia to MEGA Resources, marking a pivotal transition from the planning to the execution phase. This two-year agreement, announced on August 28, 2026, encompasses all critical mining activities from drilling and blasting to ore haulage and infrastructure development, solidifying a strategic partnership between the two entities. The selection of MEGA, following a competitive tender, underscores its proven operational capabilities and commitment to safety, performance, and integrated mining solutions.

Cyclic Materials raises $75m to expand rare earth production in US

2026-08-28

Cyclic Materials has secured $75 million in a strategic financing round, bringing its total equity funding to $237 million, to accelerate its domestic rare earth recycling initiatives. This capital infusion, led by accounts advised by T. Rowe Price Associates, will expedite the development of its integrated recycling campus in South Carolina and expand its "Hub-and-Spoke" infrastructure across the United States. The expansion is critical for boosting US capacity in recycling rare earths and other essential minerals, aligning with national security priorities to strengthen domestic supply chains for vital industries.

Weir targets mill circuit wear as miners push for higher throughput

2026-08-27

Weir PLC has launched the WARMAN MCR² mill circuit pump, featuring eight patented technologies to address the increasing complexities of mineral processing. Introduced on August 27, 2026, the pump integrates advancements in hydraulics, wear management, serviceability, and condition monitoring, aiming to extend operating campaigns and enhance predictability in demanding mining environments without requiring significant infrastructure changes. This innovation is poised to help miners improve throughput and manage costs as they process more challenging ore bodies globally.

WA Government and YNAC appeal Fortescue compensation ruling

2026-08-27

The Western Australian Government and the Yindjibarndi Ngurra Aboriginal Corporation (YNAC) have lodged separate appeals against a Federal Court ruling from May 2026, which ordered Fortescue Metals Group to pay A$150.3 million ($107.9 million USD) in compensation for iron ore mining activities conducted without a native title agreement. This landmark decision, considered one of the largest under Australia’s native title laws, now faces scrutiny from both the Indigenous group, seeking a higher amount, and the state government, advocating for clearer legal frameworks for future agreements. The appeals underscore the complex and evolving landscape of native title in Australia's vital mining sector, with significant implications for industry operations and Indigenous rights.

US EXIM issues $1.1bn project letter for Ivanhoe Electric copper project

2026-08-26

Ivanhoe Electric has secured a preliminary project letter from the U.S. Export-Import Bank (US EXIM) outlining $1.1 billion in potential debt financing for its Santa Cruz Copper Project in Arizona. This substantial support, part of US EXIM’s Make More in America Initiative, aims to bolster domestic copper production and secure critical mineral supply chains. The project intends to produce 99.99% pure copper cathode over a 23-year operational lifespan, utilizing advanced heap leach technology.

Lithium Argentina, Ganfeng sign agreements to finalise PPG JV

2026-08-26

In a significant move for the global lithium sector, Lithium Argentina and China's Ganfeng Lithium have finalized definitive agreements to establish the Pozuelos-Pastos Grandes (PPG) joint venture in Salta Province, Argentina. This collaboration, set to create an ambitious 150,000 tonnes per annum (tpa) lithium carbonate equivalent (LCE) operation, includes a $180 million convertible note investment from Ganfeng into Lithium Argentina, fortifying the latter's balance sheet and extending its debt maturity profile. The JV consolidates key brine assets into a single basin-wide development, signaling a strategic acceleration of lithium production in the renowned "lithium triangle."

DOE and SBA Launch SBIC-E Initiative to Unleash Private Capital for American Innovation and Small Businesses

2026-08-25

The U.S. Department of Energy (DOE) and the U.S. Small Business Administration (SBA) have launched the Small Business Investment Company-Energy (SBIC-E) Initiative, a new strategic partnership designed to channel private capital into American small businesses critical to energy production, national security, and domestic manufacturing. Signed on August 24, 2026, this memorandum of agreement leverages the SBA's established SBIC Program to fund innovative technologies, with a significant focus on critical minerals, advanced manufacturing, and advanced materials, offering a new avenue for growth within the mining sector.