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Rare Earth Mining News

24 articles about rare earth mining

U.S. Department of Energy Brings Together Vertical Gas Corridor Countries to Strengthen Energy Coordination

The U.S. Department of Energy (DOE) hosted officials from Bulgaria, Greece, Romania, Moldova, Ukraine, and the European Commission on February 25, 2026, to advance the critical Vertical Gas Corridor initiative. This strategic effort aims to enhance Europe's energy security by facilitating northbound flows of U.S. liquefied natural gas (LNG) from Greece, strengthening allies while creating significant opportunities for U.S. energy exports. The discussions focused on resolving regulatory challenges, harmonizing tariffs, and reviewing strategic infrastructure investments essential to unlocking the corridor's full capacity and reducing reliance on adversarial energy suppliers, thus indirectly bolstering demand for crucial mined materials in energy infrastructure development.

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Dateline Resources acquires Music Valley rare earths project in US

Dateline Resources has significantly expanded its U.S. critical minerals footprint with the strategic acquisition of the Music Valley Heavy Rare Earths (HREEs) Project in California and a concurrent $1 million investment in Fermi Critical Minerals. These moves, announced on March 2, 2026, position Dateline to capitalize on historically high-grade HREE mineralization in California and gain exposure to a broad portfolio of uranium and rare earth projects across the US, reinforcing domestic supply chain capabilities at a pivotal time for global geopolitics and advanced technology development.

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Kingfisher Mining to sell Gascoyne assets to Dreadnought Exploration

Kingfisher Mining has executed a strategic divestment, agreeing to sell its 12 exploration licenses in Western Australia's Gascoyne region to Dreadnought Exploration, a subsidiary of Dreadnought Resources, for A$2 million in shares and up to A$1.5 million in performance-based cash payments. This move allows Kingfisher to reallocate capital and intensify exploration on its promising copper, gold, silver, zinc, and lead projects in New South Wales, particularly the Copper Blow project, while Dreadnought consolidates its position in the Gascoyne rare earth sector.

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Core Lithium to sell Finniss stockpile to Glencore International

Core Lithium has finalized a binding agreement to sell its remaining 5,100 dry metric tonnes of spodumene concentrate stockpile from the Finniss Lithium Project to Glencore International. Valued at $2,023/dmt, this strategic sale is crucial for providing additional funding, reactivating the logistics chain to Darwin Port, and building momentum towards a potential restart of Finniss operations, which were previously halted in 2024 due to a precipitous drop in lithium prices.

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Aruma Resources acquires 85% stake in Tillex Copper-Silver Project

Aruma Resources has acquired an 85% interest in the Tillex Copper-Silver Project in Ontario, Canada, through agreements with Metals Creek and for adjacent patent claims. The project, located in the Timmins mining district, contains high-grade copper sulphide mineralization with significant exploration and development potential, and positions Aruma to further delineate resources amid a favorable copper market outlook.

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Eureka Lithium acquires Cabin Lake and Tyee Projects in Canada

Eureka Lithium has significantly diversified its asset base by acquiring 100% stakes in the polymetallic Cabin Lake Project in British Columbia and the titanium-vanadium Tyee Project in Quebec. This strategic move, completed through the purchase of Stairway Mining for 9.1 million common shares and potential C$1 million in milestone payments, expands Eureka's exposure beyond lithium into critical minerals essential for defense, electrification, and advanced manufacturing within mining-friendly Canadian jurisdictions. The acquisition signals Eureka's intent to grow into a multi-commodity exploration company, leveraging the geological potential and existing infrastructure of these promising Canadian assets.

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Energy Department Approves Export Expansion at Corpus Christi LNG

The U.S. Department of Energy, under Secretary Chris Wright, has authorized a significant 12% expansion of liquefied natural gas (LNG) exports from Cheniere Energy's Corpus Christi terminal, adding 0.47 billion cubic feet per day (Bcf/d) dedicated to non-Free Trade Agreement countries. This approval, announced February 26, 2026, elevates Corpus Christi to the nation's second-largest LNG export project with a total capacity of 4.45 Bcf/d, further solidifying the United States' position as the world's leading LNG exporter and creating substantial demand for mining sector products.

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Atlas Salt, Sandvik expand collaboration for salt project in Canada

Atlas Salt has expanded its agreement with Sandvik Mining to supply equipment, technology, and services for the Great Atlantic Salt Project in Newfoundland and Labrador, Canada. The updated collaboration, now valued at approximately $132 million, addresses all construction and ramp-up requirements as outlined in the latest feasibility study, including vendor-backed financing options.

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Basin Energy to sell Marshall Uranium Project to GCC

Basin Energy has executed a definitive mineral rights sale and purchase agreement (SPA) to fully transfer its Marshall Uranium Project in Saskatchewan, Canada, to Green Canada Corporation (GCC), a subsidiary of PTX Metals. The transaction, valued at C$600,000 in cash and C$300,000 in shares over specified periods, is contingent upon GCC's reverse takeover of Maackk Capital, a C$2.5 million financing, and a public listing. This strategic move allows Basin Energy to unlock value from the project while retaining significant upside potential through equity interest, a buyback option, and exploration commitments from GCC.

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Atacama Resources announces acquisition of Atacama 3 site

Atacama Resources has announced the strategic acquisition of a full stake in the Atacama 3 mineral property, located approximately 16km south of Kirkland Lake, Ontario, within the highly prospective Abitibi Greenstone Belt. This 255-hectare site, comprising 13 contiguous mining claims, is situated just 2.5 miles from Agnico Eagle Mines' operating Macassa Mine, signaling a targeted move into a region renowned for significant gold production. Leveraging historical drilling data from 2006-2007, Atacama Resources has outlined a robust 2026 exploration program, including geophysical studies and further drilling, as it seeks to delineate economic mineralization in this structurally active corridor.

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MinRes, POSCO sign binding deal for lithium partnership

Mineral Resources (MinRes) and POSCO Holdings have finalized a binding agreement for a lithium joint venture, with POSCO acquiring a 30% stake in MinRes’ operational lithium business. The deal covers significant interests in the Wodgina and Mt Marion lithium mines and is valued at approximately $3.9 billion, supporting both companies' positions in the global lithium supply chain.

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Marubeni invests in Australian critical minerals project with RZ Resources

Marubeni has invested A$15 million for up to a 5% equity stake in RZ Resources’ mineral sands project in Australia, targeting the production of critical minerals including rutile, ilmenite, zircon, and monazite. The partnership encompasses mine development, plant upgrades, and improvements to feasibility and environmental documentation, with support from JX Advanced Metals and potential financing from US and Australian export credit agencies.

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