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Rare Earth Mining News

38 articles about rare earth mining

South32 agrees conditional $5.6bn aluminium asset sale to Alcoa

South32 has signed a conditional agreement to divest its aluminium value chain assets to Alcoa for an implied enterprise value of up to $5.6 billion, marking a significant strategic realignment for both companies. The transaction, encompassing major bauxite, alumina, and aluminium smelting operations across Australia, South Africa, and Brazil, will see South32 shed its exposure to the aluminium sector to focus on base and precious metals, while Alcoa substantially expands its integrated Bauxite-to-Aluminum portfolio globally. The complex deal involves upfront cash, Alcoa shares, assumed debt, and contingent payments, subject to numerous shareholder and regulatory approvals.

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pH7 Technologies secures funding for copper cathode production

<p><strong></strong></p> <p>In a significant development for sustainable mining, pH7 Technologies has secured up to C$5 million (US$3.51 million) from Natural Resources Canada to pilot its innovative closed-loop copper extraction technology at the Gibraltar Mine in British Columbia. Announced on July 1, 2026, this initiative aims to produce 99.9% pure copper cathodes directly from low-grade sulphide ores on-site, with green hydrogen generated as a valuable by-product. The project is poised to generate crucial data to inform future expansion, enhance critical mineral supply chains, and significantly contribute to the decarbonization of the Canadian mining sector.</p> <p><strong>

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Hancock starts production at $579m McPhee Creek mine

<p class="summary">Hancock Iron Ore has successfully commenced production at its A$840 million ($579 million) McPhee Creek mine in Western Australia's Pilbara region, overcoming regulatory delays to deliver its first ore after nearly 19 months of development. This significant milestone for the Australian mining giant, led by executive chairman Mrs. Gina Rinehart AO, underscores the continued investment and strategic importance of the Pilbara in the global iron ore market, integrating new production with existing infrastructure at the Roy Hill facility.</p>

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i-80 Gold to terminate gold offtake deal with Vox Royalty

i-80 Gold has reached a definitive agreement with Vox Royalty to terminate a significant gold offtake agreement, freeing the company from obligations to sell 40,000 ounces of gold annually. The settlement involves i-80 Gold issuing 3,453,237 shares to Vox, valued at $4.8 million, a move expected to provide i-80 Gold with enhanced flexibility in managing future gold sales from its Nevada projects. This strategic divestment further strengthens i-80 Gold's position as an emerging gold producer, giving it greater control over its precious metals output and market exposure.

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Energy Department Analysis Finds Proposed International Building Codes Would Cost Americans $9.2 Billion Annually

The U.S. Department of Energy (DOE) recently released an analysis on June 26, 2026, indicating that nationwide adoption of the 2024 International Energy Conservation Code (IECC) would lead to significant increases in housing construction costs, totaling over $9.2 billion annually. This regulatory shift, described by the DOE as "Green New Scam mandates," could add up to $14,000 to the cost of a new single-family home and presents substantial implications for the construction sector and, by extension, the demand for mined materials. The DOE has urged the International Code Council (ICC) to reconsider these provisions, emphasizing affordability and consumer choice.

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Titan Mining unit wins EUL notices for two US Army sites

Titan Mining, through its subsidiary Empire State Mines, has secured pivotal Conditional Selection Notices from the US Army for Enhanced Use Lease opportunities at Pine Bluff Arsenal, Arkansas, and Anniston Army Depot, Alabama. This groundbreaking agreement marks the first major public-private partnership for critical mineral processing on American military bases, aiming to establish domestic production of purified micronised graphite (PMG) and coated spherical purified graphite (CSPG) to reduce the nation's reliance on foreign supply chains.

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REalloys raises $100M via institutional placement

REalloys, a Euclid, Ohio-based company, has successfully secured $100 million through an institutional share placement, earmarking these funds for the development of its ambitious vertically integrated rare earth magnet supply chain. This strategic capital injection aims to establish domestic industrial independence for critical defense-grade materials, supported by upstream assets like Hoidas Lake and a significant 15-year offtake agreement for heavy rare earth concentrates from Greenland's Tanbreez project. The financing announcement closely precedes reports that REalloys may construct a rare earth separation facility at the Toole Army Depot in Utah, signalling robust US government support for critical mineral reshoring efforts despite a temporary dip in REalloys' stock price following the news.

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US DOE funds MIT drill core tech to speed up critical minerals discovery

The U.S. Department of Energy’s ARPA-E has awarded funding to a consortium led by Fieldstone Bio, in partnership with TerraCore and MIT, to develop a rapid, field-deployable technology for characterizing critical minerals in drill cores. This innovative system utilizes engineered microbial sensors and hyperspectral imaging to deliver quantitative mineral data in hours rather than weeks, promising to significantly accelerate domestic critical mineral discovery and enhance exploration efficiency across the mining industry.

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Department of Energy Announces American Nuclear Supply Chain Loans

The U.S. Department of Energy (DOE) has announced a conditional loan commitment of $17.5 billion through its Office of Energy Dominance Financing (EDF) to revitalize America's commercial nuclear supply chain. This substantial financing aims to accelerate the deployment of 10 new large-scale Westinghouse AP1000® reactors by up to three years, targeting an additional 11 GW of clean electricity and prompting significant implications for the domestic uranium mining sector. The initiative underscores a strategic push for U.S. energy independence and the rebuilding of critical manufacturing capabilities.

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Aclara Resources gets environmental OK for Chile rare earths project

Aclara Resources has secured the final environmental approval for its Penco Module rare earths project in Chile, a significant milestone after more than four years of permitting bureaucracy. This development positions Aclara to become a key player in establishing a Western vertical rare earth supply chain, with the project projected to produce 774 tonnes of rare earth oxides annually over 14 years. The company now aims to finalize permitting and begin construction in early 2027, highlighting the broader need for governmental coordination to capitalize on critical minerals demand in Latin America.

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Jindalee Lithium inks stewardship MoU for McDermitt project

<p></p> <p>Jindalee Lithium, through its 100%-owned U.S. subsidiary HiTech Minerals, has signed a Memorandum of Understanding with the nonprofit organization RESOLVE. This agreement aims to explore the establishment of a voluntary Stewardship Area in the broader Oregon-Nevada caldera region, focusing on improved environmental outcomes alongside responsible lithium development at the McDermitt project. The initiative underscores a growing industry trend towards integrating environmental stewardship and community engagement into critical minerals project advancement, especially as Jindalee prepares to spin out its U.S. lithium assets into a new Nasdaq-listed company called US Elemental.</p> <p>

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Masan looks to foreign investors with tungsten mine growth

<p><strong></strong></p> <p>Masan High-Tech Materials (MHT), Vietnam's leading producer, has unveiled plans to significantly expand its Nui Phao mine and Nui Chiem site, potentially adding 115 million tonnes of tungsten-polymetallic resources and extending operations for decades. This strategic move, announced amidst global demand for critical minerals and tightening non-China supply, is closely linked with Masan Group's efforts to attract international investors through a potential stake sale and aims to bolster Vietnam's position in the global tungsten market while enhancing MHT's corporate profile.</p> <p><strong>

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Generation Mining secures $141m loan for Marathon project

Generation Mining has secured a significant C$200 million ($141 million) debt commitment from the Canada Infrastructure Bank (CIB) for its Marathon Copper-Palladium Project in north-western Ontario. This funding, comprising a C$110 million subordinated debt facility and a C$90 million standby facility, is a crucial component of the project's C$969 million financing plan, underscoring its strategic importance as Canada's first CIB critical minerals investment in Ontario. The project aims to become a key North American producer of copper and palladium, vital metals for the global energy transition, with construction anticipated to commence in the latter half of 2026.

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enCore Energy gets BLM approval for Dewey Burdock infrastructure

enCore Energy has received final approval from the Bureau of Land Management (BLM) for initial infrastructure construction at its 100%-owned Dewey Burdock Uranium in-situ recovery (ISR) project in South Dakota. This significant milestone, following a thorough Environmental Assessment, allows for the development of essential access roads, four groundwater monitoring wells, and power lines across approximately 240 acres of public land. The project, utilizing environmentally sensitive ISR methods, is integrated into the federal "Fast 41 programme" to expedite critical mineral development, underscoring its strategic importance for bolstering domestic US uranium production.

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Barminco secures $192m contract for Barrick’s Fourmile Project

Barminco, the underground mining division of Perenti, has secured a substantial A$275 million (US$192 million) contract to provide comprehensive mining services at Barrick Mining’s wholly-owned Fourmile Project in Nevada, USA. Commencing operations in July 2026 for a 45-month term, the agreement underscores Perenti's strategic expansion in North America's vital hard-rock underground mining market and solidifies Barminco's critical role in advancing a key Barrick gold asset adjacent to the significant Goldrush Project.

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Newmont’s Red Chris underground expansion gets regulatory green light

Newmont's Red Chris mine in British Columbia has secured crucial regulatory approvals for its transition from open-pit to underground block caving operations, extending its projected lifespan into the mid-2040s. This significant milestone, achieved through a consent-based process with the Tahltan Nation, paves the way for a final investment decision later this year and underscores the project's substantial economic benefits, job creation, and strategic importance for Newmont's global portfolio and Canada's copper production.

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Trinity Metals doubles US tungsten concentrate supply to 20%

Rwanda's Trinity Metals has announced a substantial increase in its tungsten concentrate exports to the United States, now accounting for up to 20% of America's primary tungsten consumption. This strategic uplift, driven by a 2025 agreement with Global Tungsten & Powders and an offtake partner Traxys, underscores a growing industry shift towards diversified, traceable supply chains for critical minerals, particularly as demand for defense and industrial applications rises and global supply dynamics evolve.

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Alamos expects lower Q2 output on Young-Davidson mine disruptions

Alamos Gold is forecasting lower gold production for the second quarter of 2026, primarily due to operational disruptions at its Young-Davidson mine in northern Ontario. The mine experienced two seismic events limiting access to high-grade stopes, coupled with a three-day power outage, impacting output by an expected 12% and raising costs. Despite these setbacks, Alamos anticipates stronger production in the latter half of the year, bolstered by strong performance and ramp-up activities at its Island Gold and Magino operations.

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The future of bioleaching in mining

Bioleaching, a method utilizing microorganisms to extract metals, is rapidly gaining prominence as the mining industry grapples with declining ore grades, escalating demand for critical minerals, and intense pressure to decarbonize. Advances in molecular biology, coupled with strategic integration into existing mining flowsheets, are expanding its application beyond traditional copper and gold, particularly towards the economic recovery of valuable metals from complex waste streams. This re-emergence positions bioleaching as a critical technology for enhancing supply chain security and mitigating environmental liabilities in the evolving global mining landscape.

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Star Gold secures BLM approval for Longstreet drilling

Star Gold has secured crucial approval from the US Bureau of Land Management (BLM) for exploration, geotechnical testing, and water well drilling at its Longstreet gold and silver project in Nevada’s prolific Walker Lane Belt. This enables the company to simultaneously advance resource definition and gather essential engineering data for future heap leach pad design, marking a significant step toward developing the 2,600-acre open-pit project and its eventual operational permitting. The methodical program reflects Star Gold’s value-focused development strategy for its shareholders.

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Ucore, SCOA sign deal for North American rare earth supply chain

Ucore Rare Metals and Sumitomo Corporation of Americas (SCOA) have formalized a strategic cooperation to build a diversified rare earth supply chain for North America and allied markets. Signed on June 10, 2026, the agreement focuses on sourcing feedstock for Ucore's Louisiana Strategic Metals Complex and establishing downstream offtake for critical middle and heavy rare earth elements essential for advanced industrial applications. This collaboration leverages Ucore's RapidSX technology with SCOA's global logistics and market access, aiming to bolster regional rare earth independence.

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Westar receives government funding for Bunda Creek survey

<p></p> <p>Westar Resources has secured a substantial A$55,689 grant from the Northern Territory Government to conduct a high-resolution aeromagnetic survey at its Bunda Creek Project in Australia's frontier Birrindudu Basin. This funding, awarded through the competitive Geophysics and Drilling Collaborations programme, aims to facilitate the identification of sediment-hosted copper and other base metal deposits across approximately 569km² of unexplored terrain, with the potential to extend coverage to 1,200km² by integrating with previous data.</p> <p>

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Fortuna secures environmental approval for Diamba Sud mine

Fortuna Mining has secured a crucial environmental decree for its Diamba Sud Gold Project in Senegal, marking a significant step forward for the development of the 724,000-ounce indicated resource. This approval, granted by Senegal’s Ministry of Environment and Ecological Transition, validates the project’s Environmental and Social Impact Assessment and underscores the strong commitment from the Senegalese government to responsible mining. With this key regulatory hurdle cleared, Fortuna is advancing early construction works and plans to finalize its feasibility study and make a final construction decision by mid-2026, positioning Diamba Sud as a potential new gold producer in the prolific Kenieba-Koudougou Inlier.

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LKAB receives permit for expanded mining at Malmberget

Swedish state-owned mining giant LKAB has secured a pivotal permit from the country's Land and Environmental Court, allowing for the comprehensive expansion of mining and processing operations at its historic 135-year-old Malmberget site in Gällivare. This critical approval not only covers existing extraction but also facilitates significant growth initiatives, including the establishment of a demonstration plant for fossil-free sponge iron and a new facility for apatite processing slated to yield vital phosphorus and rare earth elements for European industries. The decision is set to bolster LKAB's long-term operational viability, enhance Sweden's position in critical raw material supply chains, and contribute significantly to global decarbonization efforts.

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United States, Cyprus, Greece, Israel and Rice University To Establish Eastern Mediterranean Energy Center in Houston

On June 11, 2026, the United States, Cyprus, Greece, Israel, and Rice University formally committed to establishing the Eastern Mediterranean Energy Center (EMEC) in Houston, Texas. This initiative aims to bolster energy security, foster innovation, and enhance economic growth within the Eastern Mediterranean by facilitating collaboration on natural gas development, LNG infrastructure, and emerging energy technologies, leveraging Houston's status as a global energy hub. The center reinforces U.S. strategic partnerships and expands opportunities for American energy investment in an increasingly vital energy region.

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Codelco, CEA-Liten sign deal to electrify mining equipment

Codelco, the world's largest copper producer, has formalized a one-year agreement with French research institute CEA-Liten to accelerate the electrification of underground mining equipment. This collaboration, supported by the Chilean state company and the French FASEP fund, targets advanced simulations, rigorous lithium battery testing, and techno-economic analyses to drive decarbonization and enhance worker safety. The initiative underscores a growing industry commitment to sustainable mining practices and technological innovation.

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Queensland approval overhaul puts permitting in focus ahead of IMARC

<p></p> <p>The Queensland Government has introduced significant reforms to its State Development and Public Works Organisation Act 1971, aiming to accelerate critical minerals projects by streamlining approvals and coordinating essential infrastructure. These changes, enacted on June 2, 2026, are seen by industry leaders like the Queensland Resources Council (QRC) and the Association of Mining and Exploration Companies (AMEC) as crucial steps to boost investment and capitalize on the growing global demand for critical minerals. The efficacy of these new frameworks, along with broader discussions on permitting and investment certainty, is set to be a key agenda item at the International Mining and Resources Conference (IMARC) 2026 in Sydney this October.</p> <p>

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Larvotto signs deal to acquire 100% of Hammer Metals

Larvotto Resources has announced a binding scheme implementation deed to acquire 100% of Hammer Metals, a strategic move set to create a diversified critical minerals and precious metals company in Australia. The acquisition, valued at approximately A$54 million, will merge Larvotto’s Hillgrove Antimony-Gold Project in New South Wales with Hammer’s significant Mt Isa copper and critical minerals portfolio in Queensland, establishing a combined copper-equivalent resource of around 530,000 tonnes in the Mt Isa district alone. This consolidation is further bolstered by a A$15 million strategic investment from Glencore, underscoring the potential for rapid development and production commencement at the Hillgrove project by August 2026.

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Orion CMC considers acquiring stake in French miner Eramet

Orion Critical Mineral Consortium (Orion CMC), a US and Abu Dhabi-backed entity, is reportedly evaluating the acquisition of a 37% stake in the French mining company Eramet from the Duval family. This potential move, occurring amid intense competition for critical minerals vital to the energy transition, would position Orion CMC as a significant shareholder alongside the French Government and aims to bolster Western mineral supply chains. The consideration comes as Eramet grapples with financial challenges and internal governance issues.

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BHP, BOTON sign agreement for mining conveyor systems

BHP, a global mining giant, has formalized a strategic global framework agreement with Wuxi BOTON Technology, a Chinese leader in conveyor systems. Signed in May 2026, this collaboration extends beyond traditional product supply to focus on jointly developing advanced automation technologies for conveyor operations, enhancing sustainability through supply chain carbon footprint monitoring, and bolstering global service support. This partnership aims to improve productivity, reduce environmental impact, and advance the safety and efficiency of mining operations worldwide, leveraging innovations like AI-based belt alignment and robotic inspection tools.

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NLCIL and CSIR-CECRI sign MoU for critical mineral extraction

<p></p> <p>NLC India Limited (NLCIL) and the CSIR-Central Electrochemical Research Institute (CSIR-CECRI) have formally partnered to explore the beneficiation and extraction of critical and strategic minerals from mining waste. This Memorandum of Understanding, signed on June 10, 2026, in Neyveli, Tamil Nadu, aims to assess the recovery potential of rare earth elements (REEs) and other trace minerals from overburden and tailings at NLCIL’s vast mining operations. The collaboration is a direct response to the Indian Government's ambitious National Critical Mineral Mission, underscoring India's drive towards self-reliance in the global supply chain for these vital resources.</p> <p>

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Fulcrum EnviroTech, TDI sign deal on mine waste pilot plant

Fulcrum EnviroTech, a subsidiary of Fulcrum Metals, has partnered with Test Design Implement Solutions (TDI) to establish a pilot plant in Ontario, Canada, focused on recovering precious and critical metals from historic mine waste using innovative cyanide-free technology. This initiative, supported by Extrakt Process Solutions and Bechtel Energy Technologies & Solutions, represents a significant step towards commercializing sustainable value extraction from legacy mining sites, beginning with material from Fulcrum’s Teck-Hughes project. The 2.4-tonnes-per-day facility aims to gather crucial operational and metallurgical data, paving the way for broader application across Ontario’s resource-rich regions.

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Energy Department Releases Finalized Fusion Science and Technology Roadmap to Accelerate Commercial Fusion Power

The U.S. Department of Energy (DOE) officially released its finalized Fusion Science and Technology (FS&T) Roadmap on June 9, 2026, outlining a comprehensive national strategy to accelerate the commercialization of fusion energy by the mid-2030s. This initiative, built on extensive public-private collaboration, aims to establish U.S. leadership in fusion by focusing on infrastructure, advanced research, and ecosystem development, with profound implications for critical mineral supply chains and broader energy transition goals within the mining industry.

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Larvotto signs seven-year Hillgrove gold offtake deal with Glencore

Larvotto Resources has secured a significant seven-year binding offtake agreement with Glencore for gold concentrate from its Hillgrove Antimony-Gold Project in New South Wales, Australia. This deal, covering approximately 15,000 dry tonnes per annum of concentrate, is structured on a mine-gate basis, with Glencore managing logistics. Scheduled for commissioning in August 2026, the project has now fully de-risked its primary revenue streams, following an earlier antimony offtake with Wogen Resources, providing crucial certainty for its transition into operations.

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Red Mountain identifies outcropping garnet skarn at Montana site

<p></p> <p>Red Mountain Mining has confirmed visible garnet skarn exposures at its Greenstone and Mammoth prospects within the Pioneer Tungsten Project in Montana, following its strategic acquisition of 100% project ownership. The discovery, supported by magnetic modelling suggesting subsurface mineralisation, positions the company to potentially expand tungsten resources in a historically rich district. With initial rock chip sample results expected by late June, Red Mountain is poised for follow-up drill testing, marking a significant step in developing a domestic tungsten supply.</p> <p>

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Locksley confirms REE mineralisation at El Campo, California

Locksley Resources has confirmed significant neodymium and praseodymium-enriched rare earth element mineralisation at its El Campo prospect in California, strategically located just 5.5km south-east of MP Materials’ Mountain Pass Mine, the sole active rare earth operation in the US. Initial diamond drilling revealed high-grade intercepts, signaling potential for a larger Mountain Pass-style carbonatite system and offering a promising step towards bolstering America’s domestic critical mineral supply chain. These results, announced on June 5, 2026, underline the ongoing importance of regional exploration in critical mineral corridors.

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REalloys signs LoI with Patriot for US rare earth supply

REalloys and Patriot Exploration & Mining have signed a non-binding Letter of Intent (LoI) to establish a domestic US rare earth supply chain. This agreement grants REalloys priority access to up to 30% of rare earth products from Patriot's extensive above-ground resources, which span over 150 sites across the Appalachian Basin and contain more than 40 US-classified critical minerals. The collaboration aims to strengthen US national security and industrial interests by providing a reliable, fully domestic feedstock source for REalloys' critical minerals processing, refining, and metallisation facilities ahead of new procurement restrictions in January 2027.

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Kalgoorlie Nickel wins lead agency status for KNP-Goongarrie Hub

Kalgoorlie Nickel, a joint venture encompassing Ardea Resources, Mitsubishi, and Sumitomo Metal Mining, has been granted lead agency status by the Western Australian Government for its Kalgoorlie Nickel Project (KNP)-Goongarrie Hub. This strategic designation is poised to significantly streamline the development of one of the world's largest nickel-cobalt resources, accelerating its contribution to global battery supply chains amidst rising demand for critical minerals vital to electric vehicles and energy storage. The move underscores both state and federal commitment to advancing Australia's role in the burgeoning critical minerals sector.

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