Minerals

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US Interior Chief Pitches Resources on Federal Lands as Assets Worth Trillions

By Ari Natter Donald Trump’s Interior Secretary is making the case that the oil, gas and minerals in the vast federal lands and waters he is charged with overseeing should be viewed as part of “America’s balance sheet” worth trillions of dollars. Secretary Doug Burgum plans to tell thousands of oil and gas executives gathered …

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What are Rare Earth Metals and Why are They in Demand?

Trump wants rare earth.What are rare earth elements and why are they important? (Reuters) – Rare earth metals are making headlines as demand rises for products from smartphones to wind turbines, and as governments seek secure supply. Here are some basic facts about them: WHAT ARE THEY? Rare earths are a group of 17 elements …

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Why Trump’s Ukraine Minerals Deal with Zelenskiy Is Not an Easy Win

Bloomberg News Trump has sought to pressure Zelenskiy into agreeing to let the US benefit from any of Ukraine’s untapped resources, at a time when Washington is seeking to secure supplies of critical minerals. His pursuit has seen him make some huge demands: At one point he wanted the equivalent of $500 billion from rare earths, …

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Why Trump Wants Ukraine’s Natural Resources and What’s Viable

By Mark Burton and Kate Sullivan US President Donald Trump is close to striking a deal to grab a share of Ukraine’s natural resources as he pushes for an end to Russia’s three-year war in the country. Listen to the Here’s Why podcast on Apple, Spotify or anywhere you listen. Trump has sought to pressure …

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Trump’s Minerals Deal May Play in Ukraine’s Favor Long-Term

By Pierre Briancon BERLIN, Feb 26 (Reuters Breakingviews) – The minerals deal that U.S. President Donald Trump could soon sign with Ukraine may not be the colonial-style asset grab it appears to be. President Volodymyr Zelenskiy can still turn it to his country’s long-term advantage. Giving Washington a piece of Ukraine’s critical minerals and other …

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Zelenskiy Says ‘Let’s Do a Deal’, Offering Trump Mineral Partnership, Seeking Security

By Tom Balmforth and Olena Harmash ‘Let’s do a deal,’ says Zelenskiy to Trump, offering rare earths Summary • In interview, Ukraine’s Zelenskiy offers mineral partnership to US • Zelenskiy emphasizes need for security guarantees in any deal • Ukrainian president keen to speak to Trump before Putin does Ukraine proposes using its gas storage …

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Biden Boosts Loan for ioneer’s Nevada Lithium Mine to Nearly $1 Billion

By Ernest Scheyder Loan increased due to inflation and bigger lithium deposit Rhyolite Ridge to produce 22,000 metric tons of lithium annually Biden administration confident US lithium needs can be met by by 2030s Shares of ioneer gain more than 15% Jan 17 (Reuters) – The U.S. Department of Energy has finalized a $996 million …

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Electric Dreams Turn into a Nightmare for Battery Metals

(Reuters) – It’s been a brutal year to be in the battery metals business. Prices of lithium, nickel and cobalt collapsed in 2023 and have continued grinding steadily lower over the course of 2024. A sector that was once racing to build new supply has been closing mines and deferring projects as low prices bite …

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Biden Unveils $600 Million in New Financing for African Railway to Boost Critical Minerals Infrastructure

Lobito railway will transport critical minerals to Atlantic Effort by US to counter Chinese dominance of mining in Africa President Joe Biden meets Lobito Atlantic Railway workers at the Port in Lobito, on Dec. 4.Photographer: Andrew Caballero-Reynolds/AFP/Getty Images President Joe Biden is rounding off his trip to Angola by announcing $600 million in new financing for a …

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Exxon Mobil Signs Non-Binding Lithium Supply Deal with LG Chem

Summary Preliminary deal for 100,000 metric tons over several years Arkansas must first set lithium royalty rate Exxon sees lithium demand rising despite Trump’s EV comments Exxon still deciding on which direct lithium extraction technology to use HOUSTON, Nov 20 (Reuters) – Exxon Mobil  said on Wednesday it has signed a non-binding lithium supply deal …

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