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Rio Tinto expects its lithium business to grow faster than its copper, iron-ore and other divisions as it works to triple production by 2028 for the electric vehicle and battery storage markets, an executive says. The world's second-largest mining company plans to produce at least 61 000 t of lithium this year and have the capacity to produce 200 000 t by 2028, with much of the growth coming from investment in direct lithium extraction technology and mines in Argentina and Canada acquired through last year's Arcadium buyout.
Alberta pursues Japanese crude oil export deal to diversify from US marketsThe government of Alberta is in talks to export more crude oil to Japan and reduce that country's reliance on the Middle East, with Energy Minister Brian Jean saying the province has offered to help fund construction of a coker unit to enable Japanese companies to process Alberta heavy crude. Canada currently sends about 90% of its crude exports to the US and has been eager to diversify due to uncertainty around President Donald Trump's trade policies, while Japan imports about 95% of its crude from the Middle East.
Cameco welcomes US $17.5-billion nuclear reactor supply chain loan commitmentCanadian uranium producer Cameco has welcomed the US Department of Energy's conditional commitment for a loan package of up to $17.5-billion to provide the majority of financing for Westinghouse Electric Company to purchase long-lead time items for up to ten AP1000 nuclear reactors in the US. Brookfield Renewable Partners and Cameco acquired Westinghouse in November 2023, bringing together Cameco's expertise in the nuclear fuel supply chain with Brookfield's position as one of the world's largest investors in energy generation technologies.
Canada Updates
TSX-listed streaming company Triple Flag Precious Metals Corporation's subsidiary, Triple Flag International, has completed the acquisition of a gold stream on the producing Ravenswood gold mine,...
Canada and Japan are working on a range of mining projects, including potential joint stockpiling, Canada's Trade Minister told Reuters, as Japan moves to diversify supplies of critical minerals...
A Canadian miner that is one of Cuba’s biggest foreign investors warned investors that its ability to carry on as a going concern is in doubt after Donald Trump expanded US sanctions on the...
Railway exports of liquefied petroleum gases (LPG) from the Canadian production hub of Edmonton, Alberta, to refining and trading centers in the US are unusually high this summer owing to strong...
South Africa on June 8 joined the ‘escape club’, ‘North, east, west, south, all in the same house’, with all due acknowledgement to the English pop-rock band The Escape Club. It joins the 2026...
South Africa’s Witwatersrand gold basin dominates the list of the world’s deepest mines, claiming seven of the ten spots. Chasing ever-thinner reef seams buried beneath ancient rock, South African...
The government of British Columbia has approved key regulatory authorisations for the Red Chris block cave project.
BHP has announced a two-year extension of Jansen Stage 2 from the 2029 to 2031 financial year.
ASX- and TSX-listed Paladin Energy has completed its 2026 winter drilling programme at the Patterson Lake South (PLS) uranium project, in Saskatchewan, Canada, noting the discovery of a new body of...
TSX- and NYSE-listed Taseko Mines expects its namechange to Trekor Metals to become effective today, with the company's common shares due to start trading under the new name on June 29. The ticker...
Mine services company Epiroc, using technology from Remote Control Technologies (RCT), played an integral part in the reopening of a prominent Canadian nickel mine as it moved to openpit mining...
Canadian multinational streaming company Wheaton Precious Metals Corporation has once again been named to Corporate Knights' Best 50 Corporate Citizens in Canada, ranking thirteenth overall in...
Canadian uranium producer Cameco Corporation has welcomed an announcement made by the US Department of Energy's (DoE's) Office of Energy Dominance Financing on its conditional commitment for the...
After spending additional time to refine a processing flowsheet, mine plan and other aspects, ASX-listed American West Metals says it is making progress on a prefeasibility study (PFS) for the...
Rio Tinto expects its lithium business to grow faster than its copper, iron-ore and other divisions as it works to triple production by 2028 for the electric vehicle and battery storage markets, an...
TSX-listed nickel and cobalt producer Sherritt International Corporation has started to shut down operations at its refinery in Fort Saskatchewan, Alberta. The transition aligns with the...
US-based lithium and rare earths exploration company Lithium Corporation has secured a land position covering about 13 000 acres, or 5 400 ha, that is prospective for rare earths mineralisation at...
The government of Alberta, Canada's main oil-producing province, is in talks to export more crude oil to Japan and reduce that country's reliance on the Middle East, the province's Energy Minister...
Canadian high-grade flake graphite developer Focus Graphite has published an upgraded mineral resource estimate (MRE) for the Lac Tétépisca project, in Québec, which places it among the largest...
TSX-V-listed Rock Tech Lithium has entered into an option agreement with Bounty Gold Corporation and Last Resort Resources to acquire a 100% interest in the Victory project, in Ontario. Rock Tech...
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