Articles for tag: American, BHPAnglo, Copper, merger, potential

April 25, 2024

Ron Finklestien

mining

BHP-Anglo American potential merger: It’s all about copper

An electrified world has become increasingly dependent on battery metals, particularly on copper, and BHP is, not surprisingly, eager to secure a leading position in the market. A tie-up would give the mining giant about 10% of the global copper production. It would also boost its presence in the world’s top copper producing countries Chile and Peru, as with the acquisition of Anglo American, BHP would gain access to three of the world’s largest copper mines — Collahuasi (with ownership of 44%), Los Bronces (50.1%), El Soldado (50.1%) and Quellaveco (60%). This would improve the company’s exposure to copper by

March 18, 2024

Ron Finklestien

mining

American Rare Earths confirms Wyoming project potential

American Rare Earths Unveils Promising Undertakings in Wyoming Reshaping the Landscape: Wyoming’s Rare Earth Potential Amidst the rugged terrain and unspoiled beauty of Wyoming, a glimmer of economic promise shines through. American Rare Earths, in partnership with independent firm Stantec Consulting Services, unveils a blueprint rich in potential. Delving into the bowels of the earth, the scoping study reveals a tantalizing proposition – a three million tonnes per annum (Mtpa) operating scenario. Tangible Gains: Financial Prospects and Strategic Insights Laden with economic insights, the report showcases a net present value (NPV) dancing to the tune of $673.9 million at an

February 29, 2024

Ron Finklestien

mining

Untapped Lithium Reserves Unveiled in Northeast British Columbia

Revolutionizing the Landscape of Energy Extraction Geoscience BC unveils a promising discovery, hinting at the potential to extract lithium from brines in tandem with natural gas endeavors in northeast British Columbia. This groundbreaking revelation ushers in a new era where traditional resource extraction converges with the exploration of critical minerals. An Alliance of Progress The collaborative effort between Geoscience BC, Lithium Bank, Natural Resources Canada, and Northern Development has birthed a comprehensive dataset and mapping resource. This invaluable tool equips industry players, Indigenous communities, government bodies, and local residents with the insights needed to make informed decisions in the realm

January 10, 2024

Ron Finklestien

mining

Manganese X Energy Seals MOU with US Battery Tech Firm for Potential Offtake Deal Manganese X Energy Seals MOU with US Battery Tech Firm for Potential Offtake Deal

Photo of the sample being pre-qualified by C4V. Credit: Manganese X EnergyThe signing of the memorandum of understanding (MOU) between Manganese X Energy and US-based battery technology firm C4V marks a significant milestone for the former’s mission to establish itself as a sustainable and dependable North American supplier of high-purity manganese for electric vehicle (EV) batteries. The MOU could potentially pave the way for a global supply agreement. Manganese X Energy’s proprietary manganese purification technology, utilized in the pilot plant project at its Battery Hill property, aims to produce EV-compliant high-purity manganese sulfate monohydrate (HPMSM), serving as a precursor to