Sector Analysis

Chevron acquires 125,000 acres in a lithium-rich formation in the United States, aiming at local production via advanced technology to strengthen the national supply of critical minerals.
Vortex Metals has confirmed copper, silver and gold grades at the Illapel project in Chile, while identifying six new conductive targets with high IOCG mineralisation potential.

Comet Lithium launches targeted campaign on copper, nickel and lithium in Québec

Comet Lithium begins a 17-day exploration programme on June 13 at its Triple L and Elmer East sites, focusing on geophysical and satellite-detected anomalies.
en_1140290989540
With 27 ongoing projects across seven states, Brazil seeks international funding to develop its rare earth reserves and reduce reliance on China.
The European Union selects 13 critical materials extraction projects, including a site in Greenland, to secure strategic supplies essential for technological and energy industries, amidst global geopolitical risks.

Global mining concentration threatens access to strategic metals

The International Energy Agency warns of growing vulnerability in strategic metal supply chains, dominated by a limited number of producing and refining countries.
en_1140290959540-13
The European rearmament plan intensifies pressure on critical metals supply chains, dominated by China, and in direct competition with other key industrial sectors.
State-owned oil group Rosneft has taken over the exploitation licence for the Tomtor rare metals deposit, marking the entry of hydrocarbons into a mining sector largely abandoned by private investors.

Saudi Arabia offers titanium and aluminium to France to strengthen its industry

During a visit to France, the Saudi Minister of Industry presented the kingdom's titanium and aluminium as levers to reach agreements with French manufacturers and support the country’s industrial diversification.
en_1140290947540-4
Smackover Lithium’s South West Arkansas project becomes one of only three lithium initiatives designated as priority projects in the US under the presidential executive order on mineral autonomy.