Industry News
Greenland Grants 30-Year Permit to EU-Backed Malmbjerg Molybdenum Mine
Greenland has approved a 30-year licence for a major EU-backed molybdenum mine, set to supply 25% of the bloc’s needs.
Region
Europe
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Industry News
EU to Press China on Rare Earth Access at Upcoming July Summit
EU leaders head to Beijing in July aiming to secure rare earth supplies amid growing trade tensions with China
Companies & Organisations
ArcelorMittal Sells Bosnian Steel and Iron Ore Operations to Pavgord Group
ArcelorMittal will sell its Bosnian steel and iron ore operations to local conglomerate Pavgord Group after 21 years, citing persistent losses and falling European demand.
Industry News
Turkey’s Onur Group Secures Ukraine’s Top Mineral Sites Amid EU Strategic Push
Turkey’s Onur Group will develop Ukraine’s largest graphite deposit and several kaolin sites, as Kyiv opens strategic mineral assets to foreign investment.
Companies & Organisations
Tungsten West’s Hemerdon Mine Named Strategic Project Under EU Critical Minerals Strategy
Tungsten West’s Hemerdon mine has been named a strategic EU project as the company pushes for UK backing and £69 million in funding.
Policies and Regulation
EU Urged to Prioritise ESG in Central Asia’s Raw Materials Push
Critical raw materials (CRM) now sit at the heart of the partnership announced at the region’s first EU-Central Asia summit, and Brussels has earmarked €2.5 billion ($2.875 billion) of that money for new…
Companies & Organisations
Metinvest Completes Buyback of Eurobonds Due 2025
Ukrainian steel and mining group Metinvest has fully purchased its outstanding Eurobonds due 2025, according to a company statement.
Companies & Organisations
Europe puts flagship green steel project in jeopardy
ArcelorMittal is considering the shutdown of its pioneering Steelanol plant in Ghent, Belgium, a flagship green project that converts CO₂ from blast furnace gases into ethanol.
Industry News
Daimler Truck Boosts Inventories to Shield Against Rare Earth Supply Risks from China
Daimler Truck is stockpiling rare earths and chips as Chinese export curbs raise fears of future supply shocks.
Industry News
Critical Metals Secures U.S. EXIM Support for Greenland Rare Earths Project Amid Global Supply Battle
Critical Metals lands U.S. EXIM Bank backing for its Greenland rare earth project as Washington looks to reduce dependence on China.