Is mining critical minerals better than extracting fossil fuels? – by Katarina Zimmer (Grist.org – March 26, 2025)

https://grist.org/

Extracting resources from the Earth always comes with costs. As we race toward a cleaner, greener future, there is a risk of repeating the abuses of mining for coal and other fossil fuels.

As renewable energy gathers steam around the world, the harms of mining its mineral components continue to grow. On the environmental front, for example, there’s the destruction of Indonesian rainforests to mine nickel and the draining of precious South American groundwater reserves to obtain lithium.

There’s also the human toll, which can be seen in forced displacement and child labor exploitation in the cobalt-rich Democratic Republic of the Congo, as well as violence toward Indigenous people living on nickel-studded lands in the Philippines. The devastation raises the question: Is the world better off just sticking with the status quo? With these factors, is renewable energy and clean technology any better than fossil fuels?

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In War-Torn Sudan, a Gold Mining Boom Takes a Human Toll – by Omnia Saed and Fred Pearce (Yale Environment 360 – March 26, 2025)

https://e360.yale.edu/

As civil war rages in Sudan, a surge in gold production is helping finance and arm the warring factions. Most of the mining is done on a small scale by villagers who process the gold using mercury and cyanide, posing serious threats to their health and to the environment.

Amid Sudan’s brutal civil war, where famine threatens millions of displaced people, many have turned to small-scale gold mining, risking their lives by using toxic chemicals to extract the precious metal. But this pursuit of survival comes at a devastating cost to public health and the environment.

Across thousands of communities, mercury and cyanide used in the mining process are poisoning miners and their families, degrading farmland, and seeping into underground water reserves. After floods in 2022 and again last year, toxins even reached the Nile River, endangering the country’s most vital water source.

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Protecting undersea cultural heritage in spotlight at mining code talks – by AFP (March 27, 2025)

https://www.msn.com/

The world’s oceans harbor a cultural heritage of sunken ships, remains of those lost in the transatlantic slave trade and Indigenous islanders’ spiritual ties to the sea that must be protected, NGOs and native peoples say.

They are pushing at a meeting in Jamaica of the International Seabed Authority (ISA) — an organization established under the UN Convention on the Law of the Sea — for such protection to be enshrined in a mining code that is being negotiated to govern the exploitation of sea beds in international waters.

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INSIGHT: Myanmar rebels disrupt China rare earth trade, sparking regional scramble – by Devjyot Ghoshal, Poppy Mcpherson, Amy Lv and Neha Arora (Reuters – March 27, 2025)

https://www.reuters.com/

When armed rebels seized northern Myanmar’s rare-earths mining belt in October, they dealt a blow to the country’s embattled military junta – and wrested control of a key global resource. By capturing sites that produce roughly half of the world’s heavy rare earths, the Kachin Independence Army (KIA) rebels have been able to throttle the supply of minerals used in wind turbines and electric vehicles, sending prices of one key element skyward.

The KIA is seeking leverage against neighbouring China, which supports the junta and has invested heavily in rare earths mining in Myanmar’s Kachin state, according to two people familiar with the matter.

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Copper’s uber bull predicts new record on most-profitable-ever trade – by Jack Farchy and Mark Burton (Yahoo Finance/Bloomberg – March 24, 2025)

https://finance.yahoo.com/

One of the highest-profile copper bulls is back predicting new price records, as Donald Trump’s threat of tariffs drains global stocks and creates what he sees as unprecedented opportunities for trading profit.

Kostas Bintas became one of the best-known metals traders during his years building Trafigura Group’s copper book into the world’s largest, before his departure in late 2023. Now spearheading a push into metals at energy trader Mercuria Energy Group Ltd., he is again calling for copper to surge to record highs, up by as much as a third from current levels.

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Spain eyes boom in ‘neglected’ strategic mining sector – by Valentin Bontemps (CBS 19 News – March 20, 2025)

https://www.cbs19news.com/

Spain is aiming to tap its unexplored strategic mining resources as the European Union urgently seeks to ramp up production, but local resistance could frustrate the government’s plans. The European mining heavyweight has 2,600 mines generating 3.5 billion euros ($3.8 billion) in annual revenue and is the second-largest EU producer of copper and magnesite, but sector specialists believe its potential is largely untapped.

“Spain possesses huge wealth in its subsoil” and “must continue investigating” to quantify it, said Ester Boixereu, a geologist and natural resources specialist at the Geological and Mining Institute of Spain.

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Indonesian watchdog demands prosecution for environmental crime ‘cartels’ – by Hans Nicholas Jong (Mongabay.com – March 14, 2025)

Mongabay – Conservation News

JAKARTA — Indonesia’s largest environmental group, Walhi, has filed a formal complaint with the Attorney General’s Office, accusing 47 companies of environmental destruction and corruption. The companies, which operate in industries like palm oil, mining and forestry, are accused of being responsible for 437 trillion rupiah ($26.5 billion) in state losses.

Based on field investigations and spatial analysis, Walhi says it has identified 18 forms of gratuities paid by the companies to officials in the 47 cases. In some of these cases, Walhi found that officials had approved the rescinding of forest status for certain areas by revising zoning plans, thereby allowing the companies to clear forests for their concessions.

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Australia’s lithium dream is fading. Can tax breaks revive it? – by Elouise Fowler and Mark Wembridge(Australian Financial Review – March 24, 2025)

https://www.afr.com/

The prime minister believes he can revive hopes of turning Australia into a minerals processing powerhouse. Is this anything other than wishful thinking?

The $1.2 billion lithium hydroxide refinery on the shores of Perth’s southern beaches was once heralded as vital to Australia’s dream of becoming a battery minerals processing powerhouse. Today, the Tianqi Lithium plant sits in an uneasy state – its expansion plans in tatters, its future bleak. Conveyor belts that once ferried lithium-rich rock to a 1000-degree kiln and onto a vat of chemicals lay idle for long periods at the start of the year.

Plans to double the size of the plant – a short drive from Perth in the industrial suburb of Kwinana – were shelved in January. High costs, low lithium prices, technical problems and unfavourable economics are conspiring to kill off the facility entirely, and with it another slice of Australia’s dream.

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WA’s need for EVs comes at a cost for mining towns – by Isabella Breda (Seattle Times – March 24, 2025)

https://www.seattletimes.com/

THACKER PASS, Nev. — Cody Davis is part of a global energy transition. He mined coal in North Dakota before taking a job at what’s slated to be one of the most productive lithium mines in the world. Davis says miners can help the world dig up resources it needs to expand energy production, including for renewables.

“Mining is what we do,” said Davis, the mine’s operations and safety manager. “Just take that skill set and it’s just a different mineral.” American coal mines are shutting down as coal-fired power plants are yanked offline, making way for cleaner sources of power. Washington state’s last remaining coal power plant in Centralia is set to shutter this year.

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Prime Minister Carney commits to the North – by Shane Lasley (North of 60 Mining News – March 20, 2025)

https://www.miningnewsnorth.com/

Just four days after being sworn in as Canada’s new prime minister, Mark Carney flew to Nunavut to reaffirm Ottawa’s commitment to strengthening Arctic security and unlocking the economic potential across Canada’s mineral-rich North.

“Our government will strengthen Canada’s Arctic security, bolster partnerships with our closest Allies, unleash the North’s economic potential, and reaffirm reconciliation with Indigenous Peoples,” Prime Minister Carney said ahead of his trip North. “Canada will remain a strong, secure, and sovereign nation.”

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The US Uranium Dilemma: Domestic Production Challenges in an Era of Growing Nuclear Energy Demand – by Scot Anderson (Womble Bond Dickinson.com – March 20, 2025)

https://www.womblebonddickinson.com/

At present, Kazakhstan, Canada and Namibia account for nearly two-thirds of global uranium production. The United States produces less than one percent of the world’s uranium, and most of the uranium used in the United States is imported, primarily from Canada. As discussed elsewhere in this series, there is increasing commitment to nuclear energy as a fundamental component of domestic and global energy production.

Despite its emphasis on the development of fossil fuels, the Trump administration is likely to support more nuclear energy development, especially in the form of small modular reactors. The Executive Order on “Unleashing American Energy” includes a direction to the U.S. Geological Service to consider adding uranium to the list of critical minerals.

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“The Narrative About Lab-Grown Diamonds Is Changing” – by Victoria Gomelsky (JCK Online.com – March 19, 2025)

JCK.com

After years of growth driven by retailers hooked on enormous margins, the lab-grown diamond market may be at an inflection point, says Paul Zimnisky, a diamond industry analyst who’s closely followed the lab-grown sector for more than a decade.

“I can definitely feel the narrative changing,” Zimnisky tells JCK. “There’s been this incessant narrative that lab-grown diamonds are God’s greatest gift. There’s nothing wrong with them, but I think the industry is putting itself in a difficult position given how heavily it’s promoting lab-grown.

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Nickel in 2040: A supply crisis in the making – by Nilanjan Banik (Time of India – March 21, 2025)

https://timesofindia.indiatimes.com/

Hazarding a guess on the future demand-supply situation, especially for the metal and mining sector, is an exercise fraught with dangers. A fast- changing world order, disruption in global supply chains, the crippling effect of climate change, untimely closure of mines, changed government regulations, wars, changing demand-supply equations can suddenly change the contours of the industry, and with it, the most detailed projections. Not to forget the serious impact of technology costs and innovations.

However, given its growing significance and importance of nickel in different applications like construction, petrochemicals, automobiles, fabrication and welding, transportation, electronics, water sector as well as in low- carbon technologies, it is important to assess its availability and affordability in the near and long-terms as the demand for the critical metal mounts.

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UK watchdog fines London Metal Exchange over handling of 2022 nickel crisis – by Polina Devitt, Eric Onstad (Reuters/MSM.com – March 20, 2025)

https://www.msn.com/

Britain’s financial regulator fined the London Metal Exchange on Thursday for allowing nickel prices to surge out of control three years ago in the first ever enforcement action against a UK exchange.

The Financial Conduct Authority imposed a penalty of 9.2 million pounds ($11.9 million) on the world’s oldest and largest market for industrial metals after an investigation found multiple failures to deal with severe market stress.

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Putin Allies Woo Trump with Rare Earth Mineral Deposits – by Brendan Cole and John Feng (Newsweek Magazine – March 19, 2025)

https://www.newsweek.com/

Russian billionaire Vladimir Potanin has said he is wants to ramp up exploration of rare earth reserves in Russia and Russian-occupied Ukraine, hinting that “foreign partners” may be brought into the fold amid the Trump-drive thaw.

Potanin, who owns the metallurgical giant Norilsk Nickel (Nornickel) and like most oligarchs in Russia, has close links with President Vladimir Putin, said there are many resources in Russia which remain unexplored.

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