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Hudbay Minerals and Mitsubishi Corporation have officially given the green light for the construction and development of the Copper World project in Arizona. With an expected annual copper production increase of 11% over the first 10 years, this project has the potential to positively impact American industry and supply chains.
The U.S. Department of Energy’s Office of Critical Minerals and Energy Innovation has chosen 17 projects from National Laboratories to receive funding aimed at enhancing America’s domestic mining capabilities. This investment highlights the commitment to developing innovative technologies that can benefit American industry and support the nation’s competitiveness in the mining sector.
The Elmet Group has signed agreements with the Department of Defense to ensure a stable supply of the metal crucial for over 100 programs. The $2.5 billion funding will also support upgrades to the company’s manufacturing facilities in Maine, Michigan, and Ohio, benefiting American industry and workers.
Market intelligence firm CRU forecasts that as many as nine new lithium mines may start operating in the U.S. by 2030, potentially increasing domestic lithium supply significantly to support clean energy demands and supply chain resilience.
The U.S. Department of Energy has chosen Peabody Energy to receive funding to advance the production of rare earth elements and critical minerals. This support will aid Peabody in establishing a pilot plant to produce market-ready rare-earth concentrate from its resource base in Wyoming’s Powder River Basin, contributing to American industry and the supply chain.
The US Department of Energy’s Office of Critical Minerals and Energy Innovation has allocated $500 million to seven projects aimed at expanding critical mineral processing, battery manufacturing, and recycling capacity in the country. This investment aligns with efforts to strengthen American energy security and advance domestic production capabilities, benefiting American industry and workers.
The Trump administration continues to strengthen the domestic critical minerals and materials supply chain with a recent $2.9 million funding commitment. The U.S. Army’s decision to lease underutilized land for mineral processing also supports this effort, which is essential for American industry and national competitiveness.
NioCorp Developments shared the findings of a revised feasibility study for its Elk Creek critical minerals project in Nebraska, revealing a 40-year, integrated U.S. operation with a net present value exceeding $4 billion. The project is estimated to generate around $37.4 billion in revenue over its mine life, showcasing its potential impact on American industry and production.
The Society for Mining, Metallurgy & Exploration (SME) has praised the Trump administration’s recent announcement of over $180 million allocated to mining education and workforce development programs as part of a larger $3 billion investment in domestic critical minerals mining. This initiative, highlighted at a Presidential roundtable, aims to boost mining and critical-minerals-related degree programs, potentially benefiting American industry and skilled workers.
The U.S. Department of Energy’s Office of Critical Minerals and Energy Innovation is launching the Providing Opportunities for Specialized Education in Critical Technologies program to support the nation’s mining schools. This $100 million investment aims to equip the next generation of American workers with the skills needed to ensure U.S. energy and mineral independence, highlighting the importance of a strong workforce in securing critical minerals.
Coverage of American mining, mineral processing, critical minerals, rare earths, lithium, copper, and the projects supporting domestic supply chains and industrial strength.
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