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Mining boss calls for price support to challenge China’s critical minerals dominance

Stay informed with free updates Simply sign up to the Mining myFT Digest — delivered directly to your inbox. Western governments should provide price guarantees for critical minerals miners if they are to compete with Chinese rivals who receive huge state support, the boss of leading platinum producer Sibanye-Stillwater has said. The comments by Neal … Read more

EU to stockpile critical minerals due to war risk

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brussels has said it will build up emergency stockpiles of critical minerals and cable repair kits, as concerns grow over the EU’s vulnerability to attack. “The EU faces an increasingly complex and deteriorating risk landscape … Read more

Trump’s critical minerals drive paves the way for a deep-sea gold rush

Critical minerals such as cobalt, nickel, copper and manganese can be found in potato-sized nodules at the bottom of the seafloor. Pallava Bagla | Corbis News | Getty Images U.S. President Donald Trump’s critical minerals drive looks set to pave the way for a gold rush on the ocean floor. Seeking to counter China’s mineral … Read more

US military leaders wade into fight over tax breaks for critical minerals

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Former US military leaders are lobbying Congress to reject a Republican push to repeal billions of dollars in tax credits for critical minerals, warning it would leave the country vulnerable to China. A … Read more

U.S. and Ukraine sign landmark minerals deal

Earth and minerals are loaded onto trucks at an open-pit mine near the frontline, despite the threat of bombing by Russian invading forces on February 26, 2025 in Donetsk Region, Ukraine. Pierre Crom | Getty Images News | Getty Images The U.S. and Ukraine have signed a long-awaited minerals deal, providing Washington with preferential access … Read more

Durin digs up $3.4M to automate drills for critical minerals exploration

Finding new sources of critical minerals is a costly business. Worldwide, companies spent $12 to $13 billion on exploration in 2023. The upshot: mining is the definition of a hit-or-miss business. Companies today use advanced models of the Earth’s crust to pinpoint the best prospects, but even then only about three out of 1,000 attempts … Read more

Ukraine says it has signed the outline of a minerals deal with the U.S.

Ukrainian Minister of Economic Development and Trade, Yulia Svyrydenko and the US Secretary of Treasury, Scott Bessent (not seen) sign the outline of a rare earth minerals deal over an online call, in Kyiv, Ukraine on April 17, 2025. Anadolu | Anadolu | Getty Images Ukraine said Thursday that it had signed the basis of … Read more

US and Ukraine sign memorandum of intent on minerals deal

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Kyiv and Washington have signed a memorandum of intent pledging to advance an agreement on an investment fund for Ukraine’s natural resources and energy assets, officials familiar with the matter told the Financial … Read more

US closes in on critical minerals deal with DR Congo

The US is closing on a deal with the Democratic Republic of Congo that would see American companies take more control of critical mineral assets in return for greater backing for the embattled Kinshasa government. US President Donald Trump’s newly appointed Africa adviser Massad Boulos said he had seen the outlines of the deal and … Read more

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