Mining Technology & MINE Magazine ’s Post

#TechnologyMetalsReport (05.31.2024): #Brazil Critical Minerals Masterclass and the Historic #USMilitary Funding for CDN Companies https://bit.ly/4aOotzz #TMR #RareEarths #Nickel #ElectricVehicles #CriticalMinerals

Thank you Sun Journal and Christopher Wheelock for the coverage. This partnership is crucial as it supports the stability and security of tungsten supply outside of China, ensuring that key industries dependent on this critical material, such as defense and aerospace, can maintain uninterrupted access for mission-critical components and innovations. #Tungsten #CriticalMetals #StrategicPartnership #DefenseIndustry #AerospaceInnovation #MedicalTechnology #SupplyChainSecurity #MiningIndustry #GlobalTrade #ElmetTechnologies #EQResources #SustainableMining #ManufacturingExcellence #TechInnovation #MetalsInDemand #ResourceStability #IndustryGrowth https://lnkd.in/dcGiFC27

Once upon a time the US recognized the strategic value of controlling/owning the supply chain. Now it's far behind... https://lnkd.in/gSD3s6Hy #china #supplychains #strategy #global #defense

Maybe we should just ramp up production and sell more dual-use strategic materials at bargain basement prices ? How else are we going to be able to afford to pay for all our new Defence equipment…that we need to protect ourselves from the unprecedented regional military build up, fueled by our sale of dual-use strategic materials ?

Exciting developments in North American resource security! 🌍 The U.S. funding Canadian mining projects for critical minerals marks a strategic shift to enhance supply chain resilience and reduce dependency on foreign sources. This historic move underscores a joint effort to bolster national security and strengthen regional control of vital resources. 💎🇺🇸🇨🇦 #ResourceSecurity #USCanadaPartnership

Military Metals Corp Summarizes 2024 and Provides Outlook for 2025, Antimony Price Reaches $38,000 USD per Tonne, up 192% for the Year 📣 “On behalf of the Company I would like to thank all of our stakeholders for a tremendous year of growth as we transitioned into a mining issuer. We accomplished a lot with our foray into the antimony space, yet our work has just begun with an exciting 2025 ahead of us. Several management and board level additions have strengthened our team. We look forward to de-risking our flagship asset in the European Union and capturing the value of the rising antimony price.” - Scott Eldridge, CEO and Director of Military Metals Corp. 🔗 Full News Release: https://bit.ly/41MAJji ( 🇨🇦 MILI | 🇺🇸 MILIF | 🇩🇪 QN90) #MilitaryMetals #Mining #Antimony #Defense #Military

The U.S. military has, for the first time in generations, spent public money on minerals projects inside Canada: nearly $15 million to mine and process copper, gold, graphite and cobalt in Quebec and the Northwest Territories. It might not be the last: Officials expect additional cross-border announcements under the more than half-billion-dollar U.S. program (U.S. Defense Production Act). Part of an effort to address #China's control over global supply chains in the #CriticalMinerals and build #ResilientSupplyChains #China #Canada

Barrick Gold Corp. ABX-T ⬇️-0.16% is facing mounting pressure in Mali as the country’s military regime seeks to boost its control of the multibillion-dollar mining sector at a time of growing Russian influence over its economy. The Malian government is closely allied with the Russian military, which provides thousands of soldiers to several countries in the region. Russian troops have been heavily involved in seizing mining sites in Mali and the Central African Republic in recent years, and the U.S. government has accused Russia of using African mining revenue to help finance its global military operations. https://lnkd.in/emgwzz5u

🚨 2024 has been a transformational year for Military Metals Corp. Under the leadership of Scott Eldridge, the company has acquired strategic assets like the Trojarová Antimony-Gold Project in Slovakia, the West Gore Project in Nova Scotia, and the Last Chance Project near Kinross Gold Corporation’s Round Mountain Gold Mine in Nevada. With antimony prices soaring by 192% to $38,000 USD per tonne, Military Metals Corp is well-positioned to capitalize on this critical mineral’s growing demand. Avrom E. Howard, geological consultant and qualified person, is steering the technical excellence of these projects. The company’s vision for 2025 includes advancing the Trojarová Project with a NI 43-101 resource estimate and a Preliminary Economic Assessment, paving the way for long-term success in the critical minerals sector. Antimony is more than a mineral—it’s a cornerstone for fireproofing, batteries, and defense. As Military Metals Corp continues to takeover in this space, it’s a story worth following. (🇨🇦 CSE: MILI | 🇺🇸 OTCQB: MILIF) #CriticalMinerals #Mining #Antimony https://lnkd.in/gsEzsTWs

China controls 38% of the reserves of global rare-earth elements; 60% of rare-earth mining, 85% of rare-earth processing, and 90% of rare-earth permanent magnet manufacturing; 80% percent of solar component production; 85% percent of global battery production; and 80% percent of cobalt refining capacity.