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Location map of the Wicheeda property
Wicheeda rare earth element project, Canada – update
13th June 2025 By: Sheila Barradas

Exploration and rare earths development company Defense Metals announced a letter of interest from Export Development Canada on June 5 that could result in up to $250-million in debt financing... 


Greenland gold mine sees rush of investors in new funding round
Greenland gold mine sees rush of investors in new funding round
12th June 2025 By: Bloomberg

Amaroq Minerals, which mines for gold in Greenland, has secured international backing in an oversubscribed fundraising round, underscoring rising interest in Arctic resources. Greenland and its... 


President Cyril Ramaphosa addressing the Africa Green Hydrogen Summit in Cape Town
Ramaphosa aims to use G20 platform to clear hurdles to African green hydrogen, just energy investments
12th June 2025 By: Terence Creamer

President Cyril Ramaphosa has again underlined the industrialisation potential of green hydrogen, and has stressed that South Africa will use its G20 Presidency as well as its participation in the... 


South Africa President Cyril Ramaphosa flanked by CFM Green Hydrogen executive Sebastiaan Surie (left) and Hive Hydrogen chairperson Thulani Gcabashe.
South Africa’s green hydrogen sector boosted by big-ticket funding commitments
12th June 2025 By: Martin Creamer

In a step to accelerate South Africa’s just energy transition and establish the country as a global green hydrogen leader, R656-million has been committed to a green hydrogen fund. South Africa’s... 


Hancock to merge Roy Hill and Atlas Iron under new banner
Hancock to merge Roy Hill and Atlas Iron under new banner
12th June 2025 By: Mariaan Webb

Gina Rinehart's Hancock Prospecting is consolidating its two iron-ore businesses – Roy Hill and Atlas Iron – into a single entity named Hancock Iron Ore, in a move the company says will combine the... 


Perpetua secures $400m as part of Stibnite financing push
Perpetua secures $400m as part of Stibnite financing push
12th June 2025 By: Creamer Media Reporter

Nasdaq- and TSX-listed Perpetua Resources has locked in $400-million in equity commitments through a bought deal financing and private placement, advancing a funding plan for its flagship Stibnite... 


A farmworker holding grapes
South African wine body given an award for innovation
11th June 2025 By: Rebecca Campbell

The representative body for the local wine sector, South Africa Wine, has announced that it has been awarded a Cape Chamber of Commerce and Industry Innovation Award. This award comes just two... 


Glencore halted some cobalt deliveries over Congo export ban
Glencore halted some cobalt deliveries over Congo export ban
11th June 2025 By: Reuters

Glencore declared force majeure on some deliveries of cobalt from Democratic Republic of Congo days after the government suspended exports of the battery material, three sources familiar with the... 


An Ironveld smelter
Ironveld raises £900 000 to lift processing capacity
11th June 2025 By: Creamer Media Reporter

Aim-listed strategic metals producer Ironveld has raised £900 000, before expenses, through a placing with investors of two-billion shares at a price of 0.045p apiece. "Market demand for our dense... 


Business
Sacci reports business confidence up slightly, month-on-month, but strongly, year-on-year
11th June 2025 By: Rebecca Campbell

The South African Chamber of Commerce and Industry (Sacci) on Wednesday reported that its latest Business Confidence Index (BCI) had “lost some momentum” in April and May. The BCI had declined by... 


China rare-earth magnet maker gets green light for US exports
11th June 2025 By: Bloomberg

A major Chinese manufacturer of rare-earth magnets received export permits to countries including the US, in a possible sign of easing tensions between Beijing and Washington. JL Mag Rare-Earth... 


Resolution enters US critical minerals race with Horse Heaven acquisition
Resolution enters US critical minerals race with Horse Heaven acquisition
11th June 2025 By: Mariaan Webb

ASX-listed Resolution Minerals on Wednesday announced a binding agreement to acquire the Horse Heaven antimony/gold/tungsten project in Idaho, US. Horse Heaven is located in the historical... 


A gold mining operation in Zimbabwe
Gold rally brings riches to rural Zimbabwe
11th June 2025 By: Bloomberg

In Filabusi, in south-eastern Zimbabwe the streets are packed with BMW X5s and Land Rover Defenders, modern houses paid for in cash are springing up and whisky is only sold by the bottle in the... 


Nevada Copper project draws $896m US financing interest
Nevada Copper project draws $896m US financing interest
11th June 2025 By: Reuters

A Nevada mining project has attracted the attention of the Export-Import Bank of the United States, which is showing interest in offering $896-million to support a company seeking to build a copper... 


Bags of lithium concentrate being loaded onto a truck
Zimbabwe to ban export of lithium concentrates from 2027
11th June 2025 By: Reuters

Zimbabwe will ban the export of lithium concentrates from 2027 as it extends its push for more local processing, mines minister Winston Chitando said on Tuesday. Africa's top producer of lithium,... 


US-China trade talks on export controls to resume for a second day
10th June 2025 By: Reuters

Top US and Chinese officials will resume trade talks for a second day in London on Tuesday, hoping to secure a breakthrough over export controls for rare earths and other goods that have threatened... 


Port of Dampier
New agreement to decarbonise WA iron-ore exports
10th June 2025 By: Creamer Media Reporter

Delaware-based Terra Metals and its Zambian subsidiary, Lunda Resources, have reported flotation recoveries of 96.5%copper and concentrate grades nearing 27% at their Kalaba copper project in... 


Thulani Gcabashe (right) and Donald McGillivray.
South Africa's green hydrogen project backed by 1 430 MW fully permitted solar cluster
9th June 2025 By: Martin Creamer

The Coega Green Ammonia project in Nelson Mandela Bay has reached another milestone – the permitting of a 1 430 MW solar PV cluster development phase that will supply 40% of the power required by... 


Building confidence loses ground in Q2, residential sector under pressure – FNB/BER index
Building confidence loses ground in Q2, residential sector under pressure – FNB/BER index
9th June 2025 By: Irma Venter

After gaining one index point in the first quarter of the year, the FNB/BER Building Confidence Index fell by five points to 36 in the second quarter. The current reading means that almost 65% of... 


An EV being charged
Auto companies 'in full panic' over rare-earths bottleneck
9th June 2025 By: Reuters

Frank Eckard, CEO of a German magnet maker, has been fielding a flood of calls in recent weeks. Exasperated automakers and parts suppliers have been desperate to find alternative sources of... 


US Treasury Secretary Scott Bessent
US and China set for trade talks in London on Monday
9th June 2025 By: Reuters

Three of US President Donald Trump's top aides will meet with their Chinese counterparts in London on Monday for talks aimed at resolving a trade dispute between the world's two largest economies... 


Khauta South
Standard Bank, NOA partner to unlock capital for energy transition
6th June 2025 By: Sabrina Jardim

Standard Bank and renewable-energy aggregator NOA have reached financial close on the 349 MW Khauta South Solar PV project, a flagship renewable-energy development that introduces a pioneering... 


steel bars
Steel localisation should remain focused on machinery, automotive, construction industries, experts say
6th June 2025 By: Darren Parker

The main contribution from the steel value chain to South Africa’s GDP comes from machinery and automotive production, along with the construction industry. From this standpoint, maximising the... 


ASM MD AND CEO Rowena Smith
ASM rises on rare earth sales progress, global supply chain tensions
6th June 2025 By: Mariaan Webb

Australian Strategic Materials' (ASM's) shares surged as much as 27% on Friday in Sydney trading after the company announced a wave of rare earth alloy sales and growing demand for its products... 


Donald Trump and Xi Jinping
Trump and Xi agree to more talks as trade disputes brew
6th June 2025 By: Reuters

US President Donald Trump and Chinese leader Xi Jinping confronted weeks of brewing trade tensions and a battle over critical minerals in a rare leader-to-leader call on Thursday that left key... 


GALLIUM TARGET
Altona Rare Earths, in its quest to find gallium in Mozambique, has drilled about 8 000 m, completed a scoping study and published a maiden Joint Ore Reserves Committee-compliant mineral resource estimate of 13.6-million tonnes at 2.42% total rare earth oxides for its Monte Muambe project
Gallium discovery at Monte Muambe spurs investor search
6th June 2025

LSE-listed junior exploration and critical minerals company Altona Rare Earths is seeking a strategic investor to co-fund a prefeasibility study (PFS) phase, following the identification of... 


Lara Smith at a mining site in Mozambique.
Contingency planning key to mitigating mining risks
6th June 2025 By: Devina Haripersad

Following the post-election protests and attacks that disrupted Mozambique’s mining sector in October 2024, specialist consultancy Core Consultants is advising companies to stockpile key materials,... 


Image of wind farm
Overberg Wind Farm, South Africa – update
6th June 2025 By: Sheila Barradas

Electricity trader Discovery Green has signed a power purchase agreement with independent power producer Red Rocket, which unlocks the second phase of the wind farm. 


Image of fertiliser
Hiryo coal-to-fertiliser and methanol project, South Africa – update
6th June 2025 By: Sheila Barradas

Multilateral financial institution the African Export-Import Bank’s Advisory and Capital Markets department has been appointed and mandated as the exclusive financial adviser to raise capital for... 


Agriculture Minister John Steenhuisen
Steenhuisen shares ‘new vision’ for agriculture
5th June 2025 By: Marleny Arnoldi

Agriculture Minister John Steenhuisen has outlined a new vision for the Department of Agriculture (DoA) since its split from other portfolios, which created a single dedicated department. In an... 


Australia's Lynas surges as automakers flag risks from China's rare-earth export curbs
Australia's Lynas surges as automakers flag risks from China's rare-earth export curbs
5th June 2025 By: Reuters

Shares of Australia's Lynas Rare Earths climbed on Thursday to their highest point in more than two years, after global automakers warned that China's export restrictions on rare-earth materials... 


An image of steel production
Stakeholders propose options for ailing Steel Master Plan
5th June 2025 By: Tasneem Bulbulia

The Portfolio Committee on Trade, Industry and Competition on June 4 held an engagement with stakeholders in the steel industry regarding the progress and outcomes of implementing the Steel Master... 


A Mercedes Benz plant in Europe
China's rare earth export curbs hit the auto industry worldwide
5th June 2025 By: Reuters

Some European auto parts plants have suspended output and Mercedes-Benz is considering ways to protect against shortages of rare earths, as concerns about the damage from China's restrictions on... 


EDC signals $250m debt support for Wicheeda REE project
EDC signals $250m debt support for Wicheeda REE project
5th June 2025 By: Mariaan Webb

Vancouver-based Defense Metals on Wednesday announced a letter of interest from Export Development Canada (EDC) that could see up to $250-million in debt financing committed toward the development... 


 Bulgarian Ambassador to South Africa Maria Pavlova.
Bulgaria keen on hydrogen collaboration, offering education opportunity ‘right away’
4th June 2025 By: Martin Creamer

Bulgaria is particularly enthusiastic about establishing hydrogen collaboration with stakeholders from South Africa – and is fully prepared to initiate cooperation "right away". Research... 


RMB chief economist Isaah Mhlanga
RMB/BER second-quarter BCI reflects uncertainties globally, locally
4th June 2025 By: Marleny Arnoldi

The Rand Merchant Bank (RMB)/Bureau for Economic Research Business Confidence index (BCI) decreased by five points to 40 in the second quarter of the year, after the recovery that started in the... 


Graphite One says project is first in Alaska to gain FAST-41 status
Graphite One says project is first in Alaska to gain FAST-41 status
4th June 2025 By: Mariaan Webb

TSX-V-listed Graphite One said on Tuesday that its Graphite Creek project was the first in Alaska to be accepted as a 'covered project' onto the federal government's FAST-41 permitting dashboard.... 


Volkswagen's logo on a building
Volkswagen looks at making cars in Egypt to sell across Africa
4th June 2025 By: Bloomberg

Volkswagen is considering producing cars in Egypt, part of plans to tap new African markets as it grapples with weaker demand at home. “We are very interested in Egypt as a production hub and... 


Joburg skyline with the Hillbrow tower
South Africa's business activity growth hits four-year high, S&P PMI shows
4th June 2025 By: Reuters

South African business activity grew at its fastest pace in four years in May, driven by a robust increase in private sector output and improved customer confidence, a survey showed on Wednesday.... 


Trump, Xi have crossed wires on rare earths, trade expert says
Trump, Xi have crossed wires on rare earths, trade expert says
4th June 2025 By: Bloomberg

The US and China appear to have different understandings of what was agreed on rare earths at last month’s trade talks in Geneva, according to an expert on critical minerals policy. China’s... 


US President Donald Trump and his Chinese counterpart Xi Jinping
China’s grip on rare earths gives Xi leverage in US trade duel
3rd June 2025 By: Bloomberg

After the US and China agreed in Geneva to lower tariffs from astronomical heights, tensions are now surging over access to chips and rare earths. And Beijing increasingly appears to have an edge.... 


ReElement Technologies secures anchor investment from Novare Holdings
2nd June 2025 By: Sabrina Jardim

Nasdaq-listed American Resources Corporation has, through its holding in ReElement Technologies Corporation – a US innovator in rare earth element (REE) and critical mineral refining – secured a... 


May new-vehicle sales jump by 22%, exports continue to trend downwards
May new-vehicle sales jump by 22%, exports continue to trend downwards
2nd June 2025 By: Irma Venter

Total May new-vehicle sales, at 45 308 units, jumped by 22% compared with the same month last year, buoyed by a nixed value-added tax increase, a drop in interest rates and the tabling – finally –... 


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Magazine round up | 18 July 2025
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Lanseria to get several major upgrades
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