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BHP and Rio Tinto welcome first Caterpillar battery-electric haul trucks to the Pilbara
PERTH, Australia--(BUSINESS WIRE)--Australia’s first Cat® 793 XE Early Learner battery-electric haul trucks have arrived at BHP’s Jimblebar iron ore mine in the Pilbara, marking the start of on-site testing, in collaboration with Rio Tinto, of Caterpillar’s battery-electric heavy haulage technology in the region that powers the nation’s economy. The two Early Learner trucks, delivered through an industry-first collaboration between BHP, Rio Tinto and Caterpillar represent a major step toward a...
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pH7 Technologies recaudó $25,6 millones en una ronda de financiación serie B para ampliar su tecnología de extracción de metales críticos
VANCOUVER, British Columbia--(BUSINESS WIRE)--pH7 Technologies Inc., pionera en soluciones comercialmente escalables de extracción de metales críticos, anunció hoy el cierre inicial de $25,6 millones como parte de su ronda de financiación serie B. La ronda fue liderada por Fine Structure Ventures, con la participación de BHP Ventures como principal inversor estratégico, junto con Energy & Environment Investment (EEI), Siteground, Gaingels Fund y Calm Venture, y la participación continua de...
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Western Metallica Announces Debt Settlement
TORONTO--(BUSINESS WIRE)--Western Metallica Resources Corp. (TSXV: WMS) (“Western Metallica” or the “Company”) announces that it has settled its debt with Gestión de Consensos Socioambientales S.A.C. in the amount of USD $13,648.47 through the issuance of an aggregate of 180,000 common shares of Western Metallica (the "Common Shares") at a deemed price of $0.065 per Common Share and a cash payment of USD $6,000.00. The Common Shares are subject to a statutory hold period until April 5, 2026. Cl...
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Phoenix Tailings Selected to Receive $1.6 Million in Federal Funding for Technology to Extract Critical Minerals From Wastewater
WOBURN, Mass.--(BUSINESS WIRE)--Phoenix Tailings announced that it has been selected to receive funding from the U.S. Department of Energy to secure U.S. rare earth supply chains....
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pH7 Technologies Raises $25.6 Million Series B to Scale Critical Metals Extraction Technology
VANCOUVER, British Columbia--(BUSINESS WIRE)--pH7 Technologies Inc., a pioneer in commercially scalable critical metal extraction solutions, today announced the initial closing of USD $25.6 million as part of its Series B financing round. The round was led by Fine Structure Ventures, with BHP Ventures joining as a key strategic investor, alongside Energy & Environment Investment (EEI), Siteground, Gaingels Fund, and Calm Venture, with continued participation from existing investors includin...
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Aether Biomachines Appoints Jay Zaveri as President
SAN FRANCISCO--(BUSINESS WIRE)--Aether Biomachines, the company reindustrializing America by turning AI-designed proteins into real-world solutions, today announced Jay Zaveri, Founder and Partner at Natural Capital, as president. In this capacity, Zaveri will lead growth and bring Aether’s AI-designed proteins to market at scale. “Jay has been a trusted adviser of Aether for several years, and I’ve seen him as a cofounder in this journey. As president, he will lean into his entrepreneurial exp...
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Momentum Technologies CEO Testifies Before Congress on Critical Minerals Processing Solutions to Strengthen American Energy Independence
CARROLLTON, Texas--(BUSINESS WIRE)--Momentum Technologies (“Momentum”), a company revolutionizing critical mineral and metal recovery for key industries, today announced that Chief Executive Officer Mahesh Konduru testified today before the U.S. House Committee on Natural Resources, Subcommittee on Oversight and Investigations, presenting the company's innovative processing technology as a solution to America's critical minerals supply chain vulnerability. The hearing, titled "Unleashing Americ...
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Rio Tinto’s Nuton technology produces first copper
TUCSON, Arizona--(BUSINESS WIRE)--Rio Tinto has successfully produced the first copper from the Johnson Camp mine in Arizona using its Nuton® Technology, marking a pivotal step forward in the development of this innovative copper processing technology. After more than 30 years of research and development, the first copper cathode using Rio Tinto’s proprietary bioleaching technology, which relies on microorganisms grown on site, was produced at Gunnison Copper’s Johnson Camp mine last month. The...
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Stronger, sharper and simpler Rio Tinto to deliver leading returns
LONDON--(BUSINESS WIRE)--Rio Tinto will today outline its strategy to deliver industry leading returns by becoming stronger, sharper and simpler, at its 2025 Capital Markets Day. Chief Executive Simon Trott and members of the executive team will detail how Rio Tinto will unlock its full potential to become the most valued metals and mining business through a strategy that starts with having the right assets in the right markets, supported by a diversified model that delivers market-leading perf...
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Rapaport Press Release: Prices Stable for Large Diamonds, Down for Small
LAS VEGAS--(BUSINESS WIRE)--Prices of larger diamonds were steady in November. The market for 1-carat diamonds weakened. Smaller goods showed the sharpest downturn as trends visible in recent months persisted. Prices in India fell more sharply than in the US, reflecting the challenges that tariffs have created. The industry awaited news on a solution to America’s 50% import duties on Indian goods. RapNet Diamond Index (RAPI™) Index November Year to Date Year on Year Jan. 1 , 2025, to De...