Latest News

14 April

EnviroGold targets tailings refining with centralised processing hub

Credit: Funtay/Shutterstock.com

EnviroGold Global is advancing a centralised processing hub strategy built around its NVRO Process to unlock metals from tailings and complex sulphide ores. The model focuses on refining and processing pre-mined material, bypassing conventional mine development and accelerating metal recovery. By aggregating feedstock from multiple sites into shared facilities, the company aims to improve processing efficiency, reduce capital intensity and enable flexible commercial models including tolling and licensing. 

The approach targets jurisdictions including the US, Canada and Australia, where legacy tailings offer accessible, infrastructure-linked feedstock. Centralised hubs are intended to shorten timelines from evaluation to production while supporting earlier revenue generation. The strategy aligns with demand for critical minerals and lower-impact extraction, positioning processing—not extraction—as the primary value driver. A demonstration plant in Brisbane is planned to validate the model at scale, with execution phase details expected to follow, alongside potential project partnerships and staged commercial deployment. 

14 April

US–Australia commit $3.5bn to critical minerals projects

Australia and the US have committed more than $3.5bn (A$5bn) to advance critical minerals projects in Australia, with a focus on processing, refining and supply chain security. The funding follows a bilateral framework agreed by Anthony Albanese and Donald Trump, targeting materials including rare earths, nickel, cobalt, gallium and graphite. 

Support is being channelled through Export Finance Australia and Export-Import Bank of the United States. This includes up to A$849m in coordinated backing for Tronox Holdings’ rare earths refinery project, which will produce mixed rare earth carbonate across operations in Western Australia and the US. 

Further support includes up to $1bn combined for Ardea Resources’ Kalgoorlie Nickel Project. Additional projects span gallium recovery, rare earths separation and graphite processing, reinforcing downstream capacity. The framework extends indicative backing to emerging minerals such as vanadium and scandium, signalling a coordinated push to localise refining and reduce reliance on China-dominated processing markets. 

10 April

Venezuela’s National Assembly ‌approves mining law

Venezuela has approved a new mining law aimed at attracting foreign investment into its underdeveloped minerals sector, with an emphasis on downstream processing and refining. The 131-article framework replaces a decades-old system, introducing international arbitration, extended 30-year concessions and a simplified fiscal regime including royalties of up to 13% and a 6% mining tax. 

The reform is designed to unlock projects in gold, bauxite and other strategic minerals while maintaining state ownership of resources. It follows engagement with US officials and aligns with a broader push to rebuild mining capacity and enable export-oriented processing. 

The legislation follows a US-backed political transition after Nicolás Maduro was captured by US forces earlier this year, with Washington subsequently easing some restrictions on Venezuelan gold transactions. 

However, investor caution persists, given Venezuela’s legacy of nationalisations and ongoing security and governance risks in key mining regions, including outstanding arbitration disputes and sovereign debt issues. 

26 March

Rio Tinto targets mid-2030s for Arizona copper mine opening

Rio Tinto has unveiled plans to begin operations at the Resolution Copper mine in Arizona, US, by the mid-2030s. The mining company may have to export a portion of its copper concentrate because of difficult smelting economics in the US, a senior executive told Reuters.  

Rio Tinto recently secured control of the necessary acreage for the project. This comes after a protracted legal battle where increasing US demand for copper conflicted with the San Carlos Apache people’s religious rights.  

The Resolution project is set to produce more than 18 million tonnes (mt) of copper throughout its lifespan, potentially meeting over a quarter of US demand. Rio Tinto has now initiated a $500m drilling programme at previously inaccessible sections of the deposit.

The copper concentrate from Resolution will require smelting into cathode form for mainly manufacturing wires. In the US, Rio Tinto operates the Kennecott copper mine and smelter in Utah, while Freeport-McMoRan manages another smelter.  

24 March

Australia and EU sign trade pact to lessen reliance on China

Australia and the EU have entered into a trade agreement to lessen their reliance on China for critical minerals. The deal, finalised after eight years of negotiations, will eliminate tariffs on nearly all European goods and most exports of Australian critical minerals. 

The agreement comes in response to heightened US tariffs under President Donald Trump’s administration and increased concern over China’s dominant role in the supply of critical minerals and rare earths. 

EC President Ursula von der Leyen said that both sides are seeking to avoid overreliance on a single dominant supplier and to deepen mutual security through resource cooperation. 

The removal of more than 99% of tariffs on EU goods exported to Australia is expected to reduce duties by €1bn ($1.2bn) annually, with EU exports to the country projected to increase by up to 33% over the next ten years. 

The agreement is expected to generate approximately A$10bn ($7bn) each year for Australia’s economy.