Datavault AI (DVLT) said Thursday it has partnered with American Strategic Minerals to develop and monetize one of the latter’s resource extraction projects in Arizona through a $78.2 million digital tokenization initiative.
Under the agreement, American Strategic will receive up to $68.8 million, while Datavault AI may earn up to a 20% equity stake in the company upon meeting performance milestones under the tokenization program.
Datavault AI said antimony will be the first element tokenized, followed by gold, copper and silver. The initial phase will cover about 5% of the project’s antimony resource through the ASMI Antimony 1 Token.
The partnership sets the stage for the launch of an International Elements Exchange, the company added.
German chemical giant opens US$10 billion Zhanjiang complex, its largest overseas investment, as Beijing courts foreign capital.
Germany’s chemical giant BASF has launched operations at its China production base – its largest overseas investment to date – with a total outlay of €8.7 billion (US$10 billion), and the country’s first wholly foreign-owned large-scale Verbund site.
The company on Thursday inaugurated the world-scale complex in Zhanjiang, Guangdong province, designed to run entirely on renewable electricity.
A Verbund site is an integrated chemical complex where plants, energy use and materials are interconnected to maximise efficiency and minimise waste.
The site has brought 18 plants and 32 production lines into operation, producing more than 70 types of products spanning basic chemicals, intermediates and specialty chemicals for industries including transport, consumer goods, electronics, home care and personal care.
Energy Fuels Inc. produced a so-called heavy rare earth element for the first time at its plant in Utah, advancing efforts to build a domestic supply of critical minerals used in electronics and defense technology.
The US company said on 24th March 2026 that it successfully recovered its first kilogram of terbium oxide at the White Mesa Mill as part of a pilot project to scale production at the facility, which predominantly processes uranium.
Terbium — a heavy rare earth element — is essential to building magnets that support consumer electronics, cars and military-grade weaponry. Heavy rare earths are less abundant and typically more valuable than “light” elements such as neodymium-praseodymium. Mining companies like Energy Fuels are pushing to scale production of these metals through facilities in the US as part of the United States effort to create a supply chain that circumvents China.
“You can’t fight a twenty-first-century war with twentieth-century supply chains”. “Modern weapons rely on materials that are difficult to source, difficult to process, and difficult to replace once inventories begin to tighten.”
Reports from the South China Morning Post and Reuters indicate Washington could have only weeks or months of certain rare-earth inventories available for defense manufacturing if supply disruptions deepen.
Rare earth elements are embedded throughout modern military systems—from missile guidance and drone propulsion to radar systems and fighter aircraft electronics.
Note: War is only necessary for protecting human rights, human lives and the nature.
Ardea Resources’ Kalgoorlie nickel project (KNP) has received a shout-out in the Japan-US Critical Minerals Joint Fact Sheet, a call-to-action to shore up critical mineral supply chains between the two powerful nations and other Western markets.
The company’s nickel-cobalt project, about 70 kilometres north of the city of Kalgoorlie-Boulder in Western Australia, comprises its bulk-scale KNP – Goongarrie Hub and hosts a mammoth 854 million tonnes grading 0.71 per cent nickel and 0.045 per cent cobalt for a whopping 6.1 million tonnes of contained nickel and 386,000 tonnes of cobalt.Ardea Resources’ Kalgoorlie nickel project (KNP) has received a shout-out in the Japan-US Critical Minerals Joint Fact Sheet, a call-to-action to shore up critical mineral supply chains between the two powerful nations and other Western markets.
The company’s nickel-cobalt project, about 70 kilometres north of the city of Kalgoorlie-Boulder in Western Australia, comprises its bulk-scale KNP – Goongarrie Hub and hosts a mammoth 854 million tonnes grading 0.71 per cent nickel and 0.045 per cent cobalt for a whopping 6.1 million tonnes of contained nickel and 386,000 tonnes of cobalt.
China has invested more than $120 billion in overseas mining and upstream processing since 2023, accelerating a state-backed push to secure the raw materials underpinning the global energy transition, says Australian think tank Climate Energy Finance (CEF).
A study published last week reveals that China’s spending targeted a wide range of commodities — including lithium, copper, nickel, rare earths and bauxite — that are essential for electric vehicles, renewable power and industrial decarbonization.
Vertical integration at scale
The CEF research also finds that China’s outbound investment in mining is only one piece of a much larger industrial strategy.
Since early 2023, Chinese firms have also deployed more than $220 billion into downstream sectors such as battery manufacturing, electric vehicles, grids, solar and wind infrastructure, creating what researchers describe as a vertically integrated global cleantech expansion.
Without a proper road map to grow its mining sector, the country remains a ‘second-tier mineral economy’.
As the Philippines forms partnerships with several countries to harness its potentially huge wealth of critical minerals, analysts have called for a coherent road map to develop the country’s mining industry to globally competitive standards.
President Ferdinand Marcos Jnr’s administration has signed multiple agreements over the past months, including a memorandum of understanding with the United States to cooperate on diversifying global critical mineral supply chains.
The accord, signed during an inaugural ministerial meeting on critical minerals hosted by Washington last month, is expected to shift Manila’s mining sector from raw mineral ore exports to domestic processing.
Talks on a critical minerals deal between the Philippines and Canada are also in progress. Earlier this month, a delegation from the Philippines took part in the Prospectors and Developers Association of Canada Convention in Toronto, a key gathering for the global mining industry.
Philippines could tap huge global opportunities to grow its industry, as it possessed the world’s fifth-largest mineral reserves, with an estimated US$1 trillion in untapped supplies of copper, gold, nickel, zinc and silver.
Only about 5 per cent of these reserves have been explored, and mining contracts cover just 3 per cent of mineralized areas. At the same time, global demand for these resources, driven by climate change mitigation, clean energy and the broader energy transition, is expected to remain strong for the foreseeable future.
The Ministry of Heavy Industries is likely to call for bids under the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets (REPM) Friday. Officials said the Rs 7,280 crore scheme will promote domestic manufacturing of 6,000 million tonnes per annum (MTPA) of magnets, strengthening supply chains for the automotive, defense, and aerospace sectors.