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#US Agencies Have Developed #CriticalMinerals Price Floor System

Posted on February 18, 2026 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

An image representing critical minerals with an upward growth graph, rocks, and battery cans, featuring flags of the USA, Canada, the UK, Australia, and the EU in the background.

The US has developed a critical minerals price floor system that it’s pitching to allies as the Trump administration and more than 50 countries look to reduce dependence on China for the resources that are deemed critical to national security.

Under Secretary of State for Economic Affairs Jacob Helberg said multiple US agencies have developed the system and are having conversations with allies and partners. It’s the latest update to progress being made by the US and its allies to ringfence Western companies from China’s pressure on those markets.

#India reaches out to critical mineral producers for processing technology

Posted on April 1, 2024 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

NEW DELHI: India has reached out to key critical mineral producers to bring in processing technology into the country, officials said. The move comes close on the back of the government rolling out auctions of critical mineral mines.

“Talks are on with the United States (US), Australia, and United Kingdom (UK), South Korea, and Japan for processing technology. Brazil and Argentina are also positive about collaborating with India,” a senior mines ministry official told ET.
According to another official aware of the plan, agreements with countries are being lined up and will soon be signed.

While India is going ahead with auction of mines holding critical minerals, there are no facilities for their beneficiation.

“We want to target India’s first critical mineral beneficiation and processing plant in the next 3-5 years,” the official quoted above said. “We want to ensure that development of critical mineral processing and extraction happen in parallel.”

Mining, wind contracts signed in China

Posted on April 9, 2013 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

Mining and wind farm deals valued at more than $3 billion have been signed in Beijing during Prime Minister Julia Gillard’s visit on Tuesday.

http://www.skynews.com.au/businessnews/article.aspx?id=862004

BHP Says Alumina, Nickel Units Pressured, Spurring Sale Talk

Posted on January 24, 2013 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

BHP Billiton Ltd. (BHP), the world’s biggest mining company, said the high Australian dollar and weak prices are hurting its local alumina and nickel operations, spurring speculation of possible writedowns or asset sales.

http://www.bloomberg.com/news/2013-01-23/bhp-says-alumina-nickel-units-pressured-spurring-sale-talk.html