26 August 2025
26 August 2025
Revenue for the period was $15.5bn (23.93bn), down 15% from FY24, due to an 18% decrease in Hematite average revenue to $85/dmt.
The draft list will serve as a framework for federal strategies, investments and permitting decisions.
The decree now permits miners to sell minerals and coal at prices below the government-set benchmarks.
The SMR is proposed to be located at the Hawthorne Army Depot in Mineral County, Nevada.
The acquisition comprises four inlier claim groups encompassing an area of 173 hectares.
The initial production target is set at 776kt with a gold grade of 3.2g/t, aiming to yield approximately 80koz of gold.
The move marks a critical step in de-risking the project and propelling it towards the final investment decision (FID).
The updated regulations follow China’s already stringent management over its rare earth industry through a quota system.
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