Minerals

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WhiteHawk Minerals Eyes $701 Million Valuation in US IPO

(Reuters) – WhiteHawk Minerals ‌is targeting a valuation of up to $701.2 million ​in its U.S. initial ​public offering, as the ⁠natural gas mineral ​and royalty firm looks to ​tap investor appetite for domestic energy assets. The Philadelphia, Pennsylvania-based ​company is seeking ​up to $187 million by offering roughly ‌6.9 ⁠million shares priced between $25 …

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China’s Commodity Imports Show Hormuz Impact as Oil Slides, Metals Rise: Russell

(Reuters) – The Iran war is starting to shape China’s imports of major commodities, with April data showing a sharp decline in crude oil but rising trade in metals. The headline-grabbing number from the figures released last week by customs was the slide in arrivals of crude oil, with the world’s biggest importer taking in …

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US Energy Chief Downplays Interest in Greenland’s Rare Earths

By Mark Burton The Trump administration’s primary interest in Greenland is on national security, not the development of its rare earths or energy resources, according to US Energy Secretary Chris Wright. President Donald Trump has long sought to assert control over Greenland, and since his return to the White House his administration has been in …

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US to Push for Quicker Action in Reducing Reliance on China for Rare Earths

US to push for quicker action in reducing reliance on China for rare earths Summary US Treasury’s Bessent said frustrated with lack of urgency G7 plus India, South Korea, Australia and Mexico to attend China dominates critical minerals production (Reuters) – U.S. Treasury Secretary Scott Bessent will urge Group of Seven nations and others to …

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US Rare Earth Pricing System is Poised to Challenge China’s Dominance

By Eric Onstad Chinese low prices thwarted efforts to shake its dominance Industry elsewhere has long campaigned for alternative pricing Sole domestic US rare earth miner aims for commercial magnet production late this year LONDON, July 14 (Reuters) – U.S. efforts to break China’s dominance of the rare earths market and to drive investment in …

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Ukrainian Parliament Ratifies Natural Resources Deal With US

Ukraine’s parliament ratified a deal with the US over access to the country’s natural resources, lending its full support to attempts by President Volodymyr Zelenskiy to improve ties with Donald Trump. Ukraine and the US reached the accord a week ago after long negotiations that led Washington to drop its insistence on getting back billions of dollars in aid delivered …

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US-Ukraine Deal is Heavy on Symbolism, Light on Minerals

(Reuters) – U.S President Donald Trump’s minerals deal with Ukraine is a big symbolic win for both sides. Ukraine gets a long-term commitment for U.S. investment in “a free, sovereign, and secure Ukraine”. The United States gets a stake in Ukraine’s future resource potential. And Trump gets to prove that he is, to quote White …

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US, Ukraine May Wait Decade or More to See Revenue From Minerals Deal

The financial payoff from a new minerals deal between Ukraine and the U.S. is likely to take a decade or longer as investors face many hurdles to getting new mines into production in the war-ravaged country. Developing mines that produce strategically important minerals in countries with established mining sectors such as Canada and Australia can …

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Ukraine Ready to Sign US Resources Deal in a Matter of Hours

Ukraine is ready to sign a natural resources deal with the US, which could bolster Washington’s support for Kyiv by strengthening their economic partnership. The draft agreement, which has been finalized, may be signed as soon as Wednesday and will allow the US privileged access to new investment projects to develop Ukraine’s natural resources. The …

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US Interior Chief Pitches Resources on Federal Lands as Assets Worth Trillions

By Ari Natter Donald Trump’s Interior Secretary is making the case that the oil, gas and minerals in the vast federal lands and waters he is charged with overseeing should be viewed as part of “America’s balance sheet” worth trillions of dollars. Secretary Doug Burgum plans to tell thousands of oil and gas executives gathered …

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