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Jindalee Lithium will spin out its US assets into Nasdaq-bound US Elemental via a merger with a US-listed SPAC, retaining about 80% ownership and targeting a Q3–Q4 2026 listing as work accelerates at the McDermitt lithium project on the Oregon–Nevada border. A 2024 pre-feasibility study for McDermitt, one of the two largest known US lithium resources alongside Thacker Pass, outlined a 60+ year mine life from only part of the resource, with in-fill drilling and a full feasibility study scheduled for 2026–27. McDermitt’s inclusion in the FAST-41 federal permitting programme aims to secure key permits by end-2028, positioning the project ahead of many peers while remaining insulated from current construction cost spikes.
Former CIA officer David J. Rush has been charged with theft of public funds after FBI agents found 303 gold bars worth about $40 million, plus roughly $2 million in cash and dozens of luxury watches, hidden in his Virginia home. US officials say Rush fabricated a “special access program” and a “made-up contract” to persuade at least two CIA colleagues to transfer cash, foreign currency and tens of millions of dollars in gold bars between November 2025 and March 2026. His lawyer claims the case is really about $65,000 in alleged time card fraud and disputes that Rush owned the bullion.
Sodium-ion batteries are emerging as a mass-market option for grid-scale storage and lower-cost urban EVs, with CATL already selling sodium-ion passenger vehicles and utility systems exceeding 1 GWh, but they do not displace lithium in high-energy-density applications. Because sodium is geologically ubiquitous—essentially salt at 2.3% of the crust—the bottleneck moves from scarce deposits like Greenbushes and the Lithium Triangle to midstream processing and gigafactory-scale manufacturing. China now controls over 90% of installed and announced sodium-ion manufacturing capacity, deepening Western dependence despite abundant raw sodium.
Codelco’s El Teniente Division has secured both The Copper Mark and The Molybdenum Mark after a rigorous independent on-site assessment of its responsible production practices. The international assurance process verified that El Teniente’s policies and operational controls meet high environmental, social and governance criteria, including responsible mineral value chain management. For engineers and project teams, the dual certification signals that future brownfield expansions, tailings management and underground operations at this major Chilean copper–molybdenum complex will be scrutinised against these ESG benchmarks.
Repeated strikes on live electricity cables during street works in Britain are being blamed on poor subsurface mapping and fragmented utility records, with contractors often relying on outdated paper plans and limited ground-penetrating radar surveys. German cities are cited as a benchmark, using centralised digital cadastres of buried assets, mandatory as-built 3D records and shared GIS platforms to locate power, gas, water and fibre within centimetres. For UK civil and utilities engineers, the argument is for statutory data standards, interoperable mapping and routine pre-excavation scanning to cut strikes, delays and near-miss incidents.
Scottish Hydro Electric Transmission has launched a £7.4bn multi-lot framework covering civil engineering, buildings, overhead line (OHL) and underground cable (UGC) works across its Scottish transmission network investment programme. The framework will bundle large substation platforms, foundations, access roads and control buildings with new high-voltage OHL routes and UGC sections to support grid reinforcement and connection of new generation. Contractors can expect long-duration workbanks, complex geotechnical conditions in upland and coastal corridors, and tight delivery interfaces between civils, structural and electrical packages.
East West Rail Company has started preliminary market engagement for a long-term programme assurance partner contract valued at up to £300M to support delivery of the Oxford–Cambridge rail link. The consultancy role will span multi-phase design, consents and construction assurance across new and upgraded track, stations and junctions on the East West Rail corridor. Prospective bidders should expect extensive systems integration, cost and schedule risk management, and independent technical assurance for interfaces with existing Great Western, Chiltern and East Coast Main Line infrastructure.
A joint venture led by Lane, part of Italy’s Webuild Group, has secured a US$1bn (£743M) contract to build a deep tunnel beneath Pittsburgh, Pennsylvania, to cut combined sewer overflows into the Allegheny, Monongahela and Ohio rivers. The project will form a major element of the city’s long-term CSO control plan, intercepting and conveying storm-surcharged flows away from ageing riverfront sewers. Geotechnical focus will centre on deep urban tunnelling in mixed ground under existing utilities and foundations, with strict constraints on settlement and inflow control.
The UK's first electrified rail testing loop has opened at the Long Marston Rail Innovation Centre in Warwickshire, providing a 3.5km circuit for full-scale trials of rolling stock, power systems and infrastructure. The closed-loop track allows controlled testing of overhead line equipment, traction performance and braking behaviour without disrupting the mainline network. For civil and rail engineers, the facility offers a dedicated environment to validate designs, refine maintenance regimes and de-risk novel electrification and track technologies before deployment.
Tunnel excavation has been completed by Murphy on a major sewer upgrade in Eccles, Greater Manchester, forming the core of a new larger-diameter tunnelled sewer designed to cut local flood risk. The drive, constructed using trenchless methods beneath existing urban infrastructure, replaces an undersized legacy asset that has been prone to surcharge during intense rainfall. Completion of tunnelling now allows connection of lateral sewers and installation of new manholes and chambers, a critical stage before commissioning the increased-capacity network.
Commonwealth Fusion Systems has released five peer‑reviewed papers claiming to validate the plasma confinement and stability physics underpinning its compact, high‑field Arc fusion power plant concept. Arc is based on high‑temperature superconducting magnets to generate stronger magnetic fields in a smaller tokamak, targeting grid‑scale output in a footprint closer to a conventional thermal plant. For civil and infrastructure engineers, this supports planning for dense, urban‑adjacent fusion sites with nuclear‑grade containment structures but reduced land‑take compared with large fission stations.
Fortune Minerals plans to release an updated feasibility study next month for its Nico cobalt-gold-bismuth-copper project in Tłı̨chǫ territory, targeting 2027 construction on a 20-year mine producing about 8,780 t/y cobalt sulphate, 47,000 oz/y gold, 1,700 t/y bismuth products and 500 t/y copper cement. The 33.1 Mt reserve (0.11% Co, 1.03 g/t Au, 0.14% Bi, 0.04% Cu) previously carried a C$589 million capex, now estimated by the company at roughly C$1 billion, with concentrate trucked 400 km to rail at Enterprise then 1,000 km to an Alberta hydromet plant. Fortune has secured over C$17.5 million in non-dilutive funding, applied for up to $50 million for a 50-km spur road, and is leveraging bismuth supply risk after China’s export curbs pushed prices from about $7/lb to above $20/lb.
Bolivian President Rodrigo Paz’s proposed “state of exception” law, following Law 1732 and 36 days of nationwide protests with more than 90 road blockades across eight regions, injects fresh political and security risk into development of the Salar de Uyuni and other world-class lithium resources. Expanded military powers to clear transport corridors for food, fuel and medical supplies raise the prospect of violent confrontation with peasant organisations, labour unions and the Bolivian Workers’ Union. For lithium developers, OEMs and battery makers, the standoff threatens timelines and investment appetite in one of the largest yet least-developed brine provinces.
Botswana is courting sovereign wealth funding from the UAE and Oman to help buy a controlling stake in De Beers as Anglo American advances the sale of its 85% holding, having written the business down to $2.3 billion. President Duma Boko has also opened talks with Namibia and Angola, leveraging Botswana’s existing 15% De Beers stake and pre-emptive rights over Anglo’s shares. With diamonds providing about 80% of exports and roughly 25% of GDP, the move responds to price weakness, Chinese demand slowdown, lab-grown competition and a recent S&P credit downgrade.
Silver demand is set to outstrip supply for a sixth straight year, with the Silver Institute’s World Silver Survey 2026 projecting a 46.3-million oz. deficit after prices briefly spiked above US$120/oz in January from US$30/oz a year earlier. Photovoltaic silver use fell 6% in 2025 to 186.6 million oz. and is forecast to drop a further 19% to about 151 million oz. in 2026 as manufacturers adopt TOPCon cells, zero-busbar layouts and ultra-fine printing to push loadings below 5 mg/W by 2027. Analysts warn that even 10–20% thrifting and potential copper substitution cannot fully offset demand from solar, grid expansion, automotive and AI-driven power loads, so miners should plan around structurally tight silver markets rather than a simple linear link to installed PV capacity.
Tungsten producer Almonty Industries is issuing US$700 million of 2.25% senior convertible notes, convertible at US$27.40 per share with a capped call at US$41.36, to fund about US$543 million of working capital plus US$50 million of debt refinancing, causing an 18% share price drop to roughly US$17.20. The notes, offered to qualified institutional buyers and settling on 9 June 2026, include an option for a further US$100 million. Funding supports ramp-up at the Sangdong mine in South Korea, where a 640,000 t/y plant targets 2,300 t/y tungsten concentrate, with Phase 2 aiming for 1.2 Mt/y and 4,600 t/y output.
Central banks returned to net gold buying in April, adding 17 tonnes to reserves after March’s net sales, with bullion trading near record highs at about $4,390/oz, according to the World Gold Council. Poland and China led purchases with 14 tonnes and 8 tonnes respectively, while the Czech Republic added 3 tonnes in its 38th consecutive monthly buy and Russia and Uzbekistan sold 6 tonnes and 1 tonne. Emerging-market banks in Eastern Europe and Asia have averaged 29 tonnes of net monthly purchases over the past three years, signalling persistent official-sector demand for mined gold.
Gold fell as much as 3.5% to $4,315/oz, its lowest since March, erasing 2026 gains after a strong US May nonfarm payrolls print pushed Treasury yields and the dollar higher and lifted Fed rate hike odds. US gold futures dropped over 3.2% to $4,342/oz, with CME FedWatch now pricing about a 68% chance of a December hike versus roughly 50% pre-data. Since the Iran war began and the Strait of Hormuz closure drove energy prices up, bullion has slid nearly 18%, raising the cost of carry for non-yielding gold.
US Ambassador Pete Hoekstra is urging Canada to act as a core US partner on critical minerals, energy and defence, framing a North American “economic fortress” built on Canadian resource endowment and mining expertise, including experience working with Indigenous communities. He cited existing integration such as 3–4 million barrels of oil per day moving from Alberta to the US, growing Quebec–US power interconnections, and Davie Shipbuilding’s expansion into Finland and Texas as models for cross-border industrial projects. Hoekstra warned that Washington is already backing billions of dollars in critical minerals deals with allies like Australia and “is not waiting” if Ottawa hesitates to join US-led frameworks.
Calgary-based Litus has signed a 25 May memorandum of understanding with Taiwan’s UWin Nanotech to jointly develop selective extraction, separation, recovery and purification flowsheets for cobalt, lithium, nickel and other elements from battery recycling and other secondary sources. The collaboration will combine Litus’ LiNC one-step direct lithium extraction platform for low- and high-concentration brines and its ReLiGN battery recycling process with UWin’s hydrometallurgical systems used in Apple-certified e‑waste and Li-ion recycling. Engineers should watch for integrated nanomaterial–hydromet circuits targeting both critical minerals and rare earth elements in circular supply chains.
MMD used The Electric Mine 2026 conference in Lisbon to detail its acquisition of global rights to an intelligent material handling system designed to integrate in-pit crushing, conveying and truck haulage. The company is positioning the technology for fully mobile and semi-mobile IPCC layouts, targeting higher throughput and lower energy use than conventional truck-only haulage, particularly in deep open pits. For mine planners and geotechnical teams, the approach implies earlier commitment to fixed crusher locations, re-profiled ramp geometries and tighter control of bench stability around conveyor corridors.
PLS has commissioned Australia’s first mine-site lithium mid-stream processing facility at its Pilgangoora Operation in Western Australia, with Premier Roger Cook officiating the opening, marking a shift from exporting raw spodumene concentrate towards higher-value battery materials. The Mid-Stream Demonstration Plant is integrated directly with the existing open-pit and concentrator complex, enabling on-site conversion steps that are normally performed at distant chemical refineries. For mine planners and process engineers, this signals growing interest in co-locating beneficiation and mid-stream refining to cut logistics, reduce intermediate handling and tighten quality control.
Boton is deepening conveyor technology collaboration with BHP and Hancock Iron Ore, hosting senior delegations at its Wuxi headquarters to review performance of its high-wear belt materials and advanced splice designs on large iron ore overland systems. Discussions reportedly centred on extending belt life in abrasive Pilbara ores, optimising idler spacing and troughing angles for higher tonne-per-hour capacities, and integrating condition monitoring for early detection of misalignment and shell wear. For mine operators, the work signals continued incremental gains in conveyor availability and reduced maintenance shutdown frequency on long-haul ore routes.
Weichai-controlled LOVOL Heavy Industry has delivered its first FR2000F hydraulic mining excavator, a 212 t class machine, to an open-pit mine customer in China. The FR2000F is powered by a Weichai 12M33 low-speed, high-torque, fully electronically controlled engine with quad-turbocharging and an advanced modular design, aimed at high-load, continuous mining duty. The 200 t class size positions it for pairing with ultra-class haul trucks, potentially altering fleet configurations and loading cycle times on large benches.