US Critical Materials to deploy AI-powered tech for rare earth exploration
With VerAI’s AI-powered targeting technology, the company intends to set new industry standards for environmentally conscious mineral exploration activities.
The agreed rules set targets for the region to mine 10% of the critical raw materials it consumes, such as lithium, and for the first time copper and nickel.
Lynas earlier this year approached a Malaysian court to review its licence after the government barred it from importing and processing lanthanide concentrate from January 2024.
New study shows a $1.1 billion drop in gold exploration budgets this year as juniors struggle to raise capital, but the precious metal still accounts for 46% of the total.
Natural Resources Canada announced projects eligible to apply for the new Critical Minerals Infrastructure Fund include clean energy and transportation projects that support critical minerals mines.