Category: Minerals & Energy

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China spent $120B to lock down critical minerals overseas: report

China has invested more than $120 billion in overseas mining and upstream processing since 2023, accelerating a state-backed push to secure the raw materials underpinning the global energy transition, says Australian think tank Climate Energy Finance (CEF). A study published last week reveals that China’s spending targeted a wide range of commodities — including lithium, …

Ghana: MIIF collects historic GH¢5.43bn in mineral royalties

The Minerals Income Investment Fund (MIIF) recorded exceptional performance in mineral royalty collections during the 2025 financial year. New data showed that total royalty receipts reached a record GH₵5.43 billion, representing a 10.8% increase from the GH₵4.90 billion recorded in 2024. The landmark achievement marks the highest royalty collection since the Fund’s inception and underscores …

Ghanaian pension funds invest US$11M in Atlantic Lithium’s Ewoyaa project

Atlantic Lithium Limited , the Africa-focused lithium exploration company, has secured funding of up to US$16.4 million to advance its flagship Ewoyaa Lithium Project in Ghana, the country’s first planned lithium mine. The funding comprises a strategic investment of up to US$11.0 million from Ghanaian pension funds, facilitated by IC Asset Managers Ghana Ltd , …

US ties Zambia health funding to strategic minerals

The Trump administration has linked discussions over HIV/AIDS funding for Zambia with broader talks surrounding the African nation’s mining sector, underscoring how the critical minerals race can be intertwined with foreign aid, according to a report by the New York Times. The issue centers on a proposed $1.5 billion US health aid package intended to …

Ghana:Minerals Commission raises alarm over fake officials and scam emails

The Minerals Commission has issued a public warning over the circulation of fraudulent emails and communications by individuals impersonating its officials. According to the Commission, the impersonators are using unofficial email addresses and digital platforms to contact members of the public, investors, and companies under the pretext of facilitating mineral licences, permits, registrations, payments, and …

US launches $500M initiative to bolster critical minerals supply chain

The United States Department of Energy (DOE) has announced a $500 million funding opportunity aimed at expanding domestic processing of critical minerals and boosting battery manufacturing and recycling capacity. The funding, unveiled by the DOE’s Office of Critical Minerals and Energy Innovation, will support demonstration and commercial projects focused on processing raw materials, recycling battery …