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US to back $1.6bn USA Rare Earth funding, shares jump

USA Rare Earth said on Monday that the Trump administration would back a $1.6-billion debt-and-equity funding package to help it build a Texas mine and magnet facility to supply the defense and high-tech sectors. Reuters reported over the weekend that the US...

Sandvik gets a boost from safe-haven gold boom

Swedish mining equipment and metal-cutting tool maker Sandvik reported slightly larger-than-expected fourth-quarter core profit on Tuesday and proposed a higher dividend, after mining activity and commodity prices increased demand. Operating profit before amortisation...

Yancoal roars into 2026 with record coal output

Yancoal has smashed 2025 production records, boosting coal sales and piling its cash balance to over $2 billion. The company’s quarterly report for the period ending December 31, 2025 showed run-of-mine (ROM) coal production of 18.9 million tonnes (Mt) on a 100 per...