Canadian miner Resouro Strategic Metals is seeking funds to accelerate the development of its rare earth and titanium projects in Brazil, with the initial investment estimated at $160 million. The company plans to issue 8 million common shares through a private placement, aiming to raise C$2 million (approximately $1.4 million). The company said in a statement, "Resouro will use the proceeds for a pre-feasibility study, the urgent development of the Tiros rare earth and titanium project in Minas Gerais, and general working capital expenditures." Recently, Resouro completed a preliminary economic assessment of the Tiros project, estimating the initial construction investment at approximately $160 million. The company's projections indicate that the project is expected to process 500,000 mt of ore annually over its 20-year operational life.

The US has surpassed Europe in investment in critical minerals, leaving the latter struggling to shake off its dependence. Citing analysis by the French Institute of International Relations, WSJ reports that over the past five years, the US has invested about $46 billion in critical raw material projects through grants, loans, and tax incentives—eight times the amount invested by the EU. The US is also negotiating prioritized development of mineral resources in countries such as the Democratic Republic of the Congo and Ukraine, while supporting overseas projects through financing plans. WSJ says the US’s aggressive strategy has disrupted Europe’s plans. To secure a loan from the US Export-Import Bank, Pensana, a London-based rare earth developer working on the Longonjo project in Angola, has already moved a processing plant originally planned to be built in the UK to the US.

2026 is the first year of the 15th Five-Year Plan. Against a backdrop of intensifying global macro volatility and deepening high-quality development in China, the zinc industry is undergoing profound changes: mine-side tightness and the release of smelting capacity create structural tension, domestic and overseas inventory divergence reflects the complex situation of supply-demand rebalancing, and technological innovation is becoming a key driving force to resolve contradictions and reshape the pattern. New energy, new-type infrastructure, and other key areas under the 15th Five-Year Plan are injecting new momentum into traditional zinc consumption, while green, low-carbon, and circular economy models are also accelerating the restructuring of the industrial logic driven by technological innovation. With the collective support of upstream and downstream enterprises in the zinc industry, industry associations, and related parties, the 2026 SMM Zinc Conference and the 8th Hot-Dip Galvanizing Industry Development and Technology Innovation Forum, the 14th Zinc Salt, Zinc Oxide and Zinc Secondary Resources Development Forum, and the Die-Cast Zinc Alloy Development Forum will be held on August 6-8 in Qingdao, Shandong. With the theme of “Harnessing Zinc Momentum, Building the Zinc Industry, Embarking on a New Journey,” the conference is driven by macro perspectives and fundamental analysis, closely follows the main theme of high-quality development under the 15th Five-Year Plan, focuses on the four dimensions of macro policies, supply-demand pattern, global trade, and technological innovation, drives cost reduction and efficiency gains through technological breakthroughs, responds to market fluctuations through collaborative innovation, and jointly draws a new blueprint for the high-quality and sustainable development of the zinc industry. Jiangsu Runtong Zinc Industry Co., Ltd. will make a grand appearance at this grand event, discussing industry development trends with peers and jointly propelling the zinc industry to new heights. Click to register immediately and witness and participate in this significant and far-reaching industry event, and together create a brilliant new chapter! Jiangsu Runtong Zinc Industry Co., Ltd. is a professional manufacturer of zinc oxide, with strong technical strength, complete production equipment, advanced production processes, and thorough detection methods that ensure superior quality. Main products include calcined zinc oxide, direct-process zinc oxide, active zinc oxide, indirect-process zinc oxide, etc. Procured products include low-grade zinc oxide, zinc ash (furnace ash, malleable iron ash, small parts ash, etc.), zinc slag, and zinc dross. The company's annual production is 20,000 mt for the indirect process, 15,000 mt for the direct process, and 30,000 mt for calcined products, all produced with advanced domestic processes. All product quality indicators meet or exceed national standards, with white color and good dispersibility, suitable for the rubber, magnetic, and ceramic glaze industries, and are widely praised by customers. The company strictly honors its reputation, adhering to the corporate philosophy of “Be honest in life, do your best in work, and make zinc with heart” and the business approach of “sincere cooperation, mutual benefit and win-win,” to make friends with peers worldwide. Contact Mr. Xu 136-4155-2068 No. 209 Zhongxing Road, Daduo Town, Xinghua City, Jiangsu Province Long press to scan and sign up now 2026 SMM Zinc Conference

Dr. Akbar Djohan, director of Krakatau Steel said that this collaboration will help Krakatau Steel to be a one-stop solution in the development of national advanced materials. There is a potential of IDR 66 trillion if the implementation of downstreaming and integration of several advanced steel material is happened. This collaboration not only improve the advanced steel chain, but also improve national industry to be more competitive and support Indonesia's inudstrialization target.

Barrick Mining will invest C$20.88 million (US$14.8 million) in Canadian explorer Kingfisher Metals through a non-brokered private placement, acquiring an initial 9.9% equity stake that could increase to 14.1% if all warrants are exercised. Barrick will subscribe for 15.47 million units at C$1.35 per unit, with each unit consisting of one common share and one-half warrant. At least 80% of the proceeds will be used to advance exploration and development at Kingfisher's HWY 37 copper-gold project in British Columbia's Golden Triangle, with the remaining funds allocated to working capital and general corporate purposes. Following the financing, Kingfisher expects to hold approximately C$47 million in cash to accelerate exploration at its Hank porphyry discovery and across its broader land package. Barrick said the investment is strategic and that it may adjust its ownership position depending on market conditions.

Korea’s domestic NEV sales rose 22.1% month on month to 93,722 units in June, while combined BEV, HEV and PHEV exports increased 23.3% to 102,551 units. HEVs accounted for about 78% of incremental growth in both markets. BEV volumes also posted double-digit gains, but their share declined as HEVs expanded faster, highlighting a gap between overall vehicle-market recovery and the pace of BEV-led electrification.