Pulsar Helium (TSXV: PLSR) has acquired 1,360 acres of surface land at its flagship Topaz project in Minnesota for $2.48 million. The transaction secures surface rights directly overlying its leased mineral rights, including the critical Jetstream #7 well site. This integrated control streamlines logistics and provides long-term operational certainty as the company advances toward production. Following a successful appraisal program where all drilled wells encountered high-pressure gas, Pulsar is now seeking quotes to drill up to four new production wells to supplement two existing production-ready sites.
May 30, 2026 23:19The U.S. Senate narrowly voted to overturn a mining ban in Minnesota, reopening the path for the Twin Metals copper-nickel project, highlighting growing emphasis on domestic critical mineral supply despite environmental concerns.
Apr 17, 2026 10:05Mesabi Metallics Company, backed by the Essar Group, announced on March 31, 2026, that it has secured a $520 million senior secured credit facility to complete its iron ore mine and pellet plant in Nashwauk, Minnesota. The project, which is in an advanced stage of development, is now on track to commence commercial operations in the third quarter of 2026. This facility is designed to produce 7 million tonnes of high-grade iron ore pellets annually, providing a critical domestic supply of feedstock for North American blast furnaces and future direct reduction plants.
Apr 1, 2026 11:58According to foreign media: Recently, Emirates Global Aluminium Spectro Alloys (EGA Spectro Alloys) signed a major contract with Presezzi Extrusion, under which the latter will supply core scrap recycling equipment for the former. This marks an important milestone in the company's ongoing efforts to advance aluminum processing technology. Since 2024, Emirates Global Aluminium (EGA) has held an 80% stake in Spectro Alloys. The company is currently further expanding its aluminum recycling capacity in Minnesota, US. In July 2025, the company completed a large-scale expansion, increasing the total annual production of secondary aluminum billets to 120 million pounds.
Feb 13, 2026 23:09Emirates Global Aluminium (EGA) announced that its expansion project at its Spectro Alloys recycling plant in Minnesota, USA, will include a metallurgical testing laboratory, providing metallographic and mechanical property testing to improve the quality of recycled aluminum. The project will add 55,000 tons of capacity, bringing the total to 165,000 tons per year, and is expected to commence operation in 2026.
Oct 30, 2025 09:45[SMM Magnesium News] Trump's new 50% steel/aluminum tariffs batter US manufacturers. Minnesota metal plants report slumping orders as aerospace/auto clients delay redesigns. Twin Cities Die Castings cites supply cost surges and flat sales, while drill bit maker Minnesota Twist Drill calls tariffs "complete havoc" for operations.
Jun 17, 2025 11:43