Cyclic Materials opened a 144,000-square-foot Mesa facility capable of processing up to 25,000 metric tons of magnet-bearing end-of-life products annually, adding a new domestic source of recycled rare earths and other industrial metals.
Smackover Lithium amended its binding Trafigura agreement to add an optional 4,000 metric tonnes per year of battery-quality lithium carbonate, bringing possible customer commitments for the South West Arkansas project to 20,000 tonnes per year. The partnership says the offtake workstream is complete while financing and a final investment decision remain pending.
Vulcan Elements was selected to supply domestically produced neodymium-iron-boron magnets for the Army's SkyFoundry initiative to manufacture small drones in Pennsylvania.
The Elmet Group signed a long-term agreement to take more than 1,000 metric tonnes of tungsten concentrate per year from Tungsten West's Hemerdon mine. The material is intended for conversion and delivery into Elmet manufacturing operations in Maine, Michigan, and Ohio.
Sunshine Silver Mining & Refining expanded its consolidated mineral-rights position in Idaho's Silver Valley by about 14,100 acres to roughly 38,000 acres and initiated a multi-year, 45,000-meter surface drilling program. Initial targets are East Sunshine, Rock Creek, and Pine Creek.