Core Viewpoint - A fire at Eramet Grande Côte's Wet Concentration Plant has led to a production shutdown and the declaration of force majeure, impacting operations significantly and suspending production guidance for 2026 [1][3][9]. Group 1: Incident Details - The fire occurred on February 22, 2026, and was contained by the same evening, with no reported casualties [9]. - The fire was confined to the first stage of the Wet Concentration Plant, while the second stage and the Mineral Separation Plant were unaffected [2][3]. - The shutdown of the Wet Concentration Plant will result in a prolonged suspension of operations across the entire site, with no restart date currently determined [3][9]. Group 2: Impact on Production and Operations - The company had previously projected production of over 900 kt of Heavy Mineral Concentrate (HMC) for 2026, but this guidance has now been suspended due to the incident [5][9]. - Investigations are ongoing to determine the cause of the fire and assess the condition of the affected facilities, with updates to be provided as more information becomes available [3][10]. Group 3: Communication and Community Engagement - Eramet Grande Côte has notified affected customers and suppliers about the activation of force majeure provisions under relevant contracts [4][9]. - The company emphasizes the safety of employees and surrounding communities, implementing mechanisms for ongoing engagement and information updates with local stakeholders [8].

MONTRÉAL, Feb. 25, 2026 (GLOBE NEWSWIRE) -- NioBay Metals Inc. (“NioBay” or the “Company”) (TSX-V NBY) (OTCQB: NBYCF), is proud to provide a new resource estimate (the “2026 MRE”) for the Crevier niobium (Nb) and tantalum (Ta) project (the “Crevier Project”), which is 72.5% owned by NioBay and 27.5 % by Niobec (a subsidiary of Magris Performance Materials Inc.). The Crevier Project is located approximately 50 km north of the town of Girardville and approximately 150 km from the Niobec mine. It lies within t ...

Core Viewpoint - Noram Lithium Corp. has announced the inclusion of molybdenum as a valuable byproduct credit in its upcoming Preliminary Economic Assessment, expanding its portfolio of critical minerals [1] Group 1: Company Developments - The Project now includes multiple U.S.-designated critical minerals such as lithium, molybdenum, cesium, rubidium, and potash potential [1]

SUDBURY, Ontario, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) is pleased to announce initial Mineral Reserves for the McCreedy West Mine, located in the North Range of the Sudbury Basin, Ontario, Canada. The McCreedy West Mine Mineral Reserves and Mineral Resources (“MRMR”) estimates disclosed herein were prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Highlights Probable Mineral ...

Group 1 - Critical Reagent Processing Corp. has closed a non-brokered private placement, issuing 3,500,000 common shares at $0.0675 per share, resulting in gross proceeds of $236,250 [1][2] - The company plans to use the net proceeds from the private placement for general working capital [2] - No finder's fees were paid in connection with the private placement, and the shares are subject to a statutory hold period of four months from the closing date [2] Group 2 - Critical Reagent Processing Corp. has completed a purchase option agreement to acquire up to a 100% interest in the Mina Laguna Santa Maria project, which includes two mining concessions for sodium carbonate production [3] - The project consists of 500 hectares with a natural deposit of sodium carbonate, which is essential for lithium carbonate production [3] - The U.S. Geological Survey reported that 165,000 tonnes of soda ash were exported from the U.S. to Argentina in 2022, valued at $48 million, indicating a significant market opportunity for the company [3]

Core Insights - Greenland Resources Inc. is advancing its Malmbjerg project in Greenland, which focuses on molybdenum and magnesium production, with significant potential for supplying the EU market [1][2] Company Overview - Greenland Resources is a Canadian public company regulated by the Ontario Securities Commission, primarily focused on developing its 100% owned Climax-type primary molybdenum deposit in central east Greenland [2] - The Malmbjerg project features an environmentally friendly open-pit mine design, emphasizing reduced water usage and low ecological disturbance [2] Project Highlights - The Malmbjerg project has a capital expenditure (capex) of US$820 million, with a levered after-tax internal rate of return (IRR) of 33.8% and a payback period of 2.4 years, based on a molybdenum price of US$18 per pound [2] - Proven and probable reserves are estimated at 245 million tonnes with a grade of 0.176% MoS, equating to 571 million pounds of contained molybdenum [2] - The project is expected to produce an average of 32.8 million pounds of molybdenum annually during the first ten years, meeting approximately 25% of the EU's total yearly consumption and 100% of its defense needs [2] Market Context - The EU is the second-largest molybdenum user globally, consuming around 122 million pounds annually, which constitutes 19% of global demand [5] - Molybdenum is critical for enhancing the properties of steel and is essential for various industries, including automotive and defense, which represent about 18% of the EU's GDP [5] Strategic Importance - The Malmbjerg project is recognized as a priority EU project under the European Commission's RESourceEU initiative, highlighting its strategic importance for the EU's raw materials supply [3][4] - The project aims to supply environmentally friendly high-quality primary molybdenum from a responsible source, addressing the EU's reliance on imports, particularly from China [5] Financial and Operational Developments - The company is in discussions with the European Commission, national governments, and financial institutions regarding equity financing and grants for the project [3] - An updated letter of interest from Export Development Canada indicates potential support of up to USD$275 million for the project's development [3] - The company has secured binding long-term offtake agreements with major steel companies across Europe, ensuring price protection and stable demand [3] Future Engagements - Greenland Resources plans to present the Malmbjerg project at the BMO Capital Markets' Global Metals, Mining & Critical Minerals Conference on February 24, 2026, and during Greenland Day at the PDAC on March 2, 2026 [3]

Core Viewpoint - Hillgrove Resources and Heavy Minerals have entered into a tailings processing agreement aimed at extracting and selling garnet from the Kanmantoo tailings storage facility in South Australia, which is expected to generate income and extend the operational life of the facility [1][4]. Financial Terms - Hillgrove will receive gross revenue payments (GRPs) of 15% from garnet sales during mining operations, decreasing to 5% post-closure. Additionally, $25 per tonne will be received for out-of-specification garnet [2]. - A minimum GRP of A$720,088 (US$500,000) per annum is guaranteed, increasing to A$1 million when production reaches 100,000 tonnes per annum [2]. Initial Payments and Obligations - An initial payment of A$50,000 will be made upon agreement execution, followed by A$150,000 at the final investment decision [3]. - After Hillgrove's mining operations conclude, Heavy Minerals may utilize the tailings storage facility for further garnet extraction and will assume site rehabilitation obligations [3]. Operational Developments - Heavy Minerals will construct and operate a garnet processing plant at the Kanmantoo copper mine to recover garnet from the existing process stream [4]. - Heavy Minerals is projected to produce up to 50,000 tonnes per annum for the first three years, increasing to 100,000 tonnes per annum in the fourth year [5]. Additional Financial Support - In October 2024, Hillgrove secured a A$10 million standby debt facility with Freepoint Metals and Concentrates to enhance operations at the Kanmantoo copper mine [5].

Core Viewpoint - Greenland Resources Inc. has signed a memorandum of understanding for long-term molybdenum supply with GMH Gruppe SE & Co. KG, following the recognition of its Malmbjerg project as a priority EU project by the European Commission [1] Group 1 - The memorandum of understanding (MOU) signifies a strategic partnership aimed at securing a stable supply of molybdenum [1] - The Malmbjerg project in Greenland has been highlighted as a priority project under the European Commission's RESourceEU initiative [1] - GMH Gruppe SE & Co. KG is identified as a leading European producer in the industry, indicating the significance of this collaboration for Greenland Resources [1]

Group 1 - Critical Reagent Processing Corp. (CRPC) announces a non-brokered private placement of up to 3,500,000 common shares at a price of $0.0675 per share, aiming for gross proceeds of up to $236,250 [1][2] - The private placement is subject to approval from the Canadian Securities Exchange, and the securities will have a statutory hold period of four months from the closing date [2] - The net proceeds from the private placement will be utilized for general working capital [2] Group 2 - CRPC has completed its purchase option agreement to acquire up to a 100% interest in the Mina Laguna Santa Maria project, which includes two mining concessions for the production of sodium carbonate (soda ash) [3] - The project consists of 500 hectares with a natural deposit of sodium carbonate, which is essential for lithium carbonate production [3] - The U.S. Geological Survey reported that in 2022, 165,000 tonnes of soda ash were exported from the U.S. to Argentina, valued at $48 million, indicating a significant market for soda ash in Argentina [3] - CRPC believes that the Laguna Santa Maria Project has a competitive advantage over soda ash imports due to its location within Argentina and proximity to significant lithium carbonate production [3] - Management is currently evaluating the property and market for soda ash in Argentina, with results of a bulk sample chemical evaluation expected soon [3]

Summary of the U.S. Geological Survey's Methodology and Technical Input for the 2025 U.S. List of Critical Minerals Industry Overview - The report focuses on the mineral commodities critical to the U.S. economy, assessing the potential effects of supply chain disruptions on the U.S. economy, particularly in light of the Energy Act of 2020 [16][20]. Core Findings and Arguments - The analysis evaluates mineral commodity supply risk using two main criteria: 1. Economic effects assessment quantifying potential impacts of trade disruptions on U.S. GDP. 2. Examination of reliance on a sole domestic producer, which represents a single point of failure [16][23]. - The study assessed over 1,200 scenarios for 84 mineral commodities, revealing that disruptions could lead to a net decrease in U.S. GDP ranging from nearly $4.5 billion to an increase of $33 million, reflecting U.S. import dependency and global production concentration [16][22]. - Six mineral commodities were recommended for inclusion on the List of Critical Minerals (LCM) based on their risk assessment: - Potash - Silicon - Copper - Silver - Rhenium - Lead Two commodities, arsenic and tellurium, were recommended for removal from the LCM [17][16]. Important but Overlooked Content - The report highlights the increasing risks associated with foreign supply disruptions, particularly due to recent export controls from China on several minerals, including antimony, gallium, and germanium [19][20]. - The methodology used in this assessment represents a significant advancement over previous assessments by incorporating an economic effects model that allows for direct comparison against other economic risks and costs of risk mitigation strategies [17][22]. - The report emphasizes the importance of reliable supplies of mineral commodities for maintaining and growing the U.S. economy, given their essential role in various technologies and industries [19][20]. Conclusion - The findings underscore the critical nature of certain mineral commodities to U.S. economic security and the need for ongoing assessment and strategic planning to mitigate risks associated with supply chain disruptions [16][17].