NMA Mining Minute

NMA Mining Minute 11-14-2025


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Next Wednesday, the House Select Committee on China will hold a hearing on China's Predatory Pricing, exploring How the Chinese Communist Party Manipulates Global Mineral Prices to Maintain Its Global minerals Dominance. Among those testifying will be Jonathan Evans, Chief Executive Officer of Lithium Americas. We'll certainly be tuning in.

In industry news, Ivanhoe Electric has secured a $200 million bridge loan from a syndicate of banks to support its construction of its Santa Cruz project in Arizona. The company is working to begin construction in the first half of 2026 and then begin copper cathode production in late 2028.

And we close today remembering a hero. After days of search and rescue efforts, the body of mining foreman Steve Lipscomb was recovered yesterday. Lipscomb, who was also a Marine Corps veteran, became trapped Saturday, after his crew made contacted with an unknown water pocket, flooding the area where the team was working. He was last seen ensuring that every member of his crew made it out safely. Our thoughts and prayers are with his family.

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NMA Mining MinuteBy National Mining Association