In the news today…
Minerals:
- Newsweek reports the House began discussions this week on the annual National Defense Authorization Act (NDAA), which this year totals a record-setting cost of about $840 billion. Among the various military funding provisions outlined in the bill are orders that seek to curb U.S. interconnectedness with China and Russia.
- Mining.com reports developers of battery metals projects can win support from the US government as it seeks to counter the dominance of China in clean-technology supply chains, Energy Secretary Jennifer Granholm said.
- E&E Climatewire reports the push to achieve net-zero carbon emissions by 2050 will strain global copper supplies and threatens to push climate goals out of reach unless new supplies of the metal can be brought online quickly, according to a new report from S&P Global Inc.
Coal:
- Argus reports Illinois basin coal producer Hallador Energy is restarting operations at two mines in Indiana.
Energy:
- E&E Energywire reports power companies have traditionally made money by investing in new assets, from generating plants to power lines. Now, the utility business is trying to adapt as the energy landscape changes.