Project Vault: $12 billion plan to reduce China’s mineral hold

President Donald Trump is preparing to launch a strategic stockpile of $12 billion of crucial minerals aimed at accelerating the administration’s efforts to reduce America’s dependence on China for key raw materials. Known as Project Vault, the initiative will combine up to $10 billion in long-term financing from the U.S. Export-Import Bank (EXIM) with approximately […]

Traction Uranium announces private placement of C$500,000 in unsecured convertible notes

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES Traction Uranium Corp. (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) (the “Company” or “Traction”) is pleased to announce that it intends to complete a non-brokered private placement of unsecured convertible notes of the Company (the “Convertible Notes”) in an aggregate […]

DRC lifts Cobalt export ban: New quota system is intended to stabilize global delivery and prices

The Democratic Republic Congo (DRC) announced that it will cancel its eight -month Cobalt Export Ban on October 16 and it will replace it with annual quotas designed to stabilize global delivery and prices. Bloomberg reported That the authority of the country for the regulation and control of the markets of strategic mineral substances (Arecoms) […]