Corporate & Deals

Chevron will invest more than $7 billion over five years through its Venezuela joint ventures to double production to about 600,000 barrels per day. The plan adds two new Carabobo fields in the Orinoco Belt adjacent to existing operations with costs below $20 per barrel. The move follows U.S. policy shifts and signals renewed Western investment in the country's oil sector. Read →

Chevron announced agreements to expand Petroindependencia JV operations and develop new Orinoco Belt acreage, targeting 600,000 bpd within five years. Enhanced fiscal and legal terms protect the investment amid broader U.S.-backed revival efforts. Other firms including Eni also signed expansion pacts in the same Caracas ceremony. Read →

Diversified Energy agreed to acquire Birch Permian Holdings for about $1.8 billion, adding 68,000 boe/d and 480 net wells in the Permian. The deal, funded largely via Carlyle-backed securitization, boosts production 35% and adjusted EBITDA 55%. Diversified also expanded its Carlyle partnership to pursue up to $10 billion in future acquisitions. Read →

Comstock Resources signed a letter of intent to sell minority interests in Legacy and Western Haynesville assets plus midstream to Azerbaijan's SOCAR for $1.65 billion cash. Proceeds will cut net debt from $3.1 billion to $1.5 billion. A separate Jones family partnership will fund $450 million of near-term drilling on 27 wells. Read →

TotalEnergies completed its acquisition of a 40% operated interest in PEL83 from Galp, taking operatorship of the giant Mopane oil discovery. It simultaneously swapped interests in Venus and PEL91 blocks. The company plans a three-well appraisal campaign starting second-half 2026 toward a potential 2028 FID. Read →

Chevron committed over $7 billion over five years via joint ventures with PDVSA to more than double its Venezuelan oil output to 600,000 barrels per day by around 2031, adding Carabobo-region fields in the Orinoco Belt. The move, alongside Eni and other deals signed in Caracas with US Energy Secretary Chris Wright present, advances the Trump administration's push to boost Western supply and cut costs below $20 per barrel. It marks the largest recent US major commitment in the country since leadership change. Read →

TotalEnergies completed its acquisition of a 40% operated interest in Namibia's PEL83 license from Galp, assuming operatorship of the giant Mopane oil discovery alongside partners Galp (40%), Namcor (10%) and Custos (10%). In exchange, Galp takes stakes in TotalEnergies-operated PEL56 (Venus) and PEL91. The company will carry 50% of Galp's capex on Mopane exploration, appraisal and initial development, with a three-well campaign planned starting 2026 to de-risk toward potential development. Read →

Comstock Resources signed a letter of intent for Azerbaijan's SOCAR to acquire a 20% non-operated interest in its Legacy Haynesville assets, a 15% interest in Western Haynesville assets (reducing to 7.5% after five years and 15% ROI), and 15% of its midstream stake in Pinnacle Gas Services for $1.65 billion cash. The deal, targeted to close by year-end, will cut Comstock's pro forma net debt from $3.1 billion to $1.5 billion and fund further Western Haynesville development serving LNG and power demand. Comstock retains operatorship. Read →

BP appointed Ian Tyler, former Balfour Beatty CEO and non-executive director since April 2025, as permanent chairman effective immediately after his interim role since May. The move follows the May ouster of predecessor Albert Manifold and cements CEO Meg O'Neill's leadership as she refocuses the company on oil and gas, portfolio simplification and balance-sheet strength. Senior Independent Director Amanda Blanc will step down after the 2027 AGM once a successor is named. Read →

Comstock Resources agreed to sell 20% of its Legacy Haynesville upstream assets, 15% of Western Haynesville assets (reverting to 7.5% after five years and 15% ROI) and 15% of Pinnacle Gas Services midstream to SOCAR for $1.65 billion cash. The deal, targeted to close by year-end, cuts pro forma net debt to $1.5 billion from $3.1 billion as of June 30 and gives SOCAR future project participation plus international marketing access for Comstock gas. It underscores foreign capital inflows into U.S. natural gas assets amid strong demand. Read →

Shell agreed to buy the remaining 67% stake in U.S. convenience store and fuel distributor Tri Star Energy from Parman Corporation and Kimbro Oil, lifting its ownership to 100% from 33%. The deal adds 320 company-owned fuel and convenience sites in Tennessee and nearby states plus supply agreements for 552 dealer sites, with closure expected by year-end. It advances Shell’s strategy to expand high-margin company-owned retail in key U.S. markets. Read →

DNO agreed to acquire Capricorn Energy for $396 million in cash, offering $5.214 per share and outbidding Genel Energy’s prior $360 million bid. Capricorn’s board withdrew support for Genel and recommends the DNO deal, which gives DNO entry into Egypt alongside its Kurdistan and North Sea operations. Completion is expected in Q4 2026 or Q1 2027, subject to approvals. Read →

Sasol reported headline earnings per share of R38.31 for the year ended June 30, up 9% year-over-year, with adjusted EBITDA rising 17% to R60.7 billion. Higher Brent crude prices, 4% volume growth and doubled refining margins drove the fuels segment EBIT above R19.9 billion, while net debt fell 11% to $3.3 billion. The results reflect stronger operational performance at Secunda and Natref despite impairments. Read →

Chesapeake Utilities sold a 49% stake in its $1.2 billion Florida Energy Pathway natural gas transmission project to NextEra Energy Resources, retaining 51% and operational control. The 24-inch intrastate pipeline from Palm Beach to Miami-Dade counties targets nearly 250,000 dekatherms per day of firm commitments, with construction slated for 2028 and service in 2030. The JV addresses South Florida supply constraints and growing demand. Read →

ONEOK agreed to acquire Brazos Midstream’s Permian Midland Basin natural gas gathering and processing assets for about $4.43 billion. The deal more than doubles ONEOK’s processing capacity in the region to nearly 2.3 bcf/d once the Cassidy II plant completes. It is funded by a $9 billion Apollo minority equity investment and is expected to be immediately accretive to earnings and free cash flow. Read →

SLB will buy thermal management firm Kelvion from Apollo and Triton funds for $3.4 billion cash plus $700 million assumed debt. The deal expands SLB’s data center solutions amid AI-driven cooling demand and is expected to be accretive to EPS and FCF. Combined operations target $4.5-5 billion revenue and $700-800 million EBITDA by 2028. Read →

TotalEnergies completed the transfer of its 10% stake in the sanctioned Arctic LNG 2 project to NordLine, a Novatek subsidiary. The company retains rights to reimbursement of about $1.3 billion in shareholder loans, subject to sanctions. The exit follows the 2022 impairment and ends TotalEnergies’ ownership in the Russian LNG facility. Read →

ONEOK will acquire Brazos Midstream’s Permian Midland Basin natural gas gathering and processing assets for $4.43 billion. Apollo funds provide a $9 billion nonvoting minority equity stake to fund the purchase and repay about $5 billion of debt. The assets include 700 miles of gathering lines and 1.2 bcf/d processing capacity supported by long-term contracts. Read →

SLB agreed to acquire Kelvion, a German thermal management company, for $4.1 billion including debt. The purchase strengthens SLB’s growing data center infrastructure business amid surging AI power and cooling needs. The deal is expected to close in the first half of 2027. Read →

ONEOK agreed to acquire Brazos Midstream's Permian Midland Basin natural gas gathering and processing assets for $4.425 billion in cash. The deal more than doubles ONEOK's processing capacity in the region to 2.3 Bcf/d and is funded partly by a $9 billion nonvoting minority equity investment from Apollo, with $5 billion used to reduce debt. It is expected to close in Q4 2026 and be immediately accretive to earnings and free cash flow. Read →

Swedish miner Boliden agreed to acquire Votorantim's 64.68% controlling stake in zinc and silver producer Nexa Resources for about $1.31 billion in an all-share deal. Votorantim will receive 21.4 million new Boliden shares, becoming a 7% shareholder, while Boliden will launch a tender offer for remaining Nexa shares. The transaction creates geographic diversification with Latin American assets and is expected to close in Q1 2027. Read →

Enbridge agreed to form a joint venture with KKR and Apollo to invest C$2.7 billion ($1.95 billion) in expansions of its Westcoast natural gas pipeline system in British Columbia. KKR and Apollo will fund the Aspen Point and Sunrise projects and receive a 29% noncontrolling stake, while Enbridge gets C$700 million cash upfront and retains majority ownership and control. The expansions add 835 mmcf/d capacity and are backed by long-term contracts. Read →

Swedish miner Boliden agreed to acquire Votorantim's 64.68% controlling stake in Brazilian zinc and silver producer Nexa Resources for $1.31 billion in newly issued shares, implying a $15.29 per share price and 14% premium. The deal expands Boliden's global zinc footprint with Latin American mines and smelters, creating 12 mines and eight smelters across Europe and South America; Votorantim will hold 7% of Boliden post-deal and Boliden will launch a tender for remaining shares. Closing is expected in Q1 2027 subject to approvals. Read →

Gas producer Energean is in exclusive negotiations to acquire BP stakes in Egypt's producing West Nile Delta assets (with Harbour) and 50% interest in the Temsah concession for a deal potentially worth $1 billion. BP would retain Arcius JV assets including Zohr; the move supports BP's portfolio simplification while Energean expands beyond Israel. Temsah includes a recent 2 tcf gas discovery with FID targeted soon. Read →

Ovintiv completed over 60 smaller 'ground game' transactions totaling $460 million YTD, adding 41,000 net acres and 240 net 10k-ft equivalent drilling locations (190 base, 50 upside) in Permian Midland and liquids-rich Montney Alberta oil window. Permian portion: 21k acres/120 locations for $230M; Montney: 20k acres/120 locations for $230M at $11k/acre. Combined with organic adds, total 2026 inventory growth reaches 500 locations; remaining deals expected to close by year-end. Read →

CNOOC reported record first-half net profit of 85.8 billion yuan ($12.9B), up 23.4% YoY, on 20% higher oil/gas sales revenue and 3.7% production growth to 398.7 million boe. Realized oil price rose 23.6% to $85.49/bbl amid Iran-related price strength while net production hit records domestically and overseas; company maintained full-year targets and declared record interim dividend of HK$0.94/share. Read →

Gunvor is in early talks to acquire natural gas-producing assets in Texas and Louisiana's Haynesville shale from Silver Hill Energy Partners for $1.2-1.5 billion. Western Natural would operate the assets if completed, marking Gunvor's push to build integrated US shale gas production and marketing amid expected demand growth from data centers and LNG exports. Read →

Enbridge agreed to acquire Salt Creek Midstream's crude oil gathering business in the Delaware Basin for $600 million cash. The deal adds 500 miles of infrastructure with 420,000 bpd throughput and 350,000 barrels storage, linking Permian output directly to Enbridge's Ingleside export terminal and expected to be immediately accretive to earnings. Read →

Suncor announced Peter Zebedee, current EVP upstream, will become president and CEO in April 2027 as Rich Kruger transitions to executive vice chair. Zebedee will also serve as CFO from mid-September, following the departure of prior CFO Troy Little, as part of planned leadership succession. Read →

Williams agreed to acquire Momentum Midstream from EnCap Flatrock for up to $5.5 billion ($3.5B cash/debt plus $2B equity). The deal expands Williams' Haynesville gathering and processing network to serve Gulf Coast LNG and power demand with long-term contracts. Read →

Woodside Energy posted H1 2026 net profit of $1.67 billion, up 27% year-over-year, with operating revenue up 13% to $7.45 billion on a 19% higher average realized price of $74/boe. Production fell 13% to 86.5 million boe due to maintenance and divestments, but the company set an annual $350 million cost savings target from 2028 and declared a 57-cent interim dividend. It also agreed to sell its Calypso gas project stake to BP. Read →

Woodside Energy launched a strategic review of its Beaumont New Ammonia facility in Texas, acquired for $2.35 billion in 2024, with CEO Liz Westcott saying everything is on the table including a potential sale. The review follows weaker-than-expected demand for lower-carbon ammonia and shifts in global policy since the 2024 acquisition decision. The plant produced its first ammonia in December 2025 and targets blue ammonia output in 2027. Read →

Comet Ridge completed acquisition of Santos' 42.86% interest in the Mahalo Gas Project, gaining 100% ownership and operatorship of the Mahalo Gas Hub in Queensland. It paid A$24.42 million cash plus 83.78 million shares upfront, with up to A$30 million contingent on production milestones. The deal gives Comet Ridge full control over development timing, funding and offtake for 361 PJ of 2P reserves plus contingent resources. Read →

Gold Fields reported H1 2026 headline earnings of $1.855 billion, up 81% year-over-year, driven by 12% higher attributable gold-equivalent production to 1.267 million ounces and a 51% jump in average realized gold price. The South African miner declared a higher interim dividend and expanded its shareholder returns program by an additional $500 million to $1.25 billion total via dividends and buybacks. Read →

Woodside Energy reported first-half net income of $1.7 billion, up 27% year-over-year, beating estimates. Higher realized oil and LNG prices from Middle East supply disruptions offset a 13% production decline to 86.5 million boe and ramp-up spending on Louisiana LNG. The result underscores resilience in Australian LNG and oil amid volatile energy markets. Read →

Comet Ridge completed the acquisition of Santos' 42.86% stake in the Mahalo Gas Project, gaining 100% ownership and operatorship of the Mahalo Gas Hub in Queensland. It paid A$24.42 million cash plus shares, with up to A$30 million contingent on production milestones. Full control enables faster FID and development of 361 PJ 2P reserves plus 676 PJ resources for east coast Australian gas markets. Read →

Shell has attracted bids from ExxonMobil, LyondellBasell, Apollo and Kuwait Petroleum for its U.S. chemical assets valued at up to $8 billion. The move aligns with Shell's strategy to divest underperforming plants and refocus on core operations. A sale would mark a major corporate portfolio shift in petrochemicals. Read →

Ampol reported underlying net profit after tax of A$857.2 million for the first half, up nearly five-fold year-on-year. Record earnings stemmed from sharply higher refining margins and trading gains amid Middle East supply disruptions. Statutory net profit reached A$1.36 billion versus a prior-year loss. Read →

Sinopec posted net profit of 25.63 billion yuan for the first half, a 19.3% year-on-year increase. Growth occurred despite the Iran conflict and weaker domestic fuel demand, though the firm recorded a 16 billion yuan inventory write-down. Results were filed Sunday at the Shanghai Stock Exchange. Read →

Norwegian Energy Minister Terje Aasland stated the country will develop Barents Sea oil and gas resources irrespective of EU policy on Arctic drilling. Norway aims to maintain steady petroleum output through at least 2035. The comments come as the EU considers its stance on new Arctic hydrocarbon projects. Read →

Ecopetrol completed its $1.2 billion acquisition of a 51% controlling stake in Brazilian producer Brava Energia via tender offer and share purchase. Brava averaged 78,800 boed production in H1 2026 with 459 MMboe proved reserves. The deal expands Ecopetrol's upstream footprint in Brazil and adds immediate production and reserves at $8.40/boe for proved reserves. Read →

Phillips 66, Kinder Morgan and HF Sinclair took final investment decision on the $5 billion Western Gateway refined products pipeline system with 230,000 b/d initial capacity. Phillips 66 holds 49.9% and will build/operate the Borger-to-Phoenix segment; target completion is 2029 subject to permits. The project links Gulf Coast and Midcontinent supply to Arizona and California markets amid planned refinery closures. Read →

Venezuela's oil minister announced contracts with SLB for reservoir studies and rig reactivation services plus a production participation agreement with Hunt Oil for the Caro and Carisito fields. The deals aim to attract investment and raise output from the country's underdeveloped reserves. Hunt's agreement marks one of the first concrete production pacts under the renewed push for foreign participation. Read →

ConocoPhillips announced Ryan Lance will retire as CEO after 14 years effective Sept. 1, with CFO Andy O’Brien succeeding him; Lance becomes executive chair and Konnie Haynes-Welsh becomes CFO. The transition follows strong quarterly results and asset sales. O’Brien inherits a portfolio focused on Alaska and Permian growth plus a $7 billion free cash flow commitment. Read →

Glencore, Anglo American and Rio Tinto executives said antitrust and national-interest reviews are intensifying for copper and critical-minerals deals but remain surmountable. They noted longer timelines of 12-18 months yet stressed valuation and shareholder issues outweigh regulatory barriers. The comments followed half-year results and signal continued M&A appetite. Read →

The US is considering cutting tariffs on Canadian steel and aluminum from 50% to 25% and auto duties from 25% to 15% as part of a trade framework. The changes aim to unlock a broader deal ahead of a Friday deadline. Lower levies would ease costs for metals producers and downstream industries. Read →

Coal India is registering its first overseas trading office in Singapore to diversify into iron ore, lithium and other critical minerals. The hub will support asset acquisitions in Chile, Africa, Canada and Australia. The move follows its recent iron-ore block win and lithium-asset interest in Chile. Read →

Deere & Company will release fiscal Q3 2026 results and host an earnings call at 9 a.m. CT today. Analysts expect EPS near $4.79 on revenue of about $10.78 billion. The ag-equipment maker's print will highlight production agriculture and construction segment performance. Read →

Equinor agreed to acquire a 17.4% interest in Chevron subsidiary Harmattan Energy's PEL 90 licence in Namibia's Orange Basin. The deal gives Equinor its first entry into Namibia and access to a drill-ready prospect with testing scheduled for 2026. Value was not disclosed. Read →

Earnings for supertankers on the Persian Gulf-to-Asia route neared a two-month high of $510,000 per day as exporters seek more vessels amid Strait of Hormuz uncertainty. A VLCC fixture loaded crude for east Asia at $31 million per voyage. Rates reflect heightened demand and security risks from Iran-related tensions. Read →

ExxonMobil, on behalf of Area 4 partners, awarded $1.1 billion in pre-investment contracts for upstream equipment including subsea systems for the Rovuma LNG Phase 1 project. The awards advance the long-delayed development in Mozambique's Cabo Delgado toward final investment decision. Partners include ENH, CNPC, Eni, KOGAS and XRG. Read →

NexGen Energy confirmed regular technical talks with BHP about its Rook I uranium project in Saskatchewan's Athabasca basin as it seeks $1 billion in financing. The company began construction last week with production targeted for 2030. BHP, already a uranium byproduct producer, has bought nearby land and seeks stable-country exposure. Read →

Chevron's 105-4X well in Block 0 encountered a more than 600-meter oil and gas condensate column with over 90 meters net pay in high-quality reservoir. The find supports tie-back development to existing facilities as part of Chevron's Sub-Saharan Africa exploration push. Block 0 is operated by Cabinda Gulf Oil Company with partners Sonangol, TotalEnergies and Azule Energy. Read →

WhiteWater and partners Devon Energy, MPLX, Diamondback Energy and Western Midstream reached final investment decision on two natural gas pipelines from the Permian Basin to Katy, Texas. Initial capacity targets 2.25 Bcf/d with service expected late 2029. The project addresses growing Permian production and midstream needs. Read →

Alcoa of Australia signed a binding 10-year gas sales agreement with Equus Energy for 50 TJ/d of gas from the Equus offshore project in Western Australia. The deal supplies about 182 PJ total and positions Alcoa as foundation customer, advancing the project with potential $30 million funding. It secures long-term natural gas for Alcoa's aluminum operations in a key producing region. Read →

a2 Milk reported FY26 net profit of NZ$113.6 million, down 44% and below consensus, due to supply-chain issues in its China-label infant formula business. Revenue from China-label sales fell 14% to NZ$544.3 million. The firm guided FY27 revenue growth to mid-single digits and shares dropped over 10%. Read →

Franco-Nevada reported Q2 revenue of $580.9 million, up 57%, and sold 132,405 GEOs, up 18%, driven by higher precious metal and oil prices plus new assets. Adjusted EBITDA reached $529.7 million, up 45%, and net income $354 million, up 43%. The royalty firm tracks toward the upper half of annual guidance. Read →

Kimbell Royalty reported record Q2 oil, natural gas and NGL revenues of $103 million along with record net income and adjusted EBITDA. The company approved a $0.47 per unit distribution payable August 24 and plans to use remaining cash to repay debt. Record lease bonus income contributed to results. Read →

TMC the metals company reported a Q2 2026 net loss of $60.1 million ($0.14 per share) on $20.1 million cash used in operations, with liquidity at $143 million. The firm progressed U.S. government funding processes for nodule processing/refining capacity, signed an MSA with Mariana Minerals for a Texas industry park at Port of Brownsville, and advanced NOAA permit applications for USA-A and USA-B areas holding over 1.6 billion tonnes of polymetallic nodules. Partnerships with Allseas and Eco Minerals support offshore collection system development targeted for 2027 commissioning. Read →

Magna Mining reported record Q2 2026 results from its McCreedy West mine in Sudbury, processing 98,446 tons at 3.34% CuEq grade for 4.5 million CuEq payable pounds. The company achieved record cash margin of $8.9 million CAD, positive free cash flow of $5.1 million CAD, and lowered costs, while on track for full-year guidance of 16-18 million CuEq payable pounds. It also announced a planned strategic investment by Alpayana and a CFO transition. Read →

Grit Metals appointed Jake Clark, previously VP Exploration, as CEO and director effective immediately, with Jeremy Poirier moving to Chairman. The change positions the company for its next phase of lithium-cesium-tantalum pegmatite exploration in Finland. Read →

Xtra-Gold Resources reported Q2 2026 net income of $1.2 million, contributing to over $2.4 million for the first half, with total assets of $20.6 million in cash, securities, and gold inventory and zero debt. The company highlighted ongoing drilling at its Kibi Gold Project in Ghana to expand resources. Read →

Australia's Origin Energy reported full-year underlying profit of A$1.16 billion, slightly above the A$1.14 billion consensus, with energy markets segment earnings rising 21% to A$1.70 billion from higher electricity prices and volumes. Integrated gas earnings fell 26% due to lower LNG production and prices at the APLNG project. The company declared a final dividend of 30 Australian cents per share. Read →

Titan Mining reported Q2 revenue of $25.7 million, up 57% year-over-year, and adjusted EBITDA of $9.6 million, up 272%, driven by higher zinc production of 17.5 million pounds and stronger prices. Net income reached $5.4 million as cash costs fell and the company advanced its Kilbourne graphite project with new customer agreements. Read →

WhiteHawk Minerals signed nine natural gas mineral and royalty acquisitions totaling $111.8 million in Appalachia and Haynesville since its June IPO. Q2 net production rose 57% to 70 MMcfe/d with revenue of $29.1 million and adjusted EBITDA of $20.7 million; the company initiated a $0.50 quarterly dividend. Read →

Pan American Silver posted Q2 revenue of $1.124 billion and net earnings of $305 million, or $0.72 per share, with attributable revenue of $1.3 billion including its Juanicipio stake. Attributable silver production reached 6.5 million ounces at the high end of guidance amid strong metal prices. Read →

YPF increased its 2026 investment plan to up to $6.2 billion from $5.8 billion. CEO Horacio Marin cited higher oil prices and strong Vaca Muerta shale performance for lifting EBITDA guidance to $8 billion from $6 billion. Q2 net profit reached $1.21 billion. Read →

Uniper CEO Michael Lewis said European gas prices will stay at €50-60/MWh while the Strait of Hormuz remains closed. The outlook followed Uniper's first-half results and reflects Iran-related supply risks and low storage levels. Lewis called the prices damaging for customers and industry. Read →

AGL Energy forecast stronger-than-expected 2027 earnings, citing lower operating costs and growth in its battery portfolio offsetting softer wholesale power prices. The Australian power producer released full-year FY26 results on August 12. Read →

Barrick and Newmont agreed to contribute excluded properties including Barrick’s Fourmile and Newmont’s Fiberline and Mike into the Nevada Gold Mines joint venture. Newmont will pay Barrick $1.95 billion in cash and consented to Barrick’s planned IPO of its North American gold assets. The deal resolves all outstanding governance disputes from the 2019 JV and positions both firms to maximize JV value. Read →

Barrick and Newmont reached an agreement to contribute excluded properties into Nevada Gold Mines and modernize the JV agreement with enhanced governance. Newmont will pay $1.95 billion to Barrick for the contributions and consented to Barrick’s North American gold assets IPO. The pact ends all disputes related to the JV. Read →

BP agreed to sell a 20% interest in the Venezuelan portion of the Cocuina-Manakin natural gas field to Trinidad and Tobago’s NGC. The cross-border field holds 1 trillion cubic feet of reserves; most output targets Atlantic LNG amid Trinidad supply shortages. Final investment decision is expected by year-end. Read →

Uniper reported first-half adjusted core profit of €711 million, up 88% year-on-year, and adjusted net profit more than doubled to €388 million. The gains stemmed from stronger performance in its gas business compared with the prior year. The utility reaffirmed its full-year 2026 guidance. Read →

Japanese energy firm Eneos Holdings acquired U.S. chemical producer TPC Group in a deal valued at $1.28 billion including debt. The purchase includes petrochemical operations in Houston and terminals in Texas and Louisiana. TPC engaged multiple parties in the sale process. Read →

The U.S. government will invest $3 billion in critical minerals and battery projects to boost domestic production and national security. President Trump announced the funding at a roundtable with mining executives. The initiative aims to reduce reliance on foreign suppliers. Read →