financetom
Business
financetom
/
Business
/
US adds 10 more mining projects to fast-track permitting list
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US adds 10 more mining projects to fast-track permitting list
May 26, 2025 12:24 AM

May 2 - The Trump administration on Friday added 10 more

U.S. mining projects to a fast-track permitting list aimed at

expanding critical minerals production across the country.

The projects - which would supply copper, palladium and

other minerals - have been granted FAST-41 status, a federal

initiative launched in 2015 to streamline approvals of critical

infrastructure.

The Trump administration last month had named an initial 10

projects to the list and said that more would be added in the

future.

All of the projects are listed on a U.S. federal

website where their permitting progress can be publicly tracked,

part of what the administration calls a push for greater

transparency and faster permitting.

The latest 10 include a proposed copper and nickel mine in

Minnesota from a joint venture of Glencore ( GLCNF ) and Teck

Resources ( TECK ); a New Mexico uranium project from Energy

Fuels ( UUUU ); expansion of a Montana palladium project from

Sibanye Stillwater; an Alaskan silver project from

Hecla; and a Georgia titanium dioxide project from

Chemours ( CC ).

South32's ( SHTLF ) Hermosa zinc-manganese project in Arizona

was fast-tracked by former President Joe Biden, the first mine

to receive the FAST-41 treatment.

President Donald Trump also last month ordered a probe into

potential new tariffs on all U.S. critical minerals imports, a

major escalation in his dispute with global trade partners and

an attempt to pressure industry leader China.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Rough road ahead for US EV makers despite upbeat quarterly sales
Rough road ahead for US EV makers despite upbeat quarterly sales
Jul 3, 2024
(Reuters) -Better-than-expected U.S. electric-vehicle sales in the second quarter brought welcome relief to investors after a sharp slowdown in demand triggered by high interest rates, but EV makers still face a bumpy road ahead. General Motors, Rivian and Toyota posted upbeat EV deliveries on Tuesday, while Tesla reported a smaller-than-expected decline, and investors responded by driving up shares of several of...
Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions
Jul 3, 2024
July 3 (Reuters - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday: ** Germany's cabinet blocked the planned sale of Volkswagen subsidiary MAN Energy Solutions' gas turbine division to a Chinese company, two government sources said. ** A joint venture between Trafigura and the Frontier Group of Companies (FGC) has completed its acquisition of...
Dispute Over $53B Chevron-Hess Merger Heats Up, Arbitration Panel Nears Formation: Report
Dispute Over $53B Chevron-Hess Merger Heats Up, Arbitration Panel Nears Formation: Report
Jul 3, 2024
The final member has been appointed to a three-person arbitration panel tasked with resolving the Exxon Mobil Corporation ( XOM ) dispute over Chevron Corporation ( CVX ) ’s $53 billion acquisition of Hess Corporation ( HES ) . Each side appoints one arbitrator, and those two then jointly select the third member to complete the three-person panel, reported Reuters....
Elon Musk expected to make speech at opening of Shanghai's World AI Conference
Elon Musk expected to make speech at opening of Shanghai's World AI Conference
Jul 3, 2024
SHANGHAI, July 3 (Reuters) - Elon Musk will be among the keynote speakers at the opening ceremony of the World AI Conference (WAIC) in Shanghai on Thursday, according to an agenda released in advance of the event. The agenda did not specify whether Musk would appear in person or via video, but someone with knowledge of the matter said Musk...
Copyright 2023-2026 - www.financetom.com All Rights Reserved