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        <title>Mining Weekly | International Home</title>
        <description><![CDATA[Visit Mining Weekly for the latest articles in International Home]]></description>
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        <lastBuildDate>Thu, 29 Oct 2026 08:54:29 +0200</lastBuildDate>
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            <title>Governments should not pick critical minerals winners, mining financiers say</title>
            <link>https://www.miningweekly.com/article/governments-should-not-pick-critical-minerals-winners-mining-financiers-say-2026-10-29</link>
            <description><![CDATA[Governments should not choose which critical minerals projects get funding, and instead should invest in shared infrastructure to allow the best projects to move forward, financiers said at a mining conference in Sydney this week. Financiers consider the quality of mine projects, management teams, the cost to develop, extract and deliver ore when prices are high, but also when they are low, which is a highly specialised skill set, they said.]]></description>
            <author>  Reuters</author>
            <category>CRITICAL MINERALS</category>
            <pubDate>Thu, 29 Oct 2026 08:45:00 +0200</pubDate>
        <a_id>733220</a_id>
        <updated>1793256862</updated>
        <published>1793256300</published>
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        <editor>  Reuters</editor>
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            <title>Rio Tinto proposes 56% pay jump for CEO as mining sector fights for talent</title>
            <link>https://www.miningweekly.com/article/rio-tinto-proposes-56-pay-jump-for-ceo-as-mining-sector-fights-for-talent-2026-10-28</link>
            <description><![CDATA[Rio Tinto's board has proposed increasing its CEO Simon Trott's target remuneration package by 56% to £9.8-million ($13.06-million), according to four people familiar with the matter and documents reviewed by Reuters.

Surging pay at defence, aerospace and energy transition firms has left mining companies including Rio Tinto — the world's second-biggest listed miner — scrambling to compete for top talent.]]></description>
            <author>  Reuters</author>
            <category>DIVERSIFIED MINERS</category>
            <pubDate>Wed, 28 Oct 2026 08:31:00 +0200</pubDate>
        <a_id>733133</a_id>
        <updated>1793179513</updated>
        <published>1793169060</published>
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        <editor>  Reuters</editor>
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        <image_title>Rio Tinto CEO Simon Trott</image_title>
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            <title>Lynas posts 55% revenue jump on record prices, flags plant shutdowns</title>
            <link>https://www.miningweekly.com/article/lynas-posts-55-revenue-jump-on-record-prices-flags-plant-shutdowns-2026-10-29</link>
            <description><![CDATA[Australia's Lynas Rare Earths posted a 55% jump in first-quarter revenue on Thursday, helped by record realised prices, while warning that planned shutdowns at its Malaysia and Kalgoorlie facilities would weigh on current-quarter production. Growing Western demand for non-Chinese critical minerals supply has boosted Lynas' ability to lock in floor-price contracts above market benchmarks, strengthening pricing even as China remains the dominant player in the rare earths sector.]]></description>
            <author>  Reuters</author>
            <category>RARE EARTHS</category>
            <pubDate>Thu, 29 Oct 2026 08:42:00 +0200</pubDate>
        <a_id>733219</a_id>
        <updated>1793256805</updated>
        <published>1793256120</published>
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        <editor>  Reuters</editor>
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            <title>Uranium poised for long-term structural deficit as AI boom spurs unprecedented nuclear demand </title>
            <link>https://www.miningweekly.com/article/uranium-poised-for-long-term-structural-deficit-as-ai-boom-spurs-unprecedented-nuclear-demand-2026-10-28</link>
            <description><![CDATA[With nuclear reactor builds currently outpacing new uranium mine supply and the rapid growth of AI and data centres is reinforcing the need for large-scale baseload power, uranium's investment case does not rest on sentiment, finds Canadian uranium explorer Purecore in an investor report.

Drawing on insights from International Energy Agency (IEA), International Atomic Energy Agency (IAEA), US Energy Information Administration (EIA), Sprott Asset Management and Cameco Corporation, Purecore highlights a timing imbalance between the rapid development of AI infrastructure and the longer development timelines associated with new uranium mines. ]]></description>
            <author>Marleny Arnoldi</author>
            <category>URANIUM</category>
            <pubDate>Wed, 28 Oct 2026 11:29:00 +0200</pubDate>
        <a_id>733173</a_id>
        <updated>1793183320</updated>
        <published>1793179740</published>
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        <editor>Creamer Media Reporter  </editor>
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            <title>Australia's PLS signs 20-year power pact with Fortescue unit for Pilgangoora mine</title>
            <link>https://www.miningweekly.com/article/australias-pls-signs-20-year-power-pact-with-fortescue-unit-for-pilgangoora-mine-2026-10-28</link>
            <description><![CDATA[Australia's PLS Group said on Wednesday it had signed a 20-year power purchase agreement with FMG Clean Energy, owned by iron-ore miner Fortescue, to meet rising power demand at its Pilgangoora operation under the P2000 expansion plan.

PLS, the country's largest independent lithium producer, plans to invest about A$150-million ($105.42-million) between 2027 and 2029 in transmission connection and power infrastructure upgrades.]]></description>
            <author>  Reuters</author>
            <category>LITHIUM</category>
            <pubDate>Wed, 28 Oct 2026 08:48:00 +0200</pubDate>
        <a_id>733136</a_id>
        <updated>1793170759</updated>
        <published>1793170080</published>
        <expires>99999999999</expires>
        <editor>  Reuters</editor>
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        <image_title>Pilgangoora lithium mine</image_title>
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            <title>Centaurus secures 100% Jaguar nickel production offtake with Glencore, CNGR</title>
            <link>https://www.miningweekly.com/article/centaurus-secures-100-jaguar-nickel-production-offtake-with-glencore-cngr-2026-10-28</link>
            <description><![CDATA[ASX-listed nickel producer Centaurus Metals has signed two new binding offtake agreements with diversified miner and trader Glencore and Chinese precursor cathode active material manufacturer CNGR Advanced Material to supply 100 000 dry metric tonnes of high-grade nickel concentrate from the Jaguar mine over a five-year contract period to each company.

Together with Centaurus' existing offtake agreement with Glencore, the two new contracts take the nickel concentrate from Jaguar under contract to 100% of production over the first five years of operations, with this production equating to 22 500 t/y of nickel. ]]></description>
            <author>Marleny Arnoldi</author>
            <category>NICKEL</category>
            <pubDate>Wed, 28 Oct 2026 09:13:00 +0200</pubDate>
        <a_id>733152</a_id>
        <updated>1793173235</updated>
        <published>1793171580</published>
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        <editor>Creamer Media Reporter  </editor>
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            <title>Green hydrogen without needing electricity solution selected for French defence funding</title>
            <link>https://www.miningweekly.com/article/green-hydrogen-without-needing-electricity-solution-selected-for-french-defence-funding-2026-10-28</link>
            <description><![CDATA[A consortium led by French productivity solutions company for hydrogen Novacium, together with open innovation chemistry platform Axel'One and gas engineering company AD-VENTA, have secured funding from the Defence Innovation Agency and the Directorate General of Armaments for the Metagene green hydrogen project. The funding, granted under the French dual-use innovation support programme called RAPID, aims to help the companies develop a self-contained, high-pressure green hydrogen production station using a solid and non-hazardous metallic fuel.]]></description>
            <author>Marleny Arnoldi</author>
            <category>HYDROGEN</category>
            <pubDate>Wed, 28 Oct 2026 10:15:00 +0200</pubDate>
        <a_id>733166</a_id>
        <updated>1793176942</updated>
        <published>1793175300</published>
        <expires>99999999999</expires>
        <editor>Creamer Media Reporter  </editor>
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        <image_title>Novacium's solid fuel made from recycled aluminium and silicon</image_title>
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            <title>Indian miner Vedanta on track to eliminate net debt by December-end, CEO says</title>
            <link>https://www.miningweekly.com/article/indian-miner-vedanta-on-track-to-eliminate-net-debt-by-december-end-ceo-says-2026-10-28</link>
            <description><![CDATA[Vedanta is on track to eliminate net debt by the end of the year after lowering it sharply due to strong earnings and cash generation, CEO Arun Misra said on Wednesday.

The milestone would cap a years-long deleveraging drive at Vedanta. A net cash position could also boost financial flexibility and reduce borrowing costs as the company pursues growth projects.]]></description>
            <author>  Reuters</author>
            <category>DIVERSIFIED MINERS</category>
            <pubDate>Wed, 28 Oct 2026 15:54:00 +0200</pubDate>
        <a_id>733207</a_id>
        <updated>1793196101</updated>
        <published>1793195640</published>
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        <editor>  Reuters</editor>
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