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Texas

Texas is a state in the southern United States, with its capital in Austin. With a population exceeding 30-million, it is the second-most populous and second-largest state by area in the country. Texas has a highly diversified economy dominated by energy, technology, agriculture, manufacturing and trade. The state is the leading oil and gas producer in the US, home to the Permian Basin and other major hydrocarbon-producing regions, and hosts a significant portion of the nation's refining and petrochemical capacity. Houston serves as the energy capital and largest city, while Dallas and San Antonio are major economic centres. Texas operates under a business-friendly regulatory environment and has no state income tax, attracting substantial corporate investment and population growth. The state's vast mineral resources, including oil, natural gas and emerging lithium reserves in oilfield brines, underpin its strategic importance to US energy security and the energy transition. Texas is also a major exporter, with ports along the Gulf of Mexico facilitating international trade. The state joined the Union in 1845 and has since evolved into one of the most economically significant jurisdictions in North America.

Texas News


ASPI subsidiary, US university sign uranium conversion technology research agreement
21st July 2026 By: Schalk Burger

Development stage nuclear fuels company Quantum Leap Energy (QLE) has signed a research agreement with the Texas A&M University Engineering Experiment Station (TEES) to advance and derisk the... 


Magnolia Oil & Gas exploration site in Texas
Magnolia Oil & Gas to buy WildFire Energy in $4bn deal
20th July 2026 By: Reuters

Magnolia Oil & Gas said on Monday it had agreed to acquire WildFire Energy for about $4.06-billion, including debt, to expand its position in the Giddings field in South Texas. The deal includes... 


Uranium oxide in hand
US company seeks to produce uranium for nuclear energy from seawater
15th July 2026 By: Reuters

Texas-based SuperCritical Materials Corp said on Tuesday it has won an exclusive license from the US Department of Energy (DoE) to extract uranium from seawater, a process that was developed by US... 


Rare earth samples from Round Top project, in Texas
USA Rare Earth successfully produces technically-demanding dysprosium from magnet scrap
14th July 2026 By: Marleny Arnoldi

Nasdaq-listed USA Rare Earth has successfully produced commercial-grade dysprosium oxide and neodymium-praseodymium oxide samples from recycled rare earth magnet scrap at its Wheat Ridge... 


A LibertyStream lithium refining unit in Texas
Lithium producer LibertyStream announces C$20m fundraise
14th July 2026 By: Marleny Arnoldi

TSX-V-listed LibertyStream has announced a non-brokered private placement of up to 25-million units at a price of C$0.80 apiece, to raise up to C$20-million. Each unit will comprise of one common... 


White Mesa uranium mill, in Utah
US report confirms uranium development is at its highest levels in more than ten years
1st July 2026 By: Marleny Arnoldi

Statistics and analysis firm US Energy Information Administration (EIA) finds in its latest yearly uranium production report that US-based uranium mines produced 2.1-million pounds of triuranium... 


Circuit board in hand
Rare earths recovery company Paladin Envirotech opens new US e-waste recycling sites
18th June 2026 By: Marleny Arnoldi

Rare earths recovery company Paladin Envirotech has announced a major expansion of its US operations to scale domestic processing capacity and strengthen critical materials recovery... 


LibertyStream lithium refining facility in Texas
LibertyStream delivers first lithium carbonate to US customer
4th June 2026 By: Marleny Arnoldi

TSX-V-listed LibertyStream Infrastructure Partners has delivered its first tonne of lithium carbonate to a US-based industrial customer from the company’s direct lithium extraction (DLE) unit and... 


Rare earths
USA Rare Earth secures $1.6bn US funding
4th June 2026 By: Reuters

USA Rare Earth said on Wednesday it has signed agreements with the US Department of Commerce giving it access to up to $1.6-billion in funding under the CHIPS Act, to support its plans to build a... 


USA Rare Earth Round Top project site
USA Rare Earth to invest $1.2bn in South Carolina facility to boost domestic supply
3rd June 2026 By: Reuters

USA Rare Earth said on Tuesday it will invest $1.2-billion to build a magnet manufacturing and rare earth metals facility in South Carolina, as it expands domestic production capacity. Shares of... 


AFC product image
AFC secures global contracts as furnace innovations gain traction
22nd May 2026

South African-based engineering firm Allied Furnace Consultants (AFC) was awarded the supply of two identical 80-t transfer cars for the Sakura smelter based in Sarawak, in Malaysia, in 2025. These... 


Gold remains a safe-haven investment – Heraeus
Gold remains a safe-haven investment – Heraeus
21st April 2026 By: Sabrina Jardim

Throughout history, gold has been seen as a safe-haven asset, although recent price movements have not been what might be expected, metals refinery services provider Heraeus says. In its latest... 


USA Rare Earth's Round Top project, in Texas
USA Rare Earths subsidiary achieves first pour of pure yttrium
16th April 2026 By: Marleny Arnoldi

Nasdaq-listed USA Rare Earth’s UK-based subsidiary Less Common Metals has successfully poured its first commercial batch of 99% pure yttrium metal, placing it among a small group of non-Chinese... 


US deep-sea mineral processing plant planned by Glomar, Australia's Cobalt Blue
US deep-sea mineral processing plant planned by Glomar, Australia's Cobalt Blue
30th March 2026 By: Reuters

Deep-sea mining firm Glomar Minerals and Australia's Cobalt Blue Holdings said on Monday they plan to build a US refinery to process critical minerals extracted from the bottom of the Pacific Ocean... 


Woodside Energy assumes control of Beaumont ammonia facility in Texas
26th March 2026 By: Reuters

Australian oil and gas producer Woodside Energy said on Thursday it assumed operational control of the Beaumont New Ammonia facility in Texas following the completion of performance testing and... 


Oil execs say price swings make it hard to 'drill, baby, drill'
Oil execs say price swings make it hard to 'drill, baby, drill'
26th March 2026 By: Reuters

Activity in the US oil and gas sector in the key producing states of Texas, Louisiana and New Mexico increased in the first quarter of 2026 although output was steady for now, a survey released by... 


US shale firms unlikely to drill at $100 a barrel unless high prices last longer, executives say
US shale firms unlikely to drill at $100 a barrel unless high prices last longer, executives say
25th March 2026 By: Reuters

Oil prices above $100 a barrel would not trigger a meaningful production increase in the US unless they stay elevated for more than a quarter, shale executives said at the CERAWeek energy... 


US Energy Secretary Chris Wright
Oil prices have not climbed enough to cause demand destruction, US energy secretary says
24th March 2026 By: Reuters

Global oil prices have not climbed enough to cause demand destruction, US Energy Secretary Chris Wright said on Monday at the CERAWeek energy conference in Houston, Texas, even as markets continued... 


Zoe Lofgren
US House Democrat blasts Commerce's 'highly concerning' $1.6bn USA Rare Earth deal
23rd March 2026 By: Reuters

A senior House Democrat accused US Commerce Secretary Howard Lutnick on Thursday of structuring Washington's $1.58-billion investment into USA Rare Earth in a way that gives the government "highly... 


Lynas CEO Amanda Lacaze
Lynas one step closer to supplying rare earths to US War Department
16th March 2026 By: Creamer Media Reporter

Australia-listed rare earths producer Lynas Rare Earths has signed a binding letter of intent with the US Department of War to establish a rare earth oxide supply agreement aimed at strengthening... 


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