AGP Executive Report
Last update: 11 hours agoCoal Policy Push (US): Trump is using Cold War-era Defense Production Act powers to funnel nearly $700m into coal-fired power upgrades, new plants in Alaska and West Virginia, a restart in Maryland, and a coal export terminal in Oakland—aiming to support thousands of jobs, while pollution concerns linger. Rare Earth Supply Chain (US): Phoenix Tailings won a $66m DOE grant to scale rare-earth separation, building on its metallisation operations with MIT and the University of Minnesota. Rare Earth Offtake (US): REalloys signed a LoI to secure up to 30% of Patriot’s rare earth output from above-ground Appalachian feedstock, targeting magnet metals. Deep-Sea Mining Ban (Guam): Guam’s governor signed a law banning deep-sea mining in local waters and restricting port use without full community consultation, with fines up to $50k/day. Gold & Markets: Gold is trading sideways near $4,400/oz as the World Gold Council flags a possible supportive role for future rate hikes. Exploration Updates (Gold): Lightning Minerals is raising $1.85m for Mt Turner drilling in Queensland; NewPeak Metals completed 1,834m at Las Opeñas in Argentina with assays pending. Mining Safety (US): A coal miner was hospitalized after being struck by falling rock at the Ohio County Mine Shoemaker Portal in West Virginia.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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