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1) Ivanhoe Electric has purchased 6,205 acres in Casa Grande, Arizona located next to their Santa Cruz Copper project that is associated with its water rights as well as all the mineral titles contiguous with the surface rights. Mr. Friedland commented: "Acquiring the surface land at our Santa Cruz Project is a significant step towards realizing our vision of developing a high-grade, low carbon dioxide footprint underground copper mine on private land. We are designing our Santa Cruz Project to be a modern, responsible underground mining operation that will employ a skilled workforce and provide an economic boost to Arizona's growing industrial economy while supporting supply chain independence in the United States for electric metals. The large area of flat land that we are acquiring is ideally suited for renewable solar energy, which we plan to utilize to power our Santa Cruz Project. This important transaction is the culmination of our hard work to reunite the surface land with the subsurface mineral rights we already have the option to acquire, giving Ivanhoe Electric control of a large, high-grade copper project on private land in the Copper State."
2) Indian Commerce and Industry Minister Piyush Goyal said that India is open to Canadian miners exploiting the country's lithium deposits, showing some sign that the two countries could renew a commercial relationship. “I would very much like Canadian mining companies to join us,” Goyal said at a press conference in Toronto. “Mining companies from Canada must visit India. We will make sure to send them into meetings both at the government level and also with mining companies in India … and see how we can expand our own mining system.” In February, the Indian government said that it discovered 5.9 million tones of lithium in Jammu and Kashir, as it looks to join the race for critical minerals that are necessary to the transition of the green economy. We have seen how countries around the world are racing to explore, discover and secure their supply of minerals as the demand for critical minerals heats up.