Mariana Minerals CEO on $310 Million Funding Round, Autonomous Mining and the Critical Minerals Race
4 Articles
4 Articles
As US Works to End Reliance on China’s Critical Minerals, Mining Companies See Opportunity
By Carsten Oyer The federal government sees America’s lack of domestic critical mineral production as a growing national security threat. For the companies involved, it’s a cash cow. Critical minerals – a broad category of metals and other materials ranging from aluminum to zirconium – propel the defense industry. They’re used in guidance systems for Tomahawk missiles...
Mariana Minerals CEO on $310 million funding round, autonomous mining and the critical minerals race
Mariana Minerals CEO Turner Caldwell talks to CNBC's Morgan Brennan about the company's latest funding round and the growing role of AI and autonomous trucks in mining. Automation can help overcome labor shortages, unlock projects that would otherwise be uneconomical and create a new class of jobs, said Caldwell. The company's strategy also combines U.S. copper production with scrap recycling to reduce dependence on foreign imports and strengthe…
ASX Resources Quarterly Wrap: US critical minerals push a growth driver for these companies
America’s critical minerals scramble is gaining pace, with billions in funding and streamlined approvals lifting the appeal of ASX-exposed plays. America’s critical minerals scramble is gaining pace, with billions in funding and streamlined approvals lifting the appeal of ASX-exposed plays.
Mariana Minerals Raises $310M to Accelerate Critical Minerals Production
Mariana Minerals, a software-first, vertically integrated critical minerals company, raised $310 million in Series B financing, bringing the company’s total parent and project capital raised to date to approximately $400 million. The company said that this financing accelerates its goal of developing 10 commercial-scale projects in 10 years to strengthen domestic supply of critical minerals. Mariana’s Series B financing unlocks continued buildou…
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