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The Oyu Tolgoi copper-gold mine in Mongolia continues advancing its underground expansion under Rio Tinto’s control, positioning it as one of the world’s most significant future copper producers. Operated by Oyu Tolgoi LLC, the project is expected to deliver over 500,000 tonnes of copper annually at peak production. As global demand for copper strengthens in 2026, the operation highlights the technical complexity and strategic importance of large-scale underground mining. With ongoing development and ramp-up activity, Oyu Tolgoi remains central to both Mongolia’s economy and the global energy transition supply chain.
One of the largest undeveloped copper-gold deposits in the Asia-Pacific region, the Wafi-Golpu Project in Papua New Guinea is moving steadily toward development. Backed by global mining leaders Newmont Corporation and Harmony Gold Mining Company Limited, the project could transform the region’s mining economy and generate major opportunities for suppliers and contractors.
The Pani Gold Mine in Gorontalo Province has officially entered production following its first gold pour in February 2026. Backed by Merdeka Copper Gold, the project is rapidly evolving into one of Indonesia’s largest new gold operations, with expansion plans targeting annual production of up to 500,000 ounces.
The Silver Peak lithium mine in Esmeralda County, Nevada, the only producing lithium operation in the U.S., has received federal approval for a major expansion. Owned by Albemarle Corporation (NYSE: ALB), the project will increase brine extraction, lithium recovery, and processing capacity, bolstering domestic supply for electric vehicles and battery storage. The expansion supports national critical mineral strategies and creates opportunities for contractors, equipment suppliers, and environmental service providers. Construction is expected within the next 12–24 months, enhancing Albemarle’s production, profitability, and the broader U.S. economy by reducing reliance on imported lithium.
The Rhodes Ridge Iron Ore Project in the Pilbara is emerging as one of the most significant future iron ore developments in Australia. Extensive exploration and feasibility work over many years has confirmed a resource base measured in billions of tonnes of iron ore.
Strategic Western Supply in a Tightening Global Market
A Multi-Billion-Dollar Investment to Support Canada’s Critical Minerals Strategy. Teck Resources Limited (TSX: TECK.A/TECK.B; NYSE: TECK) has formally approved and advanced construction of the Highland Valley Copper (HVC) Mine Life Extension (MLE) project in British Columbia, marking one of the most significant mining investments in Canadian history.