U.S. President Donald Trump will host executives from major global mining companies at the State Department on Aug. 7 local time, to secure critical mineral supplies for the U.S. and its allies. Rio Tinto, BHP and Freeport-McMoRan are expected to attend, and the administration plans to announce multiple deals and memorandums of understanding.
Software-driven mining startup Mariana Minerals has closed a $310 million Series B round, according to Fortune, with Khosla Ventures leading the financing and Andreessen Horowitz (a16z), Breakthrough Energy Ventures, Greenoaks, BHP Ventures, and Mitsubishi Corp. also participating. The deal brings the company’s total funding to $400 million and values Mariana at $1.5 billion. Mariana was co-founded in 2024 by Turner Caldwell, a former member of Tesla’s factory design and construction team, and is based in San Francisco. The company says it is working to remake traditional mining through software. It currently operates two mining assets: Copper One in Utah, a copper mine targeting annual refined copper output of 50,000 tons, and Lithium One in Texas, a lithium mine expected to begin commercial production in 2027. The financing adds to investor backing from both venture capital firms and industrial groups as Mariana expands its operating footprint.
Tesla's 2020 impact report reveals the use of Re|Source and BHP's blockchain-based systems for tracing cobalt and nickel, ensuring responsible supply chains for EV batteries.
Tesla’s 2020 impact report reveals it has adopted two blockchain solutions – Re|Source and a partnership with BHP – to ensure sustainably sourced cobalt and nickel, enhancing supply chain transparency.
Tesla's 2020 impact report reveals it uses blockchain platforms like Re|Source and BHP pilot to trace sustainably produced cobalt and nickel for EV batteries, boosting supply chain transparency and setting industry benchmarks.
Tesla’s 2020 impact report reveals partnerships with Re|Source and BHP to use blockchain for tracing sustainably produced cobalt and nickel, ensuring responsible sourcing for EV batteries and setting a new standard for supply chain transparency.
Tesla's 2020 Impact Report reveals the use of two blockchain solutions to sustainably source cobalt and nickel for EV batteries. This move showcases blockchain's real-world application in supply chain traceability and encourages mainstream industrial adoption.
Tesla's 2020 Impact Report reveals the use of two blockchain systems—Re|Source for cobalt and BHP partnership for nickel—to ensure sustainable sourcing of battery raw materials. The move boosts supply chain transparency and sets a precedent for the EV industry.
