Tag: defence

  • US President meets BHP and Rio Tinto chiefs over Arizona copper mine

    US President meets BHP and Rio Tinto chiefs over Arizona copper mine

    Executives of two of the world’s biggest mining companies, BHP and Rio Tinto, have lobbied at the White House as part of their long-running bid to develop a vast copper mine in the US.

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    US President Donald Trump welcomed Rio Tinto CEO Jakob Stausholm and incoming CEO Simon Trott, as well as BHP CEO Mike Henry, to the Oval Office on Tuesday to discuss the developments around a vast copper mine project called Resolution Copper.
    This came a day after the opponents succeeded in temporarily blocking the project. 

    The president called opponents of a huge copper mine in Arizona “radical left activists” in a social media post after the meeting.
    The project  — a joint venture owned by international mining giants Rio Tinto and BHP — is set to be one of the biggest copper mines in North America.
    President Trump has emphasised the need for more copper production in the US, as the versatile metal is important for the country’s mineral security. Copper is key to the energy transition and has many uses, remaining an essential component of electrical circuits, as well as defence and technology products.
    The two international mining giants teamed up to develop Resolution Copper after the deposit was discovered two decades ago.
    However, Native American tribes and environmentalists have been fighting fiercely ever since, citing religious, cultural and environmental concerns.

    After a series of court cases and environmental studies, the companies were set to take over the federal forest land in Arizona on Tuesday when a US appeals court temporarily blocked the transfer, delaying the mining.
    The US Ninth Circuit Court of Appeals issued a temporary injunction late on Monday in response to last-minute appeals by a Native American tribe and environmentalists.

    The land includes Oak Flat — an area used for centuries for religious ceremonies, prayer and gathering of medicinal plants by the San Carlos Apache people and other Native American tribes. The tribe celebrated the pause.

    President Donald Trump, however, called the opponents “Anti-American, and representing other copper competitive countries,” in his post on Truth Social. He also stated that delaying the project would affect thousands of jobs.
    A press release from Resolution Copper stated that the companies view this as “merely a temporary pause”. The statement added: “We are confident the court will ultimately affirm the district court’s well-reasoned orders explaining in detail why the congressionally directed land exchange satisfies all applicable legal requirements.”
    Mike Henry, CEO of BHP, said in a social media post that the project “will create thousands of high-value local jobs in Arizona and billions in economic activity across America”. 

    An earlier estimate from Resolution Copper stated that the mine would generate $1 billion (€860 million) a year for Arizona’s economy and create thousands of jobs.

    A brief history of opposing Resolution Copper

    The fight over Oak Flat has spanned two decades, with the latest legal wrangling centred on a required environmental review that was released by the US Forest Service earlier this summer and an appraisal of the land to be mined by Resolution Copper about 60 miles (96 kilometres) east of Phoenix.
    Before the land exchange can happen, the plaintiffs argued that the federal government must prepare a comprehensive review that covers “every aspect of the planned mine and all related infrastructure”. 
    They said the government failed to consider the potential for a dam breach, pipeline failure and if there was an emergency plan for a tailings storage area.
    As for the appraisal, they said it did not account for the value of the copper deposits that are at least 5,000 feet (1,500 metres) below the surface.

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    The appeals court plans to hear arguments on the merits of the case later this year, but no date has been announced yet. 
    “This injunction comes in a desperate time of asking for miracles, all over the country and all over the world,” Wendsler Nosie Sr. of the group Apache Stronghold said in a statement shared on social media.
    Resolution Copper has said the project underwent an extensive review by the US Forest Service that has included consultation with tribes that have ancestral ties to the land.
    “The collaborative process has directly led to major changes to the mining plan to preserve and reduce potential impacts on tribal, social, environmental and cultural interests,” the company stated.
    The Forest Service has argued in court filings that it has no discretion because the land exchange was mandated by Congress when language was included in a must-pass national defence spending bill that was signed into law in 2014 by then-President Barack Obama.
    There have been unsuccessful legislative attempts in the years since to withdraw the Oak Flat area from mining activity.

  • Rheinmetall Wins €770 Million German Army Deal as Defence Boom Surges

    Europe’s Logistics Armament Boost: 1,000+ Trucks on the Horizon

    The latest deal brings more than 1,000 logistics vehicles to Europe’s arsenal, a boost that comes as the continent ramps up its military spending to keep pace with escalating global tensions.

    Key Highlights

    • Deal includes over 1,000 nation‑sized military trucks.
    • Designed for rapid supply transport in high‑pressure scenarios.
    • Part of a broader push to modernise European defence infrastructure.

    Why It’s a Game‑Changer

    With new trucks ready, military forces can move troops, gear, and humanitarian aid faster than ever—making front‑line logistics smoother than a well‑olived olive oil.

    Germany’s Military Upgrades – Rheinmetall Hits the Big Ticket

    Heads‑up: The German army just put a hefty order on the table – about 1,400 gear‑trucks, worth a cool €770 million. That’s roughly the price of a small private island, but in this case the “island” is a convoy of highly practical, shuffle‑friendly cargo vehicles.

    What’s in the Order?

    • 963 swap‑body trucks – their boxes are like Lego blocks; you can swap out the container without touching the chassis.
    • 425 unprotected transport vehicles (UTVs) – just plain trucks for “low‑risk” zones that don’t need armor.

    Rheinmetall, based in Düsseldorf, announced the deal on Monday, and the company’s stock hopped up almost 3% mid‑afternoon. It’s the kind of movement that makes investors drink a little more coffee .

    Meet the People Behind the Deal

    André Barthel, the old‑school leader at Rheinmetall MAN Military Vehicles (the joint venture of MAN Truck & Bus and Rheinmetall), said:

    “We’re proud to keep the Bundeswehr moving. Providing more vehicles means greater mobility and operational readiness for Germany’s forces.”

    Next stop: a full delivery schedule is slated for the third quarter, with all trucks arriving on the road by the end of 2025.

    The Big Picture: Europe’s Defense Budget Boom

    Rheinmetall isn’t the only guy basking in the glow of an expanded military budget. Over the past year, its stock has surged more than 190%, a testament to the growing demand. Factor in:

    • Russia’s invasion of Ukraine, which sparked demand for advanced defense gear.
    • EU‑wide “spending frenzy” amplified by U.S. President Donald Trump’s push for stronger defense ties.
    • Germany’s relaxed debt rules to bolster investments.

    The Bundeswehr is in a tech overhaul, and by 2029 Germany promises to spend 3.5% of its GDP on defense. NATO has also stepped up its collective commitment, raising the target from 2% to 5% of GDP by 2035.

    Bottom Line

    With a robust order in the pipeline and a geopolitical echo that’s loud and clear, Rheinmetall looks set to keep riding that wave of military spending. For investors, that’s a green light that’s hard to ignore.

  • Fatal Methane Leak Claims 12 Turkish Soldiers During Iraq Cave Operation

    The troops had been looking for the remains of a comrade killed by Kurdish militants.

    When a Cave Turns into a Tragedy: 12 Turkish Soldiers Lost to a Silent Gas in Iraq

    On Monday, Turkey’s Defence Ministry delivered heartbreaking news: 12 soldiers died after inhaling methane during a search-and-recovery operation deep in northern Iraq. The mission, aimed at gathering the remains of a fellow soldier killed three years earlier by Kurdish militants, ended in a silent, colourless nightmare.

    What Went Wrong?

    • 19 troops were exposed to the invisible, odourless gas.
    • Five succumbed on Sunday, and another seven on Monday.
    • Seven soldiers remain unseen, with their exact condition unknown.

    Brave men went looking for a lost comrade and ended up chasing a deadly, invisible foe.

    Official Response

    The Turkish Defence Minister Yasar Güler, along with top military brass, flew into the region to assess the disaster and attend a solemn repatriation ceremony. Güler, standing with gravitas, praised the fallen for their “great courage and sacrifice” and expressed that the country’s grief was “immense” and “beyond words.”

    Why the Cave Was Being Searched

    This grim location was in the rugged mountains where the Turkish army began an offensive against the Kurdistan Workers’ Party (PKK) in April 2022. The PKK, considered a terrorist organization by Ankara and its Western allies, has been in armed conflict with Turkey for four decades.

    Politics and Praise

    Meanwhile, in May, the PKK announced an intention to disarm as part of a peace proposal. Fighters were expected to start surrendering weapons in the days ahead, which could pave the way toward disarmament.

    About the Cave

    Situated at 852 metres altitude, the cave was reputedly used by the PKK as a field hospital before the recent tragic events.