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The European Union on Wednesday rolled out a multi-billion-euro strategy to reduce its dependence on China for rare earths, unveiling measures to boost domestic mining, refining and recycling capacity amid rising geopolitical pressure on critical supply chains.The plan comes after months of turbulence triggered by Beijing’s export controls, according to AFP, which have disrupted manufacturers…
China’s control over rare earth elements did not happen overnight. It is the result of decades of investment across every stage of the chain — from mining and reserves to processing and technology — giving Beijing significant influence in its trade dispute with Washington. These 17 minerals are essential for defence equipment such as fighter…
In a boost to India’s domestic rare earth manufacturing capabilities, PM Narendra Modi-led Union Cabinet on Wednesday cleared an over Rs 7,200 crore Rare Earth Permanent Magnets (REPM) Scheme. The scheme aims to establish integrated manufacturing facilities with a capacity of 6,000 Metric Tons per Annum (MTPA) of Rare Earth Permanent Magnets. The initiative hopes…
A worldwide rush to tap the Arctic’s resources is accelerating as countries look for alternatives to China’s stronghold over strategic minerals. Melting ice and improving access have drawn renewed interest to the largely undeveloped polar region, which is increasingly viewed as a potential source of rare earths, base metals and new trade routes, as per…
The United States is hoping to finalise its rare earths agreement with China by Thanksgiving, US Treasury Secretary Scott Bessent said on Sunday, signalling momentum in the negotiations launched after Presidents Donald Trump and Xi Jinping met in South Korea last month, AFP reported.The tentative deal reached in late October includes a one-year suspension of…
NASA scientist James Hansen took a courageous step by alerting the United States Congress to the growing danger of a warming planet in 1988. His warning, however, was largely dismissed at the time. Now, nearly 37 years later, Hansen has returned to the forefront of climate research, leading a team of international scientists in highlighting…
The 30th United Nations Climate Change Conference (COP30) began on Monday in Belém, Brazil, bringing together around 50,000 participants from more than 190 countries, including diplomats, policymakers, and climate experts, for the 11-day event in the Amazon region.However, the opening day was disrupted by heavy rain that caused flooding in several parts of the city,…
India should widen its collaboration with friendly countries to strengthen its capabilities in rare-earth material development, industry experts said at the CII Conference on Building Resilient Rare Earth Metal (REM) Supply Chains Through Technology Localisation held in Chennai on Friday.According to news agency ANI, R Saravanabhavan, deputy adviser (minerals) at Niti Aayog, said that India’s…
China is creating a new licensing system to make rare earth exports faster and easier. However, the country has given no sign that it will remove the restrictions put in place in April, falling short of meeting US President Donald Trump’s hopes of a full rollback.The ministry of commerce told some exporters that they will…
US treasury secretary Scott Bessent once again criticised China’s rare earth export controls, saying the United States and its allies are now moving at “warp speed” to build independent supply chains and reduce reliance on Beijing.Speaking to CNN, Bessent said that China’s strategy had been in motion for decades and accused the previous US governments…
