China controls over 70% of the world’s rare-earth supply, a crucial resource fueling today’s cutting-edge technology and defense industries. In a bold move to challenge this dominance, Australia is rapidly expanding its mining and processing efforts, aiming to build a stronger, more diverse global supply chain
Exclusive: Automakers are sounding the alarm as China’s tight grip on rare-earth exports threatens to throw global production lines into chaos, underscoring the industry’s heavy reliance on these vital materials amid escalating geopolitical tensions, Reuters reports
The UK government has stepped in to support British Steel, a bold move designed to breathe new life into the struggling mill. This intervention highlights just how vital the steel industry is to our economy and job market, especially as it faces ongoing challenges.
Canada is rapidly establishing itself as a global powerhouse for raw materials, fueled by its abundant reserves of essential minerals and a strong commitment to sustainable practices. Experts believe this trend not only highlights Canada’s potential but also positions it as a crucial player in satisfying the world’s ever-growing demand for resources.
Spain is set to launch an extensive mapping initiative to identify critical resources as part of its strategic push for raw materials. This effort aims to bolster the country’s supply chain resilience and reduce dependency on imports, supporting sustainable development.
