Australia and the United States have announced a fresh $3. 5 billion investment in critical mineral development, nearly doubling the commitment made earlier this year when they signed a cooperation framework. The new funding aims to help Australian companies mine and refine metals essential for defe
Australia is working hard to become a major supplier of minerals that power gadgets and defence tech. In the last four years, Canberra has signed deals with the United States, Japan, South Korea, India, Germany and Britain to build this industry. Now France is showing interest too, especially after
American companies that build batteries, cars and tech gadgets depend on graphite. China supplies most of it, making the U. S. vulnerable to supply cuts or price hikes. A new law encourages domestic mining projects like Graphite One’s Alaska deposit, the biggest graphite site in America. The bill as
Latin America is becoming a hotspot for green energy and mining. The region is seeing a lot of interest from investors. This is because it has a lot of potential in renewable energy and critical minerals. Over 65 percent of Latin America’s electricity now comes from renewable sources. This is much
The U. S. government is changing its approach to critical minerals. It is no longer planning to set minimum prices for these important resources. This shift comes after realizing that Congress did not approve the necessary funds and that setting prices is a complex task. Key officials from the Trum
Japan's finance chief, Satsuki Katayama, recently met with U. S. Treasury Secretary Scott Bessent. They talked about the yen's recent drop in value. The yen hit a one-year low. Both leaders shared worries about this sudden fall. This meeting happened in Washington. It was during a bigger meeting ab
The United States is pushing for faster action to reduce dependence on China for critical minerals. Treasury Secretary Scott Bessent is set to discuss this with finance officials from several countries. These nations together make up 60% of the global demand for these minerals. The urgency comes fr
Germany's top finance guy, Lars Klingbeil, recently spoke up about something big: international law applies to everyone, even the United States. He was talking about how President Donald Trump once said he wanted to take Greenland from Denmark. Klingbeil made it clear that only Denmark and Greenland
The US is pushing other countries to act fast on reducing their dependence on China for rare minerals. This is a big deal because these minerals are used in many important things, like defense tech, batteries, and renewable energy. A senior US official said that the US Treasury Secretary will talk
A significant gathering is on the horizon, focusing on the world's critical minerals. The Group of Seven (G7) finance ministers, along with representatives from Australia and potentially India, are set to convene in Washington. This meeting, hosted by Treasury Secretary Scott Bessent, aims to tackle
