Export controls and critical minerals were key issues of discussion when G7 finance ministers met virtually on Monday (8 December). Countries continue to look at alternatives to move away from China's dominance in the rare-earth sector.
The U.S. Department of Energy announced on Wednesday that the Trump administration has unveiled a nearly $1 billion funding plan to boost U.S. production of critical minerals and materials, aiming to reduce reliance on foreign suppliers, particularly China.
Ukraine has successfully completed the necessary procedures to implement its deal with the United States regarding the exploitation of minerals and the operation of a newly established investment fund, the country's First Deputy Prime Minister, Yulia Svyrydenko, confirmed on Tuesday.
Ukraine's parliament will hold a vote on May 8 to ratify a minerals deal signed with the United States earlier this week, a lawmaker said on Friday, while two other documents pertaining to the agreement will not need to be ratified.
President Donald Trump on Thursday signed an executive order aimed at boosting the deep-sea mining industry, marking his latest attempt to boost U.S. access to nickel, copper and other critical minerals used widely across the economy.
U.S. President Donald Trump announced on Monday that he anticipates a U.S.-Ukraine revenue-sharing agreement on Ukrainian critical minerals will be signed soon.
President Donald Trump stated on Saturday that the U.S. is "pretty close" to an agreement with Ukraine regarding revenue from Ukrainian minerals as part of efforts to resolve the ongoing conflict with Russia.
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