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.
The initiative seeks to advance mining, processing, and manufacturing technologies within supply chains long dominated by China and other nations.
"For too long, the United States has relied on foreign actors to supply and process the critical materials that are essential to modern life and our national security," said Energy Secretary Chris Wright.
The funding aligns with President Donald Trump’s executive order on maximising energy development.
The Office of Manufacturing and Energy Supply Chains (MESC) will offer up to $500 million to expand domestic processing, battery manufacturing, and recycling.
An additional $135 million will support rare earth element supply chains by proving the commercial viability of refining and recovering minerals from mining tailings.
The Office of Fossil Energy and Carbon Management will provide about $250 million for facilities, including coal plants, capable of producing mineral byproducts from industrial processes.
Another $50 million will target the rare earth magnet supply chain, focusing on refining and alloying materials like gallium, germanium, and silicon carbide for semiconductor production.
The Iran-U.S.-Israel conflict is intensifying, with fresh strikes near Tehran, European calls for restraint, and Iran threatening to target U.S. fi...
A man previously convicted of spying on Türkiye has been arrested by Turkish and Syrian authorities after more than a decade on the run, Turki...
Afghanistan’s Ministry of Mines and Petroleum says around 25 kilometres of the TAPI gas pipeline have been laid in Herat province, as work co...
Three Armenian citizens have been charged following an alleged attempt to attack Prime Minister Nikol Pashinyan at St Anna Cathedral in Yerevan on ...
HHungary’s foreign minister has been drawn into controversy after an audio recording, released by ...
The Iran-U.S.-Israel conflict is intensifying, with fresh strikes near Tehran, European calls for restraint, and Iran threatening to target U.S. firms in the region, raising fears of a broader escalation across the Middle East.
HHungary’s foreign minister has been drawn into controversy after an audio recording, released by an investigative outlet, appeared to show him discussing EU sanctions with his Russian counterpart days before an election that could shape Budapest’s relationship with Moscow, Reuters reports.
China and Kenya have agreed to revive a long-delayed railway project, signalling renewed momentum in infrastructure cooperation and a shift towards more sustainable financing models across Africa.
Over a century ago, the streets of Baku were engulfed in violence as thousands of civilians perished during the March Days of 1918, marking one of the darkest chapters in Azerbaijan’s history.
U.S. President Donald Trump has said that the U.S is in talks with the new Iranian regime. He said this in a post on his Truth Social account but warned that the U.S. will "Obliterate" Iran's electric and oil facilities if no deal is reached, especially regarding the Strait of Hormuz closure.
NASA is aiming to launch its Artemis 2 mission on Wednesday (1 April), sending astronauts on a 10-day journey around the Moon, officials confirmed. According to the Space Administration, the launch window is due to open at 23:24 GMT, with additional opportunities to 6 April if delays occur.
The Iran-U.S.-Israel conflict is intensifying, with fresh strikes near Tehran, European calls for restraint, and Iran threatening to target U.S. firms in the region, raising fears of a broader escalation across the Middle East.
The war in Iran has rapidly upended regional security, triggering spillover across the Middle East and raising fears of wider economic disruption that could threaten globalisation.
The Israeli military said on Monday that Iran launched multiple waves of missiles at Israel, and an attack had also been launched from Yemen for the second time since the U.S.-Israeli war began on Tehran. It said two drones from Yemen were intercepted early 30 March but gave no further details.
A Russia-flagged tanker carrying about 700,000 barrels of crude has arrived in Cuba’s Matanzas Bay, marking the first major oil delivery to the island since the Trump administration cut off its fuel supplies.
China and Kenya have agreed to revive a long-delayed railway project, signalling renewed momentum in infrastructure cooperation and a shift towards more sustainable financing models across Africa.
HHungary’s foreign minister has been drawn into controversy after an audio recording, released by an investigative outlet, appeared to show him discussing EU sanctions with his Russian counterpart days before an election that could shape Budapest’s relationship with Moscow, Reuters reports.
The European Union's top diplomat Kaja Kallas and several EU foreign ministers arrived in Kyiv on Tuesday to mark the fourth anniversary of the Bucha massacre and to voice their support for Ukraine, amid tensions within the bloc over blocked EU aid.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for 31 March, covering the latest developments you need to know.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment