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.
Ukrainian President Volodymyr Zelenskyy has dismissed Commander-in-Chief Oleksandr Syrskyi, replacing him with General Mykhailo Drapatyi in one of the...
Southeast Asia remains the epicentre of scam centres running illegal online fraud schemes that target victims worldwide and generate billions of dolla...
Iran is increasingly relying on its northern ports for imports, with officials saying more than 30% of goods now enter the country via Russia and the ...
Ukrainian President Volodymyr Zelenskyy has dismissed Commander-in-Chief Oleksandr Syrskyi, replacing him with General Mykhailo Drapatyi in one of the most significant military leadership changes since Russia's full-scale invasion of Ukraine.
AnewZ's Daybreak on 21 July covered the latest escalation in the U.S.-Iran conflict, rising trade tensions between the United States and Canada, and key regional and international developments.
Britain's new Prime Minister Andy Burnham has chaired his first Cabinet meeting, pledging to make the cost of living his government's central priority while signalling a broader effort to restore confidence in Britain's government and strengthen its international standing.
Indian Prime Minister Narendra Modi called for setting up a foolproof public examination system in the country on Tuesday, a day after supporters of the youth-led "cockroach" movement and police clashed as they marched on parliament to protest against question paper leaks.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 20th July, covering the latest developments you need to know.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 21st of July, covering the latest developments you need to know.
At least six people were killed and 21 others injured after two earthquakes struck Peru's central Junín region, destroying dozens of homes and triggering a major emergency response.
Kylian Mbappé has become the first player to win the FIFA World Cup Golden Boot on more than one occasion. The French forward won the award presented to the top goalscorer of the tournament for the second time, despite France being knocked out in the semi-finals.
Overnight U.S. strikes caused blackouts in southwestern Iran and hit the northwestern city of Tabriz for the first time. Separately, a U.S. soldier died in northern Iraq during a controlled detonation of an unexploded Iranian drone.
Ukrainian President Volodymyr Zelenskyy has dismissed Commander-in-Chief Oleksandr Syrskyi, replacing him with General Mykhailo Drapatyi in one of the most significant military leadership changes since Russia's full-scale invasion of Ukraine.
Southeast Asia remains the epicentre of scam centres running illegal online fraud schemes that target victims worldwide and generate billions of dollars annually. The UN estimates scam losses across East Asia, Southeast Asia, Australia and New Zealand reached up to $114.1 billion in 2025.
Britain's new Prime Minister Andy Burnham has chaired his first Cabinet meeting, pledging to make the cost of living his government's central priority while signalling a broader effort to restore confidence in Britain's government and strengthen its international standing.
Iran is increasingly relying on its northern ports for imports, with officials saying more than 30% of goods now enter the country via Russia and the Caspian Sea rather than through the Indian Ocean.
Russian strikes hit multiple locations across Ukraine, setting a large hardware store ablaze in the northeastern city of Sumy and damaging a residential building in the country's east, as fighting between the two sides continued to intensify.
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