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.
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Donald Trump's attempt to end automatic citizenship for some children born in the U.S. has suffered a major setback after the Supreme Court declined t...
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Donald Trump's attempt to end automatic citizenship for some children born in the U.S. has suffered a major setback after the Supreme Court declined to embrace the central constitutional argument behind his policy.
Police in Monaco and France were searching on Tuesday (30 June) for a suspected bomber after a parcel explosion wounded three people in the wealthy Mediterranean principality. Authorities are treating the incident as attempted murder.
United Nations Secretary-General António Guterres on Monday called for renewed global action to prevent terrorism by tackling its root causes, warning that rising global instability is creating conditions in which extremist groups can thrive.
NATO is adjusting to a shifting global security environment and the United States is not seeking to leave the alliance, Turkish Defence Minister Yaşar Güler told Reuters ahead of next week’s NATO summit in Ankara.
Rescue teams raced on Sunday to find more survivors of the two powerful earthquakes that struck Venezuela this week, with signs of life bringing occasional relief to a grim quest to whittle down a list of tens of thousands missing.
Iranian and U.S. negotiating teams were due in Doha this week, but Iran said on Monday no meeting had been scheduled as weekend missile fire from both sides tested the interim ceasefire to end the four-month-old war.
The U.S. and Iran have agreed to 'stand down' and resume technical talks, allowing vessels allowed to move freely under the interim peace deal, a U.S. official said.
The United States and Iran have agreed to halt strikes against each other, in a potential breakthrough after weeks of escalating tensions. The two sides are expected to meet in Doha on Tuesday to address their dispute over the Strait of Hormuz.
Six adults were killed in a shooting at a youth welfare facility in northern Germany on Monday, with police detaining two people, including the suspected gunman.
Donald Trump's attempt to end automatic citizenship for some children born in the U.S. has suffered a major setback after the Supreme Court declined to embrace the central constitutional argument behind his policy.
Pakistan has responded to a deadly Karachi Rangers compound attack with cross-border strikes and diplomatic protests against Afghanistan, signalling a tougher counterterrorism stance towards militants it says are based there.
Police in Monaco and France were searching on Tuesday (30 June) for a suspected bomber after a parcel explosion wounded three people in the wealthy Mediterranean principality. Authorities are treating the incident as attempted murder.
The United States is expected on Wednesday to formally signal that it will not extend the U.S.-Mexico-Canada Agreement (USMCA), triggering a lengthy review process that could ultimately reshape the North American free trade framework.
United Nations Secretary-General António Guterres on Monday called for renewed global action to prevent terrorism by tackling its root causes, warning that rising global instability is creating conditions in which extremist groups can thrive.
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