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.
U.S. President Donald Trump said on Thursday that his administration will work to "permanently pause" migration from all 'Third World Countries' to al...
The U.S. will "very soon" start taking action to stop suspected Venezuelan drug traffickers on land, U.S. President Donald Trump said on Thursday....
A National Guard member died on Thursday after being shot near the White House in an ambush that investigators say was carried out by an Afghan nation...
On 27 November, Azerbaijan’s Foreign Minister Jeyhun Bayramov met with Luca Beccari, San Marino’s Minister of Foreign Affairs, Political Affairs, ...
Outline draft peace proposals discussed by the United States and Ukraine could become the basis of future agreements to end the conflict in Ukraine, b...
On 27 November, Azerbaijan’s Foreign Minister Jeyhun Bayramov met with Luca Beccari, San Marino’s Minister of Foreign Affairs, Political Affairs, International Economic Cooperation and Digital Transition, during an official visit to Italy.
Hungarian Prime Minister Viktor Orban said on Thursday (27 November) that his country will hold talks on Friday aimed at securing sufficient Russian crude oil and gas supplies.
Turkish construction giants Kalyon Insaat and Cengiz Insaat will take part in the modernisation and expansion of Damascus International Airport, a project also involving Qatari firm UCC, US-based Assets Investments, the Syrian Finance Ministry, and the Syrian Civil Aviation General Authority.
As the Trans-Caspian Transport Corridor (TCTC) gains renewed momentum, Central Asia and the European Union (EU) are working to turn long-standing connectivity ambitions into concrete trade routes, investment deals and infrastructure upgrades.
At least 47 people have died and another 21 are reported missing following ten days of heavy rainfall, floods, and landslides across Sri Lanka, local media reported on Thursday (27 November).
Hong Kong fire authorities said they expected to wrap up search and rescue operations on Friday after the city's worst fire in nearly 80 years tore through a massive apartment complex, killing at least 94 people and leaving dozens still missing.
A passenger aircraft from Polish carrier LOT veered off a taxiway at Lithuania's Vilnius airport after arriving from Warsaw on Wednesday, halting all traffic, the airport operator said.
At least 36 people have died in a fire that ravaged a residential apartment complex on Wednesday according to John Lee the chief executive of Hong Kong.
Netflix crashed on Wednesday for about an hour in the U.S. as it launched season five of "Stranger Things", with the service becoming inaccessible to many subscribers within minutes of the episodes going live at 8 p.m. local time.
U.S. President Donald Trump said on Thursday that his administration will work to "permanently pause" migration from all 'Third World Countries' to allow the U.S. system to fully recover.
The U.S. will "very soon" start taking action to stop suspected Venezuelan drug traffickers on land, U.S. President Donald Trump said on Thursday.
A National Guard member died on Thursday after being shot near the White House in an ambush that investigators say was carried out by an Afghan national, an attack President Donald Trump blamed on Biden-era immigration vetting failures.
Outline draft peace proposals discussed by the United States and Ukraine could become the basis of future agreements to end the conflict in Ukraine, but if not, Russia would fight on, Russian President Vladimir Putin said on Thursday.
The wife and son of former Brazilian President Jair Bolsonaro visited the jailed right-wing leader at the Federal Police facilities in Brasília on Thursday, 27 November, following a Supreme Court order for him to begin a 27-year, three-month prison sentence.
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