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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Flights arriving at Catania airport in eastern Sicily were suspended after volcanic ash from a new eruption of Mount Etna drifted into the airspace around the airport, disrupting operations at one of Italy’s busiest aviation hubs.
Greenland has issued a “strong warning” to a U.S. oil company linked to President Donald Trump after drilling equipment was brought ashore without the required government approvals, according to British media.
A deal on a new route for vessels through the Strait of Hormuz is "very close," Iranian Foreign Minister Abbas Araghchi has said, while warning that the reopening of the waterway depends on the U.S. meeting other conditions, including paying compensation to Iran.
Iran said it was nearing a final pact with Oman defining new shipping lanes between them through the Strait of Hormuz but repeated that the U.S. must meet other conditions.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 9th of August, covering the latest developments.
U.S. President Donald Trump has called for Iran to pay compensation for decades of deaths and damage, adding a new demand to peace talks as Tehran seeks compensation and sanctions relief before reopening the Strait of Hormuz.
Thousands of lawsuits accusing some of the world's biggest social media companies of designing platforms that keep young users hooked can now move forward after a U.S. appeals court rejected an attempt to halt the litigation.
A growing oil spill from a stranded tanker carrying nearly one million barrels of Russian crude has raised environmental concerns off the coast of Oman, where authorities are racing to contain a slick that now covers hundreds of square kilometres near a protected marine reserve.
U.S. President Donald Trump has signed an executive order calling for a reduction in the number of vaccines routinely recommended for children and endorsing changes to how some immunisations are administered, reigniting debate over U.S. vaccine policy and public health.
At least 100 people were killed after a powerful earthquake struck western Colombia early on Monday, toppling buildings across several cities and leaving people trapped under rubble.
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