China’s rare-earth export curbs strain magnet makers despite geopolitical leverage
China’s export restrictions on rare earths have bolstered its geopolitical hand but triggered steep losses and production cuts for its magnet manufa...
European leaders are gathering for an emergency summit on Ukraine amid concerns that U.S.-Russia negotiations could exclude the continent from key decisions
European leaders are set to convene in Paris for an emergency summit focused on the war in Ukraine.
The meeting follows growing concerns that the United States is advancing negotiations with Russia that could sideline Europe from the process.
U.S. President Donald Trump's special envoy to Ukraine has stated that while European leaders will be consulted, they will not participate in direct talks between the U.S. and Russia. He attributed previous negotiation failures to the involvement of too many parties.
Trump’s top administration officials are scheduled to meet senior Russian officials in Saudi Arabia to begin discussions.
UK Prime Minister Keir Starmer has called the Paris summit a "once-in-a-generation moment for our national security" and is expected to attend. He will also present European leaders' views when he meets President Trump at the White House later this month.
A follow-up meeting between European leaders and Ukrainian President Volodymyr Zelensky is expected after Starmer returns from Washington.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
Italy plans to grant approximately 500,000 work visas to non-EU nationals between 2026 and 2028, as announced in a cabinet statement. The initiative aims to address labor shortages by expanding legal immigration pathways
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
China has warned Myanmar's Kachin rebels it will block rare-earth imports from their territory unless they halt an offensive on a key junta stronghold, raising fears over the global supply of critical minerals.
China has consolidated its rare-earth sector into two state-owned giants, tightened export quotas, and introduced new supply-chain tracking systems as part of a sweeping push to reinforce its global dominance in critical mineral processing.
Beijing has warned the Trump administration against restoring steep U.S. tariffs next month and signalled it will retaliate against countries that cut China out of supply chains through bilateral deals with Washington.
China’s export restrictions on rare earths have bolstered its geopolitical hand but triggered steep losses and production cuts for its magnet manufacturers, already hit by weak domestic demand and shrinking overseas sales.
A planned 10% U.S. tariff targeting BRICS nations will be triggered only if they adopt policies deemed "anti-American", a source close to the Trump administration said, amid trade talks and denials from bloc members.
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