The European Commission has unveiled 13 new strategic raw material projects outside the EU to boost supplies of critical metals and minerals vital for energy, defense, and aerospace sectors amid growing global supply tensions.
In response to China’s recent export restrictions on rare earth magnets, the European Commission announced 13 new projects outside the bloc aimed at securing essential raw materials like lithium, cobalt, manganese, and graphite. These materials are crucial for electric vehicle batteries, renewable energy, and defense industries.
This move supports the EU’s Critical Raw Material Act, which targets mining 10%, processing 40%, and recycling 25% of its material needs by 2030. The projects, located in countries including the UK, Canada, Greenland, and Ukraine, will receive financial backing totaling approximately €5.5 billion. This expansion raises the total number of strategic raw material projects to 60, strengthening the EU’s resilience amid global supply challenges.
Prosecutors in Paraguay have charged former President Santiago Peña and ex-central bank chief Carlos Carvallo Spalding over the collapse of ...
Poland has declared two days of national mourning after a gunman opened fire in Kraków's historic main square. Investigators are examini...
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Democrats' sweeping victory in the U.S. midterm elections has sent technology stocks plunging, as investors fear tougher AI regulations could slow infrastructure development and threaten the boom that has driven market gains this year.
Poland has declared two days of national mourning after a gunman opened fire in Kraków's historic main square. Investigators are examining possible far-right influences and the discovery of three bodies at the suspect's home.
U.S. President Donald Trump has predicted a breakthrough in efforts to end the war in Ukraine after meeting Russian President Vladimir Putin’s envoy, Kirill Dmitriev, ahead of U.S.-mediated peace talks between Moscow and Kyiv in Abu Dhabi on 10-11 November.
Two people, including a child, were killed and 16 others injured when an intercity bus crashed in eastern France on Friday morning, authorities confirmed.
U.S. Defense Secretary Pete Hegseth has vowed to fight attempts to impeach him, dismissing the growing campaign against him as politically motivated amid mounting criticism of his handling of the war in Iran.
Prosecutors in Paraguay have charged former President Santiago Peña and ex-central bank chief Carlos Carvallo Spalding over the collapse of Ueno Bank, and have asked a court to hold both men in pretrial detention.
Poland has declared two days of national mourning after a gunman opened fire in Kraków's historic main square. Investigators are examining possible far-right influences and the discovery of three bodies at the suspect's home.
Paraguay’s Vice President Pedro Alliana has assumed the presidency after the Senate impeached and ousted Santiago Peña amid a banking crisis that sparked widespread political backlash.
New Zealand’s ruling centre-right National Party has taken a narrow lead over the opposition Labour Party in Saturday’s general election, with the country’s current three-party coalition projected to retain power.
Russian forces launched a ballistic missile attack on Kyiv early on Saturday, 7 November, injuring two people and damaging residential buildings, just three days before U.S.-led peace talks with Ukraine and Russia in Abu Dhabi.
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