Intensifying global race for critical minerals, two competing narratives unfolded this week on opposite sides of the Pacific. While Chinese authorities celebrated the discovery of massive rare earth, fluorite, and antimony reserves, strengthening Beijing’s grip on high-tech supply chains, Canadian officials at the world’s largest mining convention unveiled a C$1.5 billion infrastructure fund designed to […]
Chinese authorities have unveiled a massive expansion of the nation’s critical mineral reserves, announcing what geologists describe as a “super-large” discovery of rare earths, fluorite, and baryte in Sichuan province, alongside a significant antimony find in Gansu. The announcement, made on Friday, comes as Beijing and Washington intensify their rivalry over control of the supply […]
Japan is advancing plans for a potential deep-sea mining trial after successfully retrieving rare earth-rich sediment from nearly 6,000 metres below the Pacific Ocean, in what officials describe as a major step toward securing critical mineral supplies. The breakthrough, achieved by the deep-sea drilling vessel Chikyu operated by the Japan Agency for Marine-Earth Science and […]
Australia-based Neometals is re-entering upstream resource development through a new joint venture in the United States, targeting lithium and potash production as part of its broader critical minerals strategy. The company has agreed to earn a 51% stake in Utah Brine Corporation by investing up to $2 million over three years under a binding deal […]
As countries accelerate efforts to secure supplies of rare earth elements critical to the clean energy transition, experts are warning that the global scramble risks triggering a new wave of environmental damage, potentially repeating the mistakes seen in China over past decades. Rare earths are indispensable to modern green technologies, particularly high-performance magnets used in […]
Australia-listed Lynas Rare Earths has moved closer to securing a key role in the United States’ defence supply chain after signing a binding letter of intent with the US Department of War for the supply of rare earth oxides. The agreement, signed via its subsidiary Lynas USA, outlines a proposed $96 million commitment by the […]
Japan is in discussions with India to jointly explore rare earth deposits in the western state of Rajasthan, as Tokyo moves to reduce its reliance on China for critical minerals used in advanced manufacturing, according to sources familiar with the matter. The talks follow a preliminary agreement on critical minerals signed last year between the […]
India has taken a significant step toward self-reliance in critical materials by laying the groundwork for a domestic ecosystem for Rare Earth Permanent Magnets (REPMs), as part of a broader push to strengthen its position in advanced materials value chains, according to an official statement issued on Tuesday. The initiative combines domestic manufacturing incentives with […]
The Union Budget 2026 has placed Tamil Nadu at the heart of India’s strategic push to secure critical minerals, with the Finance Minister announcing the development of a rare earth minerals corridor in the State as part of a broader effort to reduce import dependence and strengthen supply chains vital for clean energy, electronics and […]
Rare earth prices rose in 2025 on China supply controls IEA sees global demand doubling by 2040 Lynas leads ASX rare earth miners by market value Governments boost funding to secure non-China supply chains Rare earth metal prices and demand rose sharply in 2025 as supply risks linked to China’s export restrictions pushed governments and […]
