The Australian government under Prime Minister Anthony Albanese announced its budget for energy security and low carbon future on Tuesday. Industry leaders argue that the government neglects the opportunities the sector presents and push for an extension of efforts.
The U.S. Department of Energy has announced to allocate $5 million to explore the feasibility of extracting rare earth elements (REE) and other critical raw materials from macroalgae to secure additional domestic sources besides traditional mining
The announcement comes ahead of the first visit to South Korea by a Japanese premier since 2018. The two neighbors aim to normalize relations and agree to resume economic cooperation.
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