The Rare Earth Magnet Manufacturing Production Tax Credit Act incentivizes the domestic production of rare earth magnets used, for example, in wind turbines.
This would be the fourth planned venture into electromobility by the American automaker and a step towards its goal of producing 1 million electric vehicles annually by 2025.
Increasing demand in new application fields combined with positive market sentiment and tightening supply pushes the global tellurium prices higher.
Australia is well on its way to achieving its climate targets, but the policymakers must adapt to geopolitical challenges and expand their efforts across all sectors, according to the International Energy Agency.
The President of the European Central Bank argues that rising geopolitical tensions and bloc-building could push inflation higher and threaten critical supply chains.
Multinational technology company Apple will use 100 percent recycled rare earth elements for magnets in its devices by 2025.