The UK has revealed a $1.2 billion Investment strategy in its domestic semiconductor industry over the next decade. The plan aligns the nation with the recently announced cooperation with Japan and sets the European country up to become more independent.

Canadian Prime Minister Justin Trudeau addressed the South Korean parliament and will hold a summit with South Korean President Yoon Suk Yeol later this Wednesday. Canada and South Korea could form mutually beneficial trade relations considering the vast natural resources of the North American country and the semiconductor expertise of the East Asian nation.

Maginito will increase ownership in HyProMag from 42 percent to 100 percent.

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.