USGS Adds Ten New Materials to 2025 Critical Minerals List
Copper, silver, rhenium, and silicon are now among those deemed vital to the U.S. economy and national security.
Copper, silver, rhenium, and silicon are now among those deemed vital to the U.S. economy and national security.
Japan has been planning to mine rare earth elements around the Pacific island of Minamitorishima for several years, and the United States may now join the effort following the recent conclusion of a bilateral minerals agreement.
The Canadian refining company aims to supply critical rare earth elements for magnet production in the United States and Europe.
Operations are expected to begin in 2027 with an annual capacity of up to 2,000 tons.
According to media reports, India is planning a significant increase to its subsidy program for rare-earth magnets, initially announced only in July.
Without semiconductors like silicon and germanium, much of modern life would come to a standstill.