China has apparently allocated its first annual quotas for rare earth mining and processing without the usual public announcement.
Following the launch of an EU purchasing platform for critical raw materials, a bilateral partnership may follow to further consolidate demand and strengthen market leverage.
ASM makes its first shipment of refined terbium and dysprosium from South Korea to Europe. Meanwhile, Canada’s Ucore successfully demonstrates the separation of both elements.
In addition to lifting the export duty, the resource-rich Central Asian country plans to temporarily ban the export of certain unprocessed metals.
The U.S. Department of Defense is set to become the largest shareholder in MP Materials, operator of the only rare earth mine currently active in the United States.
According to media reports, the Indian government aims to incentivize increased domestic production. I