Economy
France to Buy Rare Earths From Mongolia

France to Buy Rare Earths From Mongolia

France wants to purchase critical raw materials from Mongolia. This was concluded by French President Emmanuel Macron and his Mongolian counterpart Ukhnaa Khurelsukh during a meeting in Mongolia yesterday. The goal of both countries is to become more independent of China - whether as a supplier or buyer of raw materials.

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U.S. and Australia Deepen Cooperation on Critical Minerals and Climate Change

U.S. and Australia Deepen Cooperation on Critical Minerals and Climate Change

Australia and the U.S. have signed the Climate, Critical Minerals and Clean Energy Transformation Compact, intended to boost the countries’ clean energy and critical minerals sectors and create secure supply chains. The compact also incorporates imports from Australia in these sectors in the Inflation reduction Act, making the Pacific country’s industry more competitive.