The Biden-Harris Administration yesterday released the U.S. National Clean Hydrogen Strategy and Roadmap, aiming to produce 50 million metric tons of clean hydrogen fuel by 2050. The program is expected to add up to 100,000 jobs to the growing domestic hydrogen economy by 2030.

Researchers at Chalmers University of Technology, Sweden, have published a study on raw material demands conducted on behalf of the European Commission. The team argues that the European Union’s demands to electrify its industry are outpacing the current global supply including new recycling abilities and advocate to find substitutions long-term, but more extraction is required in the meantime.

Canadian rare earths mining and exploration company Mkango Resources Ltd. has published earnings for the first quarter of 2023 ending March 31. The corporation has reportedly decreased its loss but remains in a deficit. However, the company reported progress in its mining, refining, and recycling ventures.

Hyundai Motor Group and LG Energy Solution have signed a memorandum of understanding to construct a $4.3 billion electric vehicle battery plant in Bryan County, Savannah, Georgia. The new facility will supply the Hyundai Metaplant America which is currently under construction and is set to produce 300,000 EV units annually.

The Swedish carmaker will acquire 50 percent of the energy produced at the Bruzaholm wind park.

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.