The proposal outlines a traceability system for rare earths, providing the government with more information regarding the sector.
Sri Lanka is rich in mineral sands, which contain various critical minerals.
Lawmakers cite evidence of interference in the conflict in neighboring Democratic Republic of the Congo.
Trump and Modi announce initiative to recover lithium, rare earths, and more—including from fossil industry sectors.
Companies producing renewable hydrogen or processing critical minerals will receive tax credits to bolster the domestic industry.
Subsidies may be reduced, incentives for technological advancement expected. Renewable energy...