Critical Minerals: U.S. Government Funds Research Hub
The $75 million facility will support other ongoing projects to diversify and bolster supply chains.
The $75 million facility will support other ongoing projects to diversify and bolster supply chains.
Government could block projects based on national security reasons. Foreign companies must give advance notice before investing in strategic sectors.
The bloc will also be attentive to deep-sea mining developments.
The act aims to strengthen the EU raw materials sector. Besides praise, there is also skepticism.
The EU Council gives final approval—the first Europe-wide law on the supply of critical minerals comes into force in a few weeks.
Minister to visit China next month to seek out investment into a rare earth refinery.