The Rare Earth Magnet Manufacturing Production Tax Credit Act incentivizes the domestic production of rare earth magnets used, for example, in wind turbines.
Nine littoral states want to drive forward the expansion of offshore wind energy. High-level summit in Belgium.
Mining and processing of minerals such as lithium and rare earths will be heavily promoted.
The South American country has the world's largest reserves of the battery raw material.
Australia is well on its way to achieving its climate targets, but the policymakers must adapt to geopolitical challenges and expand their efforts across all sectors, according to the International Energy Agency.
Agreement reached between Council of Europe and EU Parliament. Approval by the member states is still pending.