The two companies will work towards potential offtake agreements, paving the way for a rare earth supply chain from South Korea to the UK and Back.
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...
This week once again showcased the deep ties between raw materials and geopolitics.
The plant will produce lithium, rare earth, and other critical mineral products.
The subcontinent aims to diversify its resource sources for its growing economy, while the Gulf state possesses largely untapped mineral deposits.