News

The EU recently selected 13 new strategic raw material projects outside its borders to ensure the supply of critical minerals.

Australian Lynas Rare Earths recently signed a memorandum of understanding with the strategic investment agency of the Kelantan state government in Malaysia to obtain additional raw materials for its advanced materials plant in Malaysia.

China may relax rare earth export restrictions on Chinese and European semiconductor companies and other companies in their supply chains, according to official media reports on May 28.

Russian state business registration documents show that Rosnef PJC has recently acquired the giant Tomtor rare earth deposit in Siberia, which is considered the largest of its kind in Russia.

Canadian Neo Performance Materials announced on May 22 that it has exited its rare earth separation facility in China. The exit is the conclusion of a strategic review it launched last year.

South African Minister of Mineral Resources and Energy Gwede Mantashe recently announced that the “Critical Minerals and Metals Strategy” has been formally approved, and the draft Mineral Resources Development Bill 2025 has been released for public comments.

The EU needs to set up more than 10 billion euros ($11.4 billion) to stimulate investment in the exploration, mining and recycling of critical raw materials, the head of the EU-funded critical minerals agency said on May 14.

US rare earth miner MP Materials said on May 14 that it had signed a memorandum of understanding with Saudi Arabia’s mining flagship Saudi Arabian Mining Company (Maaden) to jointly develop a rare earth supply chain in Saudi Arabia.