News

As rare earth magnet shortages threaten India’s EV and defence sectors, a little-known state-run firm, 75 years old, is emerging as a critical player. We have the inside story of its roller coaster ...
The Pentagon took a $400mn equity stake in Litinsky’s MP Materials last week and promised to buy its output for nearly 10 years at double the current market price. Apple on Tuesday agreed to a $500mn ...
MP Materials’ goal to become a national rare-earths “champion” that can go toe-to-toe with China was turbocharged by Pentagon ...
Japan's lucrative $26 billion deep-sea find could be rendered worthless after a technological breakthrough. A survey by The Nippon Foundation and the University of Tokyo found a field of dense ...
This initiative could not have come at a more crucial time. In April 2025, China imposed new export restrictions on several ...
The US DoD has taken a blowtorch to the critical minerals market with a $US400M equity investment into America’s only ...
Mahindra and Uno Minda has expressed interest in investing in local production of rare earth magnets in India, but didn't give a timeline for that.
U.S. Energy Secretary Chris Wright was in Ranchester, Wyoming, on Friday for the ribbon cutting to open the first U.S. rare ...
Further bolstering domestic priorities, state-run IREL (India) Limited was directed in June 2025 to suspend a 13-year-old ...