Indonesia seeks critical minerals deal with U.S.

Indonesia has requested trade talks with the United States to ensure that its exports of critical minerals are covered under the U.S. Inflation Reduction Act as it seeks to become a major EV manufacturer, reported Reuters. Under guidelines of the law, a certain amount of critical minerals in electric vehicle (EV) batteries are required to be produced or assembled in…

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Pensana breaks ground on RE processing hub

UK-based Pensana has broken ground at its Saltend rare earth processing hub in northern England, a key development in its plans to create the world’s first independent and sustainable rare earth supply chain.  Following a 12-month construction period, the US$195 million plant is targeting production in late 2023, before ramping up to full capacity in 2024. Pensana said it aims…

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