Browsing: rare earths

Lynas Rare Earths and Iluka Resources shares surged following MP Materials’ recent Pentagon contract, highlighting growing demand for rare earths amid global supply chain shifts and increased defense sector investments.

The US government plans to boost investment in rare earths production to reduce reliance on foreign sources and strengthen supply chains critical for technology and defense industries.

Viridis announced plans for the world’s lowest-cost rare earths project in Brazil, aiming to boost supply in the critical minerals market. The initiative highlights Brazil’s growing role in global rare earth production.