Reliance's investment in Lithium Werks, which makes lithium iron phosphate batteries that are mainly used in EVs, includes funding for future growth
Musk retweeted an article saying the Ukraine-Russia conflict had sent commodity prices to their highest levels since 2008, and said his companies "are not alone"
EU filed a complaint against Indonesia at WTO for the Southeast Asian country’s restriction on nickel ore export, but Indonesia remains unbothered
Some of the measures, including incentives for exports, are likely to be incorporated in the National Green Hydrogen Mission
The state planning body plans to boost output and reserves of oil, gas, as well as coal, which powers more than 60% of China's electricity generation plants
But any increase in output is not likely to be significant due to environmental requirements, Yang Wenhua of Shanghai Metals Market told S&P Global Intelligence.
Rare earths prices have soared since the second half of 2021 over supply chain uncertainty from Myanmar and strong demand
Demand for neodymium and praseodymium, some of the most important minerals that Lynas mines, has soared in recent years as countries and companies try to tackle climate change
The US is concerned that low output of minerals essential to build future tech may leave it beholden to China and others that have heavily invested in mining
Industrial materials firm Syrah plans to add 180,000 square feet of real estate to its existing 50,000 square-foot Louisiana facility
Shenghe plans to buy a 19.9% stake in Australia's Peak Rare Earths, which runs a project in Tanzania, to secure more overseas resources amid surging prices.
The Chinese price of praseodymium-neodymium alloy, used to make super strong magnets for EV motors, doubled last year and has already shot up 10% this year