Prime Minister Scott Morrison unveiled funding for a slew of projects in Western Australia, saying the big state would become a powerhouse for Australia's allies

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.