The European Commission proposed allowing limited use of foreign carbon credits to meet its 2040 climate target but admitted it had not assessed the economic or environmental effects of the policy.Karl Mathiesen and Zia Weise report for POLITICO.In short:The proposal would let the EU buy carbon reductions from poorer countries, offsetting up to 3 percentage points of its 90% emissions cut target.Critics, including the EU’s own scientific advisers, warn that buying credits could weaken domestic climate action, waste funds, and risk fraud, recalling past scandals with low-quality offsets.The Commission says it will conduct a full impact assessment next year, but…
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raw material and mineral rare earth news Source link
raw material and mineral rare earth news Source link
(Bloomberg) — Australia’s central bank is poised to deliver its third interest-rate cut this year as inflationary pressures ebb, while Governor Michele Bullock is expected to stick with her cautious stance on the monetary policy outlook. Most Read from Bloomberg Traders and most economists polled by Bloomberg anticipate the Reserve Bank will lower its cash rate by 25 basis points to 3.6% on Tuesday, bringing its cumulative easing in the current cycle to 75 basis points. The RBA will also publish its quarterly update of macroeconomic forecasts alongside the 2:30 p.m. decision. An hour later, Bullock will hold a media…
Crux InvestorThe Technology Helping Breaking China’s Stranglehold on Critical Mineral ProcessingUcore Rare Metals challenges China’s rare earth processing dominance with innovative technology, $18.4M DoD backing, and 2026 Louisiana production start..6 days ago Source link
O2Gold Inc. NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S. TORONTO, Aug. 07, 2025 (GLOBE NEWSWIRE) — O2Gold Inc. (NEX:OTGO.H) (“O2Gold” or the “Company”) is pleased to provide an additional update on its pending acquisition of a gold mining exploration property in Quebec through the purchase of all of the issued and outstanding shares of Quebec Aur Ltd. (the “Target”) pursuant to a share exchange agreement entered into by the Company with the Target and its shareholders dated April 15, 2024, as amended November 14, 2024 (the “Acquisition”). The Company has upsized the hard…
The Washington PostTrump covets rare earth riches, but Greenland plans to mine its own businessInterest in Greenland’s minerals is soaring, driven in part by Trump, who has said the U.S. must “get” the island. But the rare earths will be hard to mine..2 weeks ago Source link
TrendForce[News] China Controls 70% of Global Rare Earth Output—Meet the Top 10 Suppliers Behind ItAfter the U.S.-China tariff war, China stepped up control over rare earth metal exports. According to UDN News, Ministry of Commerce of The People’s R….Jun 10, 2025 Source link
As America hikes tariffs sharply, the jobs market slips, and President Donald Trump turns his ire from Harvard to the Bureau of Labor Statistics the stock market refuses to collapse.Despite these economic speed bumps, the S&P 500 Index is up nearly 8% so far this year. How long this rise can continue depends on whether the fundamental strength of the U.S. economy can withstand the wrenching transformation to the global trading system that President Trump has forced.Economics textbooks insist that stock prices reflect the future stream of a company’s profits on any given day. For all the brainpower devoted to…
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