The United States (US) is planning to invest $1.6 billion in Oklahoma-based USA Rare Earth in exchange for a 10 per cent equity stake, the Financial Times reported on Saturday, citing people familiar with the matter. Read More: Pakistan Sends First Rare Earth Shipment to US According to the report, the government investment, alongside a separate $1 […]
rare earth minerals
Trump Doubles Tariffs on China
WASHINGTON – US President Donald Trump has reignited the trade war with China, announcing an additional 100% tariff on Chinese goods and threatening to cancel his upcoming meeting with President Xi Jinping. Trump said the move comes in retaliation for what he described as Beijing’s “extraordinarily aggressive” decision to impose export restrictions on rare earth […]
Pakistan, US Move Ahead with Rare Earth Deal amid PTI’s ‘Secret Pact’ Outcry
WASHINGTON/ISLAMABAD — Pakistan’s strategic and economic partnership with the United States is entering a new phase, as both sides advance toward implementing a landmark deal for the export of rare earth minerals — a sector that could reshape the country’s industrial future. The development follows the first consignment of mineral samples dispatched to the US […]