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Australia's Ionic Rare Earths (IonicRE) has signed a memorandum of understanding (MoU) with Missouri-based US Strategic Metals (USSM)

Rare earth elements, often dubbed the “vitamins” of modern technology, sit at the heart of everything from smartphones and drones to electric vehicles and defense systems.

Poland has launched a USD 1.1 billion support program through its state-owned BGKbank to help companies enter the African market.

Ministry of Steel warns that prices below cost threaten industry expansion

Overall, the market enters the holiday period with few positives.

India is preparing a major push to strengthen its rare earth magnet manufacturing capabilities

Iron-ore miner BHP Group and steelmaker Posco have signed a memorandum of understanding to advance hydrogen-based ironmaking technology as part of efforts to decarbonise the steel sector, the companies said last week.

The Simandou project in Guinea threatens to further change the dynamics of the iron ore market, which is already facing an uncertain future in terms of demand, writes Bloomberg.