Japan will begin testing deep-sea mining for rare earth elements this month, moving into uncharted territory as supply security concerns intensify amid China’s tightening grip on critical minerals. The government-backed trial, scheduled to run from January 11 to February 14, will take place in waters around Minamitori Island, roughly 1,900 kilometers southeast of Tokyo. The test is designed to evaluate ...
Sentiment for lithium prices and lithium stocks turned bullish in late 2025 as global demand surged, suggesting that a market surplus could tighten into a deficit sooner than previously expected. Prices, which had soared through late 2022, faced volatility but rebounded in H2 on robust demand growth, inventory drawdowns and regulatory tightening. Notably, Contemporary Amperex Technology (CATL) (SZSE:300750,HKEX:3750) halted operations ...
Statistics Canada released December jobs figures on Friday (January 9). The data shows that 8,200 new jobs were added during the month, while the unemployment rate rose to 6.8 percent, up 0.3 percentage points from November. The agency attributes the gain to more Canadians actively seeking work. Analysts had expected a decrease of 5,000 jobs and a smaller increase in ...
The gold price started off the new year on a strong note, approaching the US$4,500 per ounce level midway through the week and breaking through it on Friday (January 9). As is often the case, silver put on a bumpier performance, trading within about a US$10 range. It recorded lows under US$73 per ounce and highs above US$82. Beyond day-to-day ...
Vice President JD Vance announced a new federal task force aimed at tackling fraud across the country on Thursday. Vance says the Justice Department will feature a new associate attorney general position to address fraud, in addition to the 1,500 subpoenas and 100 indictments the DOJ has already sent out on the issue. Vance says the administration hopes to announce ...
President Donald Trump called for defense spending to be raised to $1.5 trillion, a 50% increase over the current budget. ‘After long and difficult negotiations with Senators, Congressmen, Secretaries, and other Political Representatives, I have determined that, for the Good of our Country, especially in these very troubled and dangerous times, our Military Budget for the year 2027 should not ...
President Donald Trump unleashed his fury on a handful of Senate Republicans who rebelled against him on Thursday, demanding that they never be re-elected. Five Senate Republicans broke ranks to support a bipartisan war powers resolution from Sen. Tim Kaine, D-Va., geared toward reining in Trump’s ability to pursue further military action in Venezuela. It served as a rare rebuke ...
The Trump administration is considering paying each Greenland resident thousands of dollars as part of a bid to encourage the territory to secede from Denmark and join the United States, according to Reuters. U.S. officials, including White House aides, have discussed payment figures ranging from $10,000 to $100,000, the outlet reported, citing sources. For an island with a population of ...
National security experts are sounding the alarm over a report that the Chinese Communist Party’s reach inside the United States could include two golf courses located right on the doorstep of one of the country’s most critical military bases. News this week that a Chinese intelligence officer is the owner of two golf courses on both sides of Louisiana’s Barksdale Air ...
European allies are working together on a plan in case the Trump administration acts on acquiring Greenland, a report said Wednesday. French Foreign Minister Jean-Noel Barrot told France Inter radio that the subject will be raised at a meeting with the foreign ministers of Germany and Poland. ‘We want to take action, but we want to do so together with ...