New Delhi, March 18 (IANS) The US sees China’s dominance of rare earth minerals, which are critical inputs required for electronic products, defence hardware and electric vehicles, as a major challenge. Ironically, senior officials also realise that America itself is responsible for having allowed the technology and production of these critical minerals go into China’s hands.A report in US news portal Defense One highlights that Washington itself transferred the technology to China in order …
Latest Rare Earth Minerals News & Updates
Washington, Feb 27 (IANS) Democratic Senators have questioned US Commerce Secretary Howard Lutnick over a $1.6 billion rare-earth minerals deal, warning that the arrangement could benefit his immediate family and his former firm, Cantor Fitzgerald.In a February 25 letter, Senators Elizabeth Warren, Ron Wyden, and Chris Van Hollen said the agreement brokered by the Department of Commerce with USA Rare Earth, Inc. (USAR) “could enrich your immediate family.”“This follows in a long string of …
Washington, Feb 23 (IANS) US Trade Representative Jamieson Greer said the Trump administration has “very durable tools” to keep its tariff-driven trade strategy intact after the Supreme Court struck down most of President Donald Trump’s sweeping tariffs, insisting the White House is now focused on “continuity” as it shifts to other legal authorities and investigations. In an interview to a top US media portal on Sunday, Greer said the Trump administration had prepared “backup plans” in case the …
Hyderabad, Feb 1 (IANS) The Centre has once again treated Telangana unfairly in the Union Budget, said Deputy Chief Minister Mallu Bhatti Vikramarka.Reacting to Union Budget 2026-27 presented by Finance Minister Nirmala Sitharaman in Parliament on Sunday, he said they expected allocations for various projects for Telangana, but the State received nothing in the Rs 53.47 lakh crore Budget.He told the media that despite Chief Minister Revanth Reddy, Cabinet Ministers, and Members of Parliament rep…
Chennai, Feb 1 (IANS) Terming the Union Budget for 2026–27 a document “without change or vision”, DMK Parliamentary Party leader Kanimozhi and CPI-M leader and Madurai MP Su Venkatesan on Sunday launched a sharp attack on the BJP-led Union government, accusing it of betraying states heading into Assembly elections such as Tamil Nadu and Kerala in the Union Budget 2026-27.As Finance Minister Nirmala Sitharaman presented the Union Budget in the Lok Sabha, expectations were high for major announc…
Amaravati, Feb 1 (IANS) Andhra Pradesh’s Minister for Information Technology and Electronics, Nara Lokesh, has hailed the Union Budget, saying Andhra Pradesh will gain significantly from it.Lokesh thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for a well-balanced Union Budget that, he said, is firmly aligned with India’s rapid growth and long-term aspirations. “Andhra Pradesh stands to gain significantly – from the Critical Minerals Corridor and high-speed rai…
New Delhi, Feb 1 (IANS) The Confederation of All India Traders (CAIT) on Sunday welcomed the Union Budget 2026–27, describing it as inclusive and growth-oriented, with a strong focus on trade, industry, exports and ease of doing business.Speaking to IANS, CAIT Secretary General and BJP MP Praveen Khandelwal said, “Under the leadership and guidance of Prime Minister Narendra Modi, the budget presented by Finance Minister Nirmala Sitharaman can be summarised in two words: inclusive and decisiv…