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The U.S. Pentagon has entered into a $96 million agreement with Australian company Linus Rare Earths to produce rare earth elements in Malaysia. This deal aims to challenge China's near-total monopoly on these critical materials. The development marks a strategic shift in global supply chains for rare earth elements.
insidermonkey.comThe Pentagon has signed a $96 million deal with Linus Rare Earths to produce rare earth elements in Malaysia, @MarioNawfal reported. Linus Rare Earths is an Australian company, and the agreement seeks to break China's near-total monopoly on rare earth elements.
China currently holds a near-total monopoly on the production of rare earth elements, which are essential for various technologies and defense applications.
The deal represents a move to diversify sources of these critical materials away from Chinese dominance.
theiranproject.comSyrian President Ahmad al-Sharaa stated that Iran gained the most from the recent conflict, describing the war as containing multiple mistakes in its objectives and formation.
middleeasteye.netIran fired missiles at Israel for the first time since the April ceasefire, hours after Israel struck Beirut’s Dahiyeh district. Alerts sounded across Tel Aviv as residents moved to shelters.
washingtonpost.comEva Clarke, Hana Berger-Moran and Mark Olsky were born to Jewish mothers who hid their pregnancies at Auschwitz and survived a 16-day death train to Mauthausen.