Australia's Viridis Mining and Minerals said on Tuesday it received a letter of interest from Export Development Canada for up to $100-million in debt financing for its Colossus rare earths project in Brazil.

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.

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

In an effort to strengthen Beijing’s control over global supply chains, the Chinese Ministry of Commerce has announced a new expansion of its export control regime for rare earth elements.

Victory Metals has received approval from the US Government’s system for award management, paving the way for the rare earths company to directly engage with US federal agencies.

Australian Strategic Materials (ASM) has entered the commercial heavy rare earth market, making its first sale of heavy rare earth metals from its Korean metals plant.

It will enable the company to flexibly switch between different products depending on customer demand.