Pentagon plans AI-based program to estimate prices for critical minerals
The US Department of Defense plans to develop a program to estimate prices and predict supplies of nickel, cobalt and other critical minerals, a move aimed at boosting market transparency but one that throws a new, uncertain variable into global metals markets.
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Pentagon seeks supply of chip mineral gallium after China curbs exports
Mining News Pro - The Pentagon plans to issue a first-time contract to US or Canadian companies by year-end to recover gallium, a mineral used in semiconductors and military radar systems, after China curbed exports this month.
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Pentagon asks Congress to fund mining projects in Australia
Mining News Pro - The US Department of Defense has asked Congress to let it fund facilities in the United Kingdom and Australia that process strategic minerals used to make electric vehicles and weapons, calling the proposal crucial to national defense.
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Pentagon resumes rare earths funding program after review
Mining News Pro - The US Department of Defense has resumed funding for two projects to process rare earth minerals for military weapons after a review found the grants are in the best interest of the US government, according to documents seen by Reuters.
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Pentagon halts rare earths funding for Lynas
Mining News Pro - The US Department of Defense last month reversed its decision to fund two projects to process rare earth minerals for military weapons, one of which has controversial ties to China, according to three sources and a government document seen.
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Pentagon in talks with Australia on rare earths plant
Mining News Pro - The US Department of Defense is in talks with Australia to host a facility that would process rare earth minerals, part of an effort to reduce reliance on China for the specialized materials used in military equipment, a senior American official said.
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