Oil, gas, mining, renewables and commodities: news and analysis on the companies and markets powering the economy.
Recent developments in the rare earth metals sector have seen significant market shifts driven by both U.S. and Chinese policy actions. The U.S. Department of Defense has implemented a groundbreaking price support mechanism, establishing a $110 per kilogram floor for neodymium-praseodymium (NdPr) oxide through a major agreement
The use of atomic weapons to end World War II remains controversial even eight decades later, but modern critiques often overlook crucial historical context and the complex decisions faced by military leaders at the time. Recent attempts to rewrite this history have portrayed the bombings as unnecessary or criminal, without
The global gold market faces significant disruption following the United States’ unexpected decision to impose tariffs on one-kilo gold bar imports, particularly affecting Switzerland, the world’s premier refining hub. This development, reported by the Financial Times, comes in the wake of unsuccessful trade negotiations between Swiss officials and
Leading Permian Basin oil producer Diamondback Energy has announced further reductions in capital expenditure and a revised production outlook, responding to anticipated increases in global crude supply. The company is cutting an additional $100 million from its spending plans and postponing certain fracking operations as it adapts to challenging market
The definition of environmentalism is undergoing a transformation as Americans seek to reclaim its original meaning from radical climate activists. What was once focused on practical conservation efforts – keeping landscapes clean, protecting water sources, and reducing urban pollution – has been increasingly hijacked by those pushing controversial climate change agendas. In
Recent developments in Myanmar’s Kachin State have highlighted its crucial position in the global rare earth minerals supply chain, as regional conflicts threaten to disrupt China’s access to these vital resources. The ongoing civil war has taken a significant turn as the Kachin Independence Army (KIA) has seized
A major cybersecurity breach has struck the National Nuclear Security Administration (NNSA), with threat actors exploiting a previously unknown vulnerability in Microsoft SharePoint software. The sophisticated cyberattack, which security experts characterize as one of the year’s most significant intrusions into U.S. defense infrastructure, has been attributed by Western
Recent trade data reveals that Chinese exports of rare earth magnets experienced a significant uptick in June, following earlier disruptions that had impacted U.S. manufacturers. Export volumes reached 3,188 tons in June, marking a substantial increase from May’s 1,238 tons, with U.S.-bound shipments rising
Recent customs data reveals that Chinese rare earth exports reached a remarkable milestone in June, with shipments totaling 7,742 metric tonnes – the highest volume recorded since 2009. This significant increase represents a 60% jump compared to June 2024 and a 32% rise from May 2025 figures. The first half
Meteorologists are actively tracking a developing weather system known as Invest 93-L, which currently presents as an unorganized low-pressure area positioned near Florida’s eastern shoreline. Weather experts indicate that environmental conditions are becoming increasingly conducive for the system’s development, with potential progression into either a tropical
Tech giant Apple is poised to announce a major $500 million partnership with MP Materials, joining the Pentagon as a key investor in the American rare earth minerals company, according to sources familiar with the matter reported by Fox Business. The news sparked a significant 10% surge in MP Materials’
In a groundbreaking development for clean energy, tech giant Alphabet’s Google has entered into the first-ever corporate power purchase agreement for nuclear fusion energy with Commonwealth Fusion Systems (CFS). This milestone agreement comes as global competition intensifies in the race to achieve commercial nuclear fusion capability. Nuclear fusion,
